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Glossary > C
Agreement between Fannie Mae and a Bond Trustee where Fannie Mae provides credit enhancement of a Credit Enhancement Mortgage Loan, Bonds issued to finance a Credit Enhancement Mortgage Loan, or an Interest Rate Hedge Agreement; and if applicable, a Bond…
Synonyms: Credit Enhancement Instruments
Synonyms: Credit Enhancement Instruments
Glossary > C
Mortgage Loan financed by a Bond issuance where Fannie Mae provides credit enhancement by a Credit Enhancement Instrument, or an MBS for…
Synonyms: Credit Enhancement Mortgage Loans
Synonyms: Credit Enhancement Mortgage Loans
Glossary > W
The risk rating classification if you or Fannie Mae determine the Mortgage Loan has heightened credit risk.…
Glossary > Y
Last day on which a Borrower owes yield maintenance for a voluntary Mortgage Loan prepayment.…
Synonyms: Yield Maintenance Period End Dates
Synonyms: Yield Maintenance Period End Dates
Glossary > M
Team responsible for taking custody of and certifying Mortgage Loans that can be contacted at [email protected], (800) 940-4646, or for submissions: Fannie Mae (Multifamily) Certification and Custody 21240 Ridgetop Circle Suite 125-130…
Synonyms: DDF, Document Delivery Facility, Document Delivery System
Synonyms: DDF, Document Delivery Facility, Document Delivery System
Glossary > C
Independent third-party audit report itemizing the Property's construction and development costs, including a statement of eligible and qualified basis, submitted to the state housing finance agency to obtain IRS Form…
Glossary > D
Business-to-business electronic documentation delivery application, or any successor system.…
Glossary > N
Property recently developed/constructed with any certificates of occupancy received within 12 months before the Commitment Date.…
Glossary > P
Multifamily buildings on multiple Properties, owned by the same Borrower, and that comply with Part II, Chapter 1: Attributes and Characteristics, Section 102.01: Single Borrower Ownership…
Synonyms: Projects
Synonyms: Projects