With the approval of revised guidelines for the “To-Be-Announced” (TBA) market, we announced today that we are set to issue the first Freddie Mac 55-day payment delay, TBA-eligible Uniform Mortgage-Backed Security™ (UMBS™) on June 3, 2019.

Our announcement follows the recent update to the Securities Industry and Financial Markets Association’s (SIFMA) good delivery guidelines to enable trading of UMBS issued by Freddie Mac and Fannie Mae in the TBA market.

As a reminder, we will no longer issue new Gold Participation Certificates (PCs) with a 45-day payment delay after May 31, 2019.

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