FM SFLP.Repurchase Make Whole Proceeds
From Open Risk Manual
Definition
Repurchase Make Whole Proceeds: Amounts received by Fannie Mae under the terms of our representation and warranty arrangements for the repurchase of the mortgage loan or the subject property or loss reimbursement subsequent to property disposition.
Notes
Includes make whole proceeds associated with mortgage loans that were part of a bulk settlement. 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: 61
- Column Label: REPURCHASES_MAKE_WHOLE_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
