L
Due date of the last payment received.
Written agreement between an owner and the tenant of a PropertyPropertyMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per the Uniform Commercial Code). stipulating the conditions for possession and use of real estate for a specified period of time and rent.
PropertyPropertyMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per the Uniform Commercial Code). held under a long-term lease or Ground LeaseGround LeaseContract for the rental of land, usually on a long term basis. .
PersonPersonLegal person, including an individual, estate, trust, corporation, partnership, limited liability company, financial institution, joint venture, association, or other organization or entity (whether governmental or private). Fannie Mae approved to sell or service Mortgage LoansMortgage 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. .
Other PersonPersonLegal person, including an individual, estate, trust, corporation, partnership, limited liability company, financial institution, joint venture, association, or other organization or entity (whether governmental or private). or entity that ControlsControlsPossessing, directly or indirectly, the power to direct or cause the management and operations of an entity (e.g., through the ownership of voting securities or other ownership interests, or by contract). , is ControlledControlledPossessing, directly or indirectly, the power to direct or cause the management and operations of an entity (e.g., through the ownership of voting securities or other ownership interests, or by contract). by, or is under common ControlControlPossessing, directly or indirectly, the power to direct or cause the management and operations of an entity (e.g., through the ownership of voting securities or other ownership interests, or by contract). with, the LenderLenderPerson Fannie Mae approved to sell or service Mortgage Loans. .
The LenderLenderPerson Fannie Mae approved to sell or service Mortgage Loans. :
- internal roles or job functions, including any employees that report up to the Chief Underwriter (but excluding any Lender Loan Origination FunctionsLender Loan Origination FunctionsAny:
Lender internal roles or job functions reporting up to the Chief Production Officer;
Lender employees who receive a commission or bonus if the Mortgage Loan closes, including any employees or functions that report up to these roles and/or their immediate supervisor;
Mortgage Loan…), involved with the following AppraisalAppraisalWritten statement independently and impartially prepared by a qualified Appraiser stating an opinion of the Property's market value
as of a specific date, and
supported by the presentation and analysis of relevant market information.
-related responsibilities:
- engaging the AppraiserAppraiserPerson engaged to estimate a Property’s market value per USPAP. ;
- defining the Appraisal’sAppraisal’sWritten statement independently and impartially prepared by a qualified Appraiser stating an opinion of the Property's market value as of a specific date, and supported by the presentation and analysis of relevant market information. scope of work;
- managing the AppraiserAppraiserPerson engaged to estimate a Property’s market value per USPAP. ; or
- reviewing the AppraisalAppraisalWritten statement independently and impartially prepared by a qualified Appraiser stating an opinion of the Property's market value as of a specific date, and supported by the presentation and analysis of relevant market information. ; and
- employees or Outside PartiesOutside PartiesPerson you retain to perform services for multifamily Mortgage Loans (e.g., Appraisers, inspectors, Correspondents, law firms, engineers, environmental consultants, and Brokers, title companies, or title agents). who perform or manage those job functions.
- internal roles or job functions, including any employees that report up to the Chief Underwriter (but excluding any Lender Loan Origination FunctionsLender Loan Origination FunctionsAny:
Lender internal roles or job functions reporting up to the Chief Production Officer;
Lender employees who receive a commission or bonus if the Mortgage Loan closes, including any employees or functions that report up to these roles and/or their immediate supervisor;
Mortgage Loan…), involved with the following AppraisalAppraisalWritten statement independently and impartially prepared by a qualified Appraiser stating an opinion of the Property's market value
as of a specific date, and
supported by the presentation and analysis of relevant market information.
-related responsibilities:
Team that can be contacted at [email protected].
Program Documents per the Multifamily Selling and Servicing AgreementMultifamily Selling and Servicing AgreementProgram Documents per the Multifamily Selling and Servicing Agreement. .
Any:
- LenderLenderPerson Fannie Mae approved to sell or service Mortgage Loans. internal roles or job functions reporting up to the Chief Production Officer;
- LenderLenderPerson Fannie Mae approved to sell or service Mortgage Loans. employees who receive a commission or bonus if 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. closes, including any employees or functions that report up to these roles and/or their immediate supervisor;
- Mortgage Loan BrokersMortgage Loan BrokersThird-party Person who arranges Mortgage Loan financing on the Borrower’s behalf, or Transfers/Assumptions on behalf of the new Borrower for an assumption, or transferee for a transfer. ; or
- Correspondents.
Team that can be contacted at [email protected].