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Execution VersionCOLLATERAL ADMINISTRATION AGREEMENT by and among
CONNECTICUT AVENUE SECURITIES TRUST 2019R06,
as Issuer, FEDERAL NATIONAL MORTGAGE ASSOCIATION,
indwells FARGO BANK, N.A.,
as Indenture
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What is fannie mae connecticut avenue?
Fannie Mae Connecticut Avenue is a credit risk-sharing program that allows Fannie Mae to transfer a portion of the credit risk on certain single-family mortgage loans to private investors.
Who is required to file fannie mae connecticut avenue?
Lenders who sell mortgage loans to Fannie Mae are required to file Fannie Mae Connecticut Avenue transactions.
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To fill out Fannie Mae Connecticut Avenue, lenders must provide information on the mortgage loans being transferred, including borrower information, property details, and loan terms.
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The purpose of Fannie Mae Connecticut Avenue is to reduce taxpayer risk by transferring a portion of the credit risk on mortgage loans to private investors.
What information must be reported on fannie mae connecticut avenue?
Lenders must report detailed information on the mortgage loans being transferred, including borrower credit scores, loan-to-value ratios, and other loan features.
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