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Uniform Mortgage-Backed Security

Publication Details
Type
Proposed Rulemaking
Document Number
2018–20124
Federal Register Publish Date
09/17/2018
Federal Register Citation
83 FR 46889
PDF Format
Comment Open Date
09/17/2018
Comment End Date
11/16/2018
Comment Status
Closed
Rulemaking Details
Rulemaking

Uniform Mortgage-Backed Security

06/18/2019
Number
RIN-2590-AA94
Group
Fannie Mae
Freddie Mac
CFR
12 CFR Part 1248
CFR Description
UNIFORM MORTGAGE-BACKED SECURITIES
Effective Date

Uniform Mortgage-Backed Security

Contact Information

​FOR FURTHER INFORMATION CONTACT: Robert Fishman, Senior Associate Director, Division of Conservatorship, (202) 649-3527, Robert.Fishman@fhfa.gov, or James P. Jordan, Associate General Counsel, Office of General Counsel, (202) 649-3060, James.Jordan@fhfa.gov. These are not toll-free numbers. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

Summary

​SUMMARY: The Federal Housing Finance Agency (FHFA or Agency) is providing notice and inviting comment on a proposed rule to improve the liquidity of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (the Enterprises) To-Be-Announced (TBA) eligible mortgage-backed securities (MBS) by requiring the Enterprises to maintain policies that promote aligned investor cash flows both on current TBA-eligible MBS, and, upon its implementation, on the Uniform Mortgage-Backed Security (UMBS) – a common, fungible MBS that will be eligible for trading in the TBA market for fixed-rate mortgage loans backed by 1-4 unit (single-family) properties.

DATES: Written comments must be received on or before November 16, 2018.

Public Comments people-icon

Below are a compilation of public comments made on this publication.

13 items
CSV
Date First Name Last Name Organization Comment
N/A See attached Meeting Notes with FHFA and the Securities Industry and F…View Comment
Email: N/A
Attachment: View Attachment
Libby Cantrill PIMCO On behalf of PIMCO, please find our submission on RIN 2590-AA94, the U…View Comment
Email: cantrill@pimco.com
Attachment: View Attachment
Robert Broeksmit Mortgage Bankers Association Please see attached.View Comment Email: N/A
Attachment: View Attachment
Michael Garrett Wellington Management Company LLP See attachedView Comment Email: N/A
Attachment: View Attachment
Andrew Lewis JPMorgan Chase Bank, N.A. Please see attached letter.View Comment Email: N/A
Attachment: View Attachment
Dallin Merrill SFIG Please see attached comments from the Structured Finance Industry Grou…View Comment
Email: dallin.merrill@sfindustry.org
Attachment: View Attachment
Dave Ledfors National Association of Home Builders NAHB appreciates the opportunity to comment on the Uniform Mortgage-Ba…View Comment
Email: dledford@nahb.org
Attachment: View Attachment
Ed Wallace THE Community Mortgage Lenders of America The Community Mortgage Lenders of America would Like to thank the Fede…View Comment
Email: edwallace@thecmla.com
Attachment: View Attachment
Kaley Schafer NAFCU Please see NAFCU's attached comment letter.View Comment Email: kschafer@nafcu.org
Attachment: View Attachment
Mitria Wilson Credit Union National Association Please see the attached comment letter containing the views of the Cre…View Comment
Email: mwilson@cuna.coop
Attachment: View Attachment
Christopher Killian SIFMA Sifma's comments are attached. Please let me know of any issues with…View Comment
Email: ckillian@sifma.org
Attachment: View Attachment
Ron Haynie Independent Community Bankers of America See attachmentView Comment Email: ron.haynie@icba.org
Attachment: View Attachment
Brad Douglas Heartland Credit Union Association (HCUA) See attachedView Comment Email: N/A
Attachment: View Attachment