Difference between revisions of "FM SFLP.Credit Enhancement Proceeds"

From Open Risk Manual
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== Definition ==
 
== Definition ==
<b>Credit Enhancement Proceeds</b>: 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.
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<b>Credit Enhancement Proceeds</b>: 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 ==
 
== 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..
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* 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..
 
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* The field belongs to the [[FM SFLP Template]]
The field belongs to the [[FM SFLP Template]]
 
  
 
== Field Characteristics ==
 
== Field Characteristics ==
 
* FM SFLP Field Index: 60
 
* FM SFLP Field Index: 60
* Column Label: CREDIT_ENHANCEMENT_PROCEEDS
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* Column Label: CRE_ENH_PROCEEDS
 
* Data Type: NUMERIC
 
* Data Type: NUMERIC
 
* Data Maximum Length: 9(10).99
 
* Data Maximum Length: 9(10).99

Revision as of 18:39, 16 May 2024

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