U

  • UPB

    Unpaid Principal Balance

  • USPAP

    Uniform Standards of Professional Appraisal Practice

W

  • Watchlist

    The risk rating classification if you or Fannie Mae determine 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. has heightened credit risk.

  • Wholly-Owned Condominium

    Residential CondominiumResidential CondominiumCondominium Property where all units are residential. PropertyPropertyMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per the Uniform Commercial Code). where the BorrowerBorrowerPerson who is the obligor per the Note. owns 100% of the units.

Y

  • Yield Maintenance Period End Date

    Last day on which a BorrowerBorrowerPerson who is the obligor per the Note. owes yield maintenance for a voluntary 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. prepayment.