MBS Delivery Options
The Book-Entry DateBook-Entry DateCalendar date a Security is delivered by Fannie Mae via the Federal Reserve book-entry system to the applicable Investor’s designated book-entry account at a depository institution. selected by the LenderLenderPerson approved by Fannie Mae to sell or service Mortgage Loans. dictates whether the delivery option is Same Month PoolingSame Month PoolingDelivery option permitting Mortgage Loans to be pooled, and an MBS backed by the pool to be issued, in the same month as the Mortgage Loan Origination Date. or standard delivery. For Mortgage LoansMortgage LoansMortgage debt obligation evidenced, or when made will be evidenced, by the Loan Documents or a mortgage debt obligation with a Fannie Mae credit enhancement. that are intended to be funded under one of the ASAP OptionsASAP OptionsASAP Sale and ASAP Plus (including ASAP Plus POC) purchase options per Part IV A: Mortgage Loan Commitment, Delivery and Purchase Procedures, Section 306. , the LenderLenderPerson approved by Fannie Mae to sell or service Mortgage Loans. must refer to the applicable ASAP ContractASAP ContractASAP Sale Contract, the ASAP Plus Contract, and the ASAP Plus POC Contract. for any ASAPASAPVarious purchase options permitting eligible Lenders to sell Mortgage Loans to Fannie Mae on an expedited basis pursuant to the applicable ASAP Contracts. -specific delivery requirements.
See Part IV A, Chapter 6: Purchase Procedures, Section 603: MBS Funding and Delivery Methods for additional information on the delivery and settlement of MBSMBSMortgage-Backed Security transactions.