Collection, Tracking and Reporting of Monthly P&I Payments and T&I Amounts

The Servicer ServicerPrimary Person servicing the Mortgage Loan, including the originator, seller, or a third party. is responsible for collecting monthly P&I P&IPrincipal and interest payments from the Borrower BorrowerPerson who is the obligor per the Note. in accordance with the terms of the Note NoteInstrument evidencing a Mortgage Loan obligation, including  Form 6010 series,  any other Fannie Mae-approved note, and  all applicable addenda, schedules, and exhibits.  executed by the Borrower BorrowerPerson who is the obligor per the Note. .  All P&I P&IPrincipal and interest payments and T&I T&ITaxes or assessments that may become a Lien on the Property and insurance premiums. amounts collected by the Servicer ServicerPrimary Person servicing the Mortgage Loan, including the originator, seller, or a third party. in connection with Mortgage Loans Mortgage LoansMortgage debt obligation evidenced, or when made will be evidenced, by the Loan Documents, or  a mortgage debt obligation with a Fannie Mae credit enhancement. must be deposited in the applicable P&I P&IPrincipal and interest and T&I Custodial Accounts T&I Custodial AccountsCustodial Account for the deposit of T&I and other impound escrow funds. maintained in accordance with the requirements of  Part V, Chapter 3: Custodial Accounts .

The Servicer ServicerPrimary Person servicing the Mortgage Loan, including the originator, seller, or a third party. must track and account separately for all P&I P&IPrincipal and interest payment activity relating to each Mortgage Loan Mortgage 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 Servicer ServicerPrimary Person servicing the Mortgage Loan, including the originator, seller, or a third party. must report to Fannie Mae on the P&I P&IPrincipal and interest payment activity relating to each Mortgage Loan Mortgage 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. as provided in this Chapter.