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.