Last reviewed 10-31-2026Short-Sale.com Editorialglossary
As Soon as Pooled (Asap) Plus Settlement
Fannie Mae
Updated 10-31-2026
As Soon as Pooled (Asap) Plus Settlement
An MBS settlement option in which a lender delivers pools of mortgages to Fannie Mae and receives a cash payment for them, with the securities from the delivered pools being used to satisfy a trade with either Fannie Mae or a third party.
Fannie Mae Glossary of Terms
Fannie Mae · p. 3
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