Fannie Mae Launches New Single-Family Social Disclosures
Industry Update
November 16, 2022
Source: Fannie Mae
Fannie Mae today launched new social disclosures, the Social Criteria Share (SCS) and the Social Density Score (SDS), for its Single-Family mortgage-backed securities (MBS). The new disclosures are designed to respond to investor feedback and aim to provide single-family MBS investors with insights into socially oriented lending activities while helping to preserve the confidentiality of mortgage consumers’ personal information.
With today’s publication, Fannie Mae is providing the market with the SCS and the SDS, assigned at issuance, for active and inactive MBS pools issued between January 2010 and October 2022. Fannie Mae intends to begin publishing these attributes for new Single-Family MBS issuances on December 2, 2022.
To further assist market participants in their historical analysis, Fannie Mae is also providing a chartbook containing common visualizations of prepayment performance.
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