I

  • Issue Date

    First day of the month a SecuritySecurityMBS, PFP MBS, or REMIC. is issued. 

  • Issue Date Principal Balance

    For any Securitized Mortgage LoanMortgage LoanMortgage debt obligation evidenced, or when made will be evidenced, by the Loan Documents, or  a mortgage debt obligation with a Fannie Mae credit enhancement. , the UPBUPBUnpaid Principal Balance  of the NoteNoteInstrument evidencing a Mortgage Loan obligation, including  Form 6010 series,  any other Fannie Mae-approved note, and  all applicable addenda, schedules, and exhibits.  after crediting:

    • the principal portion of any scheduled monthly installment due on or before the SecuritySecurityMBS, PFP MBS, or REMIC. Issue DateIssue DateFirst day of the month a Security is issued.  , whether or not collected; and
    • any unscheduled principal payment received on or before the SecuritySecurityMBS, PFP MBS, or REMIC. Issue DateIssue DateFirst day of the month a Security is issued.  .

  • Issuer

    Entity that:

    • issues BondsBondsTax-exempt or taxable multifamily revenue bonds, or other tax-exempt or taxable bonds, issued to finance 1 or more Credit Enhancement Mortgage Loan Properties. for a Credit Enhancement Mortgage LoanCredit Enhancement Mortgage LoanMortgage Loan financed by a Bond issuance where Fannie Mae provides credit enhancement by a Credit Enhancement Instrument, or an MBS for Bonds. ;
    • packages mortgages for sale as a SecuritySecurityMBS, PFP MBS, or REMIC. for an MBSMBSMortgage-Backed Security ; or
    • issues a Letter of CreditLetter of CreditLetter of Credit approved by Fannie Mae per Part I, Chapter 2: Mortgage Loan, Section 204: Letters of Credit. .