203.06

Mortgage Loan Activity Record

The Loan Activity Record is used to provide 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 -level detail of amounts due to Fannie Mae Fannie MaeThis Glossary term Is Created Using Automation in Lower Environments and is used for testing purposes only!! or the Investor InvestorMBS Investor for an MBS Mortgage Loan, or Fannie Mae for a Cash Mortgage Loan. for 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. Test Notes-SV Test Again Sub-bullet test1 Sub-bullet test2 on the Servicer's Servicer'sPrimary Person servicing the Mortgage Loan, including the originator, seller, or a third party. trial balance.

203.06A

Payment Collection

Payment collection relates to the receipt and application of the monthly payment.  The information that must be reported includes:

  • actual last paid installment ("LPI LPIDue date of the last payment received. ") date;
  • actual UPB UPBUnpaid Principal Balance ; and
  • remittance amount (distributed between P&I P&IPrincipal and interest ).

Under the Same Month Pooling Same Month PoolingDelivery option permitting Mortgage Loans to be pooled and secure an MBS issued in the same month as the Mortgage Loan Origination Date. option, the Servicer ServicerPrimary Person servicing the Mortgage Loan, including the originator, seller, or a third party. must not report a principal distribution amount for the first reporting cycle following the Issue Date Issue DateFirst day of the month a Security is issued.  of the Security Pool because no payment will have come due from the Borrower BorrowerPerson who is the obligor per the Note. .  For the first reporting cycle, the actual UPB UPBUnpaid Principal Balance of the 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 will equal the Issue Date Issue DateFirst day of the month a Security is issued.  principal balance, as no principal payment will be subtracted from the Security Balance Security BalanceFor an MBS Pool, the Issue Date Principal Balance minus any MBS principal distribution amounts included in previous MBS monthly remittances. or passed through to the Investor InvestorMBS Investor for an MBS Mortgage Loan, or Fannie Mae for a Cash Mortgage Loan. .

203.06B

Fee Collection

Fee collection relates to any special fees that were collected from the Borrower BorrowerPerson who is the obligor per the Note. during the Reporting Period.

203.06C

Mortgage Loan Status

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 status relates to special actions that have occurred (e.g., a payoff or a repurchase).  An action code and an action date (specifying when the reported action occurred or will occur) must be reported.  The User Manual for the eServicing System provides detailed information regarding action codes and action dates.