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Fannie Mae MBSMBSMortgage-Backed Security :
- issued to credit enhance tax-exempt 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. ; or
- exchanged for 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. redeemed at MBSMBSMortgage-Backed Security issuance.
For MBS Mortgage LoansMBS Mortgage LoansMortgage Loan purchased by Fannie Mae in exchange for an issued MBS backed by the Mortgage Loan. , either a Third Party MBS InvestorThird Party MBS InvestorMBS Investor for an MBS Mortgage Loan that is not the Multifamily Trading Desk. for Lender-Arranged SalesLender-Arranged SalesMBS sold to the Lender and held on its balance sheet or delivered to a Third Party MBS Investor. , or the Multifamily Trading DeskMultifamily Trading DeskTeam that quotes interest rate pricing for a Mortgage Loan and can be contacted at (888) 889-1118. .
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. purchased by Fannie Mae in exchange for an issued MBSMBSMortgage-Backed Security backed by the 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. .
MBSMBSMortgage-Backed Security SecuritySecurityMBS, PFP MBS, or REMIC. backed by MBS Mortgage LoansMBS Mortgage LoansMortgage Loan purchased by Fannie Mae in exchange for an issued MBS backed by the Mortgage Loan. .
Funds paid to a provider by governmental authorities or managed care organizations, under Medicaid provider agreements.
Geographic delineation for a metropolitan area determined by the U.S. Census Bureau.
Subordinate debt financing provided to a direct or indirect owner of a BorrowerBorrowerPerson who is the obligor per the Note. that is secured by a pledge of the direct or indirect equity interest in the BorrowerBorrowerPerson who is the obligor per the Note. held by the owner, and not by a LienLienLien, mortgage, bond interest, pledge, security interest, charge, or encumbrance of any kind. on the PropertyPropertyMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per the Uniform Commercial Code). .
Multifamily rental PropertyPropertyMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per the Uniform Commercial Code). in which 40% or more of the units are occupied by individuals serving in, or employed by, the United States military.
For a prepayment, an amount equal to 1% of the UPBUPBUnpaid Principal Balance .
Amount you are required to collect when originating a 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. per Part IV, Chapter 2: Rate Lock and Committing, Section 203.02: Minimum Good Faith Deposit.