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: CREDIT_ENHANCEMENT_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
