A mortgage-backed security involves the purchase of mortgages that originated from a financial institution. After purchasing the note from the bank, the investor collects principal and interest as the payee makes regular payments. Tracking mortgage-backed securities depends on the issuer or guarantor -- the Government National Mortgage Association, the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation.
1. Navigate to the Fannie Mae website and use the securities locator service to track your MBS issued by Fannie Mae. Enter the Committee on Uniform Securities Identification Procedures (CUSIP) number or the pool number into the tool. Click the orange “find” button. Alternatively, you can also use the “Browse MBS by Category” option to track your MBS.
2. Visit the Ginnie Mae website and use the database search page to track your MBS issued by Ginnie Mae. Enter the pool number, the pool type and the issuer number in the appropriate fields. Alternatively, you can also enter the CUSIP number, the FHA case number or the RD case number into the appropriate fields. Click the “Search” button to search the database.
3. Navigate to the Freddie Mac website and use the security lookup tool to track your MBS issued by Freddie Mac. Enter the CUSIP number in the appropriate field. Alternatively, enter the REMIC series number and the class ID into the appropriate fields. Select the type of information you wish to receive in step 2. Enter the tax year by selecting the year from the drop-down menu. Click the “submit” button.
- If you have a private-label mortgage-backed security, visit the website of the private investment bank or financial institution to track your investment.
- Mortgage-backed securities issued by Ginnie Mae offer the full faith of the U.S. government, according to the U.S. Securities and Exchange Commission. Mortgage-backed securities issued by Fannie Mae and Freddie Mac offer some guarantees, but they do not offer the same full-faith backing as Ginnie Mae securities.
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