MarketPoint Frequently Asked Questions

General

• Q1.

  What is MarketPoint?

  Once fully deployed, our goal is to have MarketPoint be a holistic ecosystem providing dynamic price certainty and execution options with innovative tools to make doing business with Fannie Mae easier. Today, MarketPoint features can help you save time and streamline your mandatory and best efforts committing. Current functionality includes the ability to view and download whole loan live prices. As part of Loan Sales, sellers can upload a bid file to view pricing, including SRP pricing, and commit with one click.

• Q2.

  Can lenders make servicing-released commitments in MarketPoint?

  Yes, lenders can make servicing-released commitments and SRP pricing is available in MarketPoint. Lenders will continue to manage servicer relationships via PE – Whole Loan.

• Q3.

  How does MarketPoint simplify pricing and committing?

  MarketPoint streamlines pricing and committing by allowing users to upload a loan file with up to 800 loans:

  • Allows users to browse and download pricing by note rate
  • Provides an option to obtain the servicing-released pricing for loans (if applicable)
    • Uses Desktop Underwriter® (DU®) casefile numbers to auto-populate loan data when committing < 25 loans
    • Automatically selects committing products for loans based on available pricing
  • Automatically groups loans into commitments, allowing users to commit all loans with one click
  • Product customization feature allows users to change recommended product selections to better manage high-balance concentrations
• Q4.

  As MarketPoint is in development, are there any issues users should be aware of?

  Occasionally issues arise which we work quickly to address for users. For current issues, if any, and recommended workarounds, visit the MarketPoint page or email [email protected].