Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Original Issue Settlement
Fannie Mae
Updated 10-31-2026
Original Issue Settlement
The standard settlement option for a newly originated MBS, which results in the mortgage-backed security being assigned directly to Fannie Mae when the pools are delivered, and subsequently being delivered to the trading desk (which will wire the funds to pay for the security to the lender on the settlement date). original loan amount See loan amount.
Fannie Mae Glossary of Terms
Fannie Mae · p. 35
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