]> AgencyMBSIssuance Process ontology for the process of issuance (securitization) of mortgage backed securities by government agencies. Based on US government agency MBS issuance process. https://opensource.org/licenses/MIT Copyright (c) 2013-2023 EDM Council, Inc. acquire mortgage add mortgage to pool agency mortgage pool creation process allocate primary identifier assess pool suitablility for issuance classify mortgage define mortgage pool draft pass through termsheet Draft of set of information defining the pass thorugh security terms. These will eventually become the contractual terms of the instrument. Term origin:MBS PoC Reviews draw up offering memorandum draw up termsheet finalize pool content finalize prospectus identify conforming mortgage Identify mortgage conforming to overall requirements for this issuer. This does not relate to the criteria for belonging to an individual, defined mortgage pool but conforms to the requirements of the issuing organization overall. This is for Agency pools. For non-agency, the equivalent of this step is carried out at pool level with a clause to reject the mortgage. identify underwriter in assembly agency mortgage pool in issuance agency mortgage pool make securities availabe in market market issue not yet issued agency mortgage pool pass through issue prospectus part A part or section of a prospectus for a pass through MBS issue. Term origin:MBS PoC Reviews pass through m b s draft prospectus The draft prospectus for a pass through Mortgage Backed Securities issue, as determined by the issuing agency prior to marketing the issue. Certain terms in the draft prospectus will be finalized later in the issuance process to become the actual Prospectus. Term origin:MBS PoC Reviews pass through m b s final prospectus Term origin:MBS PoC Reviews pass through m b s final termsheet The final termsheet for the pass through MBS issue. This defines the terms for the MBS contract itself. Term origin:MBS PoC Reviews pass through m b s securitization process pass through offering memorandum The offering memorandum for a pass through MBS issue, setting out basic information about a future issue, for the information of prospective investors and their agents. Term origin:MBS PoC Reviews pool conformance criteria potential agency m b s issuer The entity which will become the issuing party for the pass through MBS Issue. This entity is the principal actor in most of the activities involved in the issue. Term origin:MBS PoC Reviews potential pass through issuance underwriter The entity which will become the underwriter for the pass through MBS issue. Term origin:MBS PoC Reviews register security suitable for issue validate conformance The mortgage is automatically validated for conformance to the requirements of the pool in which it is to be included. From review comment 6 Oct: box called validate conformance automatic eg max loan balance adds adds to pool allocates identifier defines criteria for finalizes has resource identifies is assessment of is defining of maximum loan balance minimum rating purchase purchases results in appointment of validates