Fannie Releases Monthly Loan-Level Disclosure Data

Fannie Mae has released its first round of monthly loan-level disclosure data for single-family mortgage backed securities as part of its broader LLD initiative.

The government-sponsored enterprise confirmed Friday that it has begun providing the data for MBS beginning with an issue date of April 1, 2003 and will update that data monthly.

Renee Schultz, senior vice president, single-family products, said in a press release that the data are a significant step toward addressing investors’ interest in improved transparency for MBS.

Fannie is providing the loan-level data through its PoolTalk application.