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Mar 19, 2014 ... CHATHAM Loan Modification above the Target Payment. ... runs the waterfall described in Attachment A. It does not consider other restrictions ...

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What is fha waterfall?

FHA waterfall is a process used to calculate the distribution of funds from a mortgage-backed security to investors.

Who is required to file fha waterfall?

FHA waterfall must be filed by the issuer or servicer of the mortgage-backed security.

How to fill out fha waterfall?

To fill out FHA waterfall, the issuer or servicer must input the relevant information regarding the mortgage-backed security and follow the specified calculations.

What is the purpose of fha waterfall?

The purpose of FHA waterfall is to ensure that investors receive their fair share of the funds generated from a mortgage-backed security.

What information must be reported on fha waterfall?

The information reported on FHA waterfall includes the total funds available, eligible expenses, and the distribution amounts to investors.

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