FM SFLP.Credit Enhancement Proceeds
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Revision as of 14:50, 17 January 2023 by Wiki admin (talk | contribs) (Created page with " == Definition == <b>Credit Enhancement Proceeds</b>.: Proceeds from claims on primary and certain other limited mortgage insurance policies, and recourse and indemnification...")
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
- 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