FM SFLP.Credit Enhancement Proceeds
From Open Risk Manual
Definition
Credit Enhancement Proceeds: Proceeds from claims on primary and certain other limited Mortgage Insurance policies, and recourse and indemnification payments from lenders under arrangements designed to limit Credit Exposure to Fannie Mae.
Notes
- This field will be populated after the disclosed disposition date of the mortgage loan or the subject property, as applicable, based on individual CRT deal claims and reporting timelines..
- The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 60
- Column Label: CRE_ENH_PROCEEDS
- Data Type: NUMERIC
- Data Maximum Length: 9(10).99
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates
