Fannie Mae announced two new social disclosures last month for its single-family mortgage-backed securities (MBS).
The Social Criteria Share (SCS) and Social Density Score (SDS) "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," as the press release stated.
Friday, December 2 is the date Fannie Mae starts publishing the SCS and SDS for new single-family MBSs. In mid-November, the agency started "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."
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