Government National Mortgage Association Guaranteed Multiclass Securities

This final rule codifies the provisions of two Notices published in the Federal Register on May 26, 1994 and September 30, 1994, as authorized by Congress. Both Notices provided for a comment period. The September 30 Notice responded to comments on the May 26 Notice. This rule provides guidance to entities wishing to participate in the GNMA guaranteed multiclass securities program and describes certain other aspects of the program.

This is a factual description of what was issued or decided, not an assessment of it.