Fannie Mae Selling Guide C3-7-01: Establishing an MBS Trading Account
This topic provides information on establishing an MBS trading account, including:
Fannie Mae publishes the full text of this section: Fannie Mae Single Family Selling Guide on the Fannie Mae website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- Process Used to Establish a Trading Account
- Requirements and Terms Governing the Trading Account
- Terms and Conditions Governing Use of the Electronic Trading Platform
- Establishment of Trading Limits and Margin Requirements
- Offsetting Price Differentials
- Designated Threshold Amount and Minimum Transfer Amount
- Default of Lender Under the Terms of Trading Account
- Consequences of a Default
- Remedies for the Default of a Lender’s Trading Account
- Suitability and Risk of Loss
- Transactional Intent of the Lender and Fannie Mae
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.