Confirming Pre-settlement MBS Issuance Information
As a best practice for an MBS Mortgage LoanMBS Mortgage LoanMortgage Loan purchased by Fannie Mae in exchange for an issued MBS backed by the Mortgage Loan. when Fannie Mae is the InvestorInvestorMBS Investor for an MBS Mortgage Loan, or Fannie Mae for a Cash Mortgage Loan. , the LenderLenderPerson approved by Fannie Mae to sell or service Mortgage Loans. should confirm the pre-settlement MBSMBSMortgage-Backed Security issuance details with the Capital Markets Trade ConfirmationsCapital Markets Trade ConfirmationsTeam that can be contacted for pre-settlement MBS issuance confirmations at [email protected] team no later than 3:00 p.m. Eastern Time 2 Business DaysBusiness DaysAny day other than a Saturday, Sunday, day on which Fannie Mae is closed, day on which the Federal Reserve Bank of New York is closed, or for any MBS and any required withdrawal for remittance thereunder, a day on which the Federal Reserve Bank is closed in the district where any… before (and not including) 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. .