Nuveen Asset Management
333 West Wacker Drive
Chicago, IL 60606
Phone: 312-917-7700
www.nuveen.com
February 19, 2010
OVERNIGHT DELIVERY AND EDGAR
John Grzeskiewicz
Senior Counsel
Division of Investment Management
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Nuveen Mortgage Opportunity Term Fund 2
Registration Statement on Form N-2
File Nos. 333-163949 and 811-22374
Dear Mr. Grzeskiewicz:
In accordance with Rule 461 of the General Rules and Regulations under the Securities Act of 1933, as amended, Nuveen Mortgage Opportunity Term Fund 2 (the “Fund”) hereby requests acceleration of the effective date of the above-captioned Registration Statement so that it will become effective by 10:00 a.m., Eastern Time, on February 23, 2010 or as soon thereafter as practicable.
The Fund also hereby requests that effectiveness of its Registration Statement on Form 8-A under the Securities Exchange Act of 1934, as amended, be accelerated to be concurrent with the effectiveness of the above-captioned Registration Statement.
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Sincerely, |
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NUVEEN MORTGAGE OPPORTUNITY TERM FUND 2 |
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By: | | /s/ KEVIN J. MCCARTHY
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| | Kevin J. McCarthy |
| | Vice President and Secretary |