Fannie Majors® are typically multiple-lender Fannie Mae Mortgage-Backed Securities (MBS) comprised of current production 40-, 30-, 20-, 15-, or 10-year fixed-rate; 10/20 or 15/15 Interest-Only; High Balance or LTV > 105%. Each Majors pool is comprised of a single mortgage type typically originated within 12 months of the issue date. Fannie Majors pools usually exceed $200 million at issuance, and some are larger than $500 million.
Lenders from all around the country can participate in a single Fannie Majors issue, making it potentially advantageous for investors seeking this type of diversity within Fannie Majors. Fannie Majors pools are generally larger and potentially more geographically diversified than non-Fannie Majors pools, characteristics generally valued by investors.
Fannie Majors pools are identified by the same prefixes assigned to their single-lender pool counterparts.
For aggregated security balances and other details on currently available open Major pools, please select the product links below:
40-Year Fixed-Rate Program ("CZ" prefix)
30-Year Fixed-Rate Program ("CL" prefix)
20-Year Fixed-Rate Program ("CT" prefix)
15-Year Fixed-Rate Program ("CI" prefix)
10-Year Fixed-Rate Program ("CN" prefix)
Adjustable-Rate Mortgage (ARM)
5/1 Hybrid ARM Program ("LA" prefix)
30-Year Fixed-Rate Refi Plus LTV 105%-125% ("CQ" prefix)
30-Year Fixed-Rate Refi Plus LTV > 125% ("CR" prefix)
15-Year Fixed-Rate Refi Plus LTV 105%-125% ("CV" prefix)
15-Year Fixed-Rate Refi Plus LTV > 125% ("CW" prefix)
Investors may contact Fannie Mae's Fixed-Income Securities Investor Helpline at 1-800-237-8627 or via email with any questions.
Last Revised: October 1, 2012