220.04

What to Report

Collateral CollateralProperty, Personal Property, or other property securing a Mortgage Loan. that must be reported using the Collateral Submission Report ( Form 4813 ) includes:

  • Short Term
    • any Replacement Reserves Replacement ReservesCustodial Account the Borrower funds during the Mortgage Loan term for Replacements. or repair escrows;
    • insurance proceeds held pending repair or damage to the Property PropertyMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per the Uniform Commercial Code). ; or
    • condemnation proceeds received in a condemnation action related to the Property PropertyMultifamily residential real estate securing the Mortgage Loan, including the fee simple or Leasehold interest, Improvements, and personal property (per the Uniform Commercial Code). .
  • Long Term
    • any operating deficit or debt service reserve; or
    • NCF NCFAt underwriting or for any specified period, the amount calculated per Part II, Chapter 2: Valuation and Income, Section 203: Income Analysis and the applicable products and features in Part III. sweeps – to the extent NCF NCFAt underwriting or for any specified period, the amount calculated per Part II, Chapter 2: Valuation and Income, Section 203: Income Analysis and the applicable products and features in Part III. exceeds monthly P&I P&IPrincipal and interest remitted to Fannie Mae Fannie MaeThis Glossary term Is Created Using Automation in Lower Environments and is used for testing purposes only!! in the ordinary course.
  • Balances in any T&I Custodial Account T&I Custodial AccountCustodial Account for the deposit of T&I and other impound escrow funds. .
  • Other
    • any other escrow, collateral or achievement funds governed by an agreement with the Borrower BorrowerPerson who is the obligor per the Note. ;
    • any holdback of 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 proceeds; or
    • any tenant security deposits held by the Servicer ServicerPrimary Person servicing the Mortgage Loan, including the originator, seller, or a third party. .