Difference between revisions of "FM SFLP.Credit Enhancement Proceeds"
From Open Risk Manual
Wiki admin (talk | contribs) |
Wiki admin (talk | contribs) |
||
Line 1: | Line 1: | ||
− | |||
== Definition == | == Definition == | ||
− | <b>Credit Enhancement Proceeds</b>: Proceeds from claims on primary and certain other limited | + | <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.. | + | * 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]] | |
− | The field belongs to the [[FM SFLP Template]] | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 60 | * FM SFLP Field Index: 60 | ||
− | * Column Label: | + | * 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