With the implementation of Freddie Mac's new reporting schedule coming, MBS players are expecting faster speeds with the one-time transition period involving 1.5 months worth of paydowns driving speeds.

Countrywide Securities notes that Freddie Mac's June report would likely manifest more than 150% of the Fannie reports speeds. It added that since the Freddie report is covering two month-ends, Countrywide expects the report to show 160% to 170% of paydowns that would have been reported, provided that the same methodology is used.

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