D
Multifamily Asset Management Delegated Transaction Form ( Form 4636 series ) used to determine whether certain asset management requests from a Borrower BorrowerPerson who is the obligor per the Note. are delegated to the Servicer ServicerPrimary Person servicing the Mortgage Loan, including the originator, seller, or a third party. .
Your required advances for scheduled monthly 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. Test Notes-SV Test Again Sub-bullet test1 Sub-bullet test2 principal and/or interest per
- your Lender Contract Lender ContractProgram Documents per the Multifamily Selling and Servicing Agreement. , or
- the Guide GuideMultifamily Selling and Servicing Guide controlling all Lender and Servicer requirements unless a Lender Contract specifies otherwise. .
UPB UPBUnpaid Principal Balance of a 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. Test Notes-SV Test Again Sub-bullet test1 Sub-bullet test2 when it is purchased by Fannie Mae Fannie MaeThis Glossary term Is Created Using Automation in Lower Environments and is used for testing purposes only!! .
Submission of all correct, accurate, and certifiable documents, data, and information with all applicable documents properly completed, executed, and recorded as needed, and any deficiencies resolved to Fannie Mae Fannie MaeThis Glossary term Is Created Using Automation in Lower Environments and is used for testing purposes only!! ’s satisfaction.
The applicable Security Instrument ( Form 6025 series ), as modified by the Modifications to Security Instrument (Unfunded Forwards) ( Form 6321 ).
Multifamily Delinquency Early Warning System used for reporting the monthly status of Non-Performing Mortgage Loans Non-Performing Mortgage LoansMortgage Loan with an uncured default. .
Credit enhancement under which Fannie Mae Fannie MaeThis Glossary term Is Created Using Automation in Lower Environments and is used for testing purposes only!! makes principal and interest payments directly to the Bond Trustee Bond TrusteeTrustee for a Credit Enhancement Instrument. (for payment to bondholders) regardless of whether the Borrower BorrowerPerson who is the obligor per the Note. has reimbursed Fannie Mae Fannie MaeThis Glossary term Is Created Using Automation in Lower Environments and is used for testing purposes only!! for such payments.
Documents for an Investor InvestorMBS Investor for an MBS Mortgage Loan, or Fannie Mae for a Cash Mortgage Loan. for a particular Securitized Mortgage Loan Securitized Mortgage LoanMortgage Loan backing an MBS, PFP MBS, or REMIC. , which may include the MBS Trust Agreement, Prospectus, and any related documents.
Business-to-business electronic documentation delivery application, or any successor system.
Unit currently not rentable in the normal course of business due to requiring more than routine maintenance and repairs.