Work with MBS Pools

Watch the Trade Management: MBS Pools Tutorial 

View the "Trade Management: Working with MBS Pools" White Paper  

Viewing Pools

You can control the information that displays on the MBS Pools tab by sorting, filtering, and reconfiguring the columns. You can then save the configuration as a custom view, which can be applied to the data at any time from the MBS Pools View dropdown list. You can also apply an additional filter to the pools shown in the MBS Pools View by selecting Current Pools or Archived Pools from the View list.

If you select a MBS Pools View that excludes pools with a status of Archived or excludes all pools that do not have a status of Archived, applying the View filter may filter out all pools, causing a blank list to display.

ClosedAccess an MBS Pool

ClosedEdit a MBS Pool

  1. Click the Trades tab and then click the MBS Pools tab.

  2. Double-click a pool.

  3. Edit the Details, Setup, Pricing, Loans, and Notes/History tabs as needed.

  4. Click the Save icon.

ClosedMark loans as Shipped

  1. Click the Loans tab.

  2. Select one or more loans from the Currently in Trade list, and then click Mark as Shipped.

    • The Actual Ship Date field on the Shipping Detail tool is updated with either the Actual Delivery Date on the Details tab or the current date (if the Actual Delivery Date is empty).

    • If the Actual Delivery Date on the Details tab is empty, then that field is updated with the current date.

    • The status of the loans are changed to Shipped-Pending to indicate that the loans are marked as shipped but not yet updated. When the loan update process is completed, the status changes to Shipped.

ClosedMark loans as Purchased

  1. Click the Loans tab.

  2. Select one or more loans from the Currently in Trade list, and then click Mark as Purchased.

    • The Purchase Advice Date field on the Interim Servicing Worksheet is updated.

    • If the purchased date for the loan has not been assigned, you will be prompted to use the current date.

    • The status of the loans are changed to Purchased-Pending to indicate that the loans are marked as purchased but not yet updated. When the loan update process is completed, the status changes to Purchased.

ClosedDelete an MBS Pool

  1. Click the Trades tab, and then click the MBS Pools tab.

  2. Select a pool and click the Delete icon.

  3. Click Yes in response to the confirmation message.

ClosedDuplicate an MBS Pool or Trade 

When copying a pool or trade, information from the Details and Pricing tabs (except for Pool ID and Weighted Average Price) are copied to the new pool or trade. Assigned loans, notes, and history are not copied.

For pools, the Setup tab is also copied.

  1. Click the Trades tab and then click the MBS Pools tab.

  2. Select the pool you want to copy and then click the Duplicate icon.

    • The new pool opens to the Details tab.

  3. Enter a Pool ID for the new pool.

  4. Search for and assign eligible loans and make any additional changes to the pool information.

  5. When done updating the new pool, click the Save icon.

    • The new pool is added to the Pools list.

ClosedLock and unlock a MBS Pool

When you lock a pool, no loans can be assigned to, or removed from, the pool. You can still edit the pool and save updates to both the pool and its assigned loans.

  1. Click the Trades tab, and then click the MBS Pools tab.

  2. Select a pool, and then click Lock/Unlock.

  3. Click Yes in response to the confirmation message.

    • A lock icon displays to the left of the pool on the MBS Pools list.

  4. To unlock a trade, select a trade, and then click Lock/Unlock.

  5. Click Yes in response to the confirmation message.

ClosedArchive an MBS Pool

  1. Click the Trades tab, and then click the MBS Pools tab.

  2. Select a pool, and then click Archive.

  3. Click Yes in response to the confirmation message.

    • If the pool status is not Purchased, you will also be asked to confirm that you want to archive the pool.

  4. To view archived pools, select the Archived Pools option above the MBS Pools list.

  5. To return an archived pool to the Current MBS Pools list, select a pool on the Archived Pool list, click Move to Current, and then click Yes in response to the confirmation message.

ClosedExport selected MBS Pool entries to Excel

  1. Click the Trades tab, and then click the MBS Pools tab.

  2. Select one or more pools.

  3. Click the Excel icon.

    • Or, on the menu bar, click the MBS Pools menu, point to Export MBS Pool to Excel, and then click Selected MBS Pools Only.

ClosedExport all MBS Pool entries to Excel

  1. Click the Trades tab, and then click the MBS Pools tab.

  2. Select one or more pools.

  3. Click the Excel icon.

    • Or, on the menu bar, click the MBS Pools menu, point to Export MBS Pool to Excel, and then click All MBS Pools on All Pages.

ClosedPrint entries

  1. Click the Trades tab, and then click the MBS Pools tab.

  2. Select one or more pools, and then click the Print icon.

ClosedView MBS Pool history

  1. Click the Trades tab, and then click the MBS Pools tab.

  2. Double-click a pool, and then click the Notes/History tab

  3. The History section displays entries for each pool event.

  4. To export the history to a .csv file, click the Excel icon.

ClosedAllocate a pool to a security trade

  1. Click the Trades tab and then the Security Trades tab.

  2. Create a new trade or select an existing one.

  3. On the Details tab, in the MBS Pools section, click Allocate Pool.

  4. Select one or more pools to allocate.

    • Or use the Filter section to search for pools.

  5. To allocate all or a portion of the pool amount, double-click in the Allocated Pool Amount column and enter the amount you want to allocate to the trade.

  6. Highlight the pool rows and then click Allocate.

  7. A confirmation message displays.

  8. Click Yes to continue.

  9. Click the Save icon.

ClosedAllocate a Fannie Mae PE MBS Pool to a GSE Commitment

  1. Click the Trades tab and then the GSE Commitments tab.

  2. Create a new commitment or select an existing one.

  3. On the Details tab, in the Fannie Mae PE MBS Pools section, click Allocate Pool.

  4. Select one or more pools to allocate.

    • Or use the Filter section to search for pools.

  5. To allocate all or a portion of the pool amount, double-click in the Allocated Pool Amount column and enter the amount you want to allocate to the commitment.

  6. Highlight the pool rows and then click Allocate.

  7. A confirmation message displays.

  8. Click Yes to continue.

  9. Click the Save icon.

ClosedUnallocate a security trade from a pool

  1. Click the Trades tab and then click the MBS Pools tab.

  2. Select one or more security trades from the Security Trades list, and then click Deallocate TBA.

  3. A confirmation message displays.

  4. Click Yes to continue.

  5. Click the Save icon.

ClosedUnallocate a GSE commitment from a pool

  1. Click the Trades tab and then click the MBS Pools tab.

  2. Select one or more GSE commitments from the Commitments list, and then click Deallocate Cmt.

  3. A confirmation message displays.

  4. Click Yes to continue.

  5. Click the Save icon.

ClosedUnallocate a loan from a pool

  1. Click the Trades tab and then click the MBS Pools tab.

  2. On the Loans tab, select one or more loans from the Currently in MBS Pools list, and then click the Delete icon.

  3. A confirmation message displays.

  4. Click Yes to continue.

  5. Click the Save icon.

ClosedUnallocate a pool from a security trade

  1. Click the Trades tab and then click the Security Trades tab.

  2. Select one or more pools from the MBS Pools list, and then click the Deallocate Pool.

  3. A confirmation message displays.

  4. Click Yes to continue.

  5. Click the Save icon.

ClosedUnallocate a Fannie Mae PE MBS Pool from a GSE commitment

  1. Click the Trades tab and then click the GSE Commitments tab.

  2. Select one or more pools from the Fannie Mae PE MBS Pools list, and then click the Deallocate Pool.

  3. A confirmation message displays.

  4. Click Yes to continue.

  5. Click the Save icon.

ClosedCustomize Your MBS Pools View

When viewing an MBS Pool, you can customize the information that is displayed and how it is displayed. You can then save the configuration as the default view that displays whenever you open a pool.

When you export pool entries to Microsoft Excel, use the customizable view to configure the information that will be exported and the order of the columns that will display in the Excel spreadsheet.

ClosedAdd or remove columns

  1. Right-click a column header, and then click Customize Columns.

  2. To remove a column, clear the corresponding checkbox.

  3. To add a column, select the corresponding checkbox.

  4. Click OK.

ClosedChange the column order

Click and then drag a column to the desired location.

-OR-

  1. Right-click a column header, and then click Customize Columns.

  2. On the Customize Columns window, select a column name in the list.

  3. Click the up arrow or down arrow in the upper-right corner to move the column up or down in the list.

    • The column at the top of the list displays on the far left of the table. The remaining columns display from left to right according to their list order.

  4. Click OK.

ClosedSorting the data

  1. Click a column header to display data in ascending order based on the information in the column.

  2. Alternately click the header to sort the data in descending or ascending order.

    Example: Click the Assigned Date column to display loans in chronological order. Click the header again to reverse the order of assigned dates.

    You can sort loans based on two levels of loan data. For example, on the Pipeline you can sort loans based on the loan amount and the last finished milestone. First, click the Loan Amount column header to sort by ascending loan amount. Then, click the Last Finished Milestone column header. The loans are sorted by last finished milestone, and the loans within each milestone group are sorted in ascending order by loan amount.

ClosedSave the View

After you have set up the data to your specifications, click the Save icon.

See Also:

Create an MBS Pool

Trade Management