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Fannie Mae Multifamily Loan Performance Data Attribute Glossary and File Layout
Position
1Attribute Name
Loan NumberDefinition
A unique number assigned to each
mortgage loan by Fannie Mae.
The date
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How to fill out multifamily loan performance data
How to fill out multifamily loan performance data
01
Gather all necessary documents and information related to the multifamily loan performance.
02
Start by filling out the loan details such as the loan number, borrower's name, and property address.
03
Provide information about the loan type, including whether it's a fixed-rate or adjustable-rate loan.
04
Fill in the loan origination and maturity dates.
05
Specify the loan balance and interest rate.
06
Enter the monthly principal and interest payments.
07
Include any additional payments made towards the loan, such as escrow payments or late fees.
08
Record any changes in the loan terms or modifications, if applicable.
09
Fill out the property details, including the number of units, occupancy rate, and rental income.
10
Provide the expenses associated with the property, such as property taxes, insurance, utilities, and maintenance costs.
11
Include any reserves or funds set aside for future repairs or improvements.
12
Finally, review the filled-out multifamily loan performance data for accuracy and completeness before submitting it.
Who needs multifamily loan performance data?
01
Lenders and financial institutions who have provided multifamily loans.
02
Real estate investors and property management companies.
03
Government agencies and regulatory bodies monitoring the multifamily housing market.
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What is multifamily loan performance data?
Multifamily loan performance data refers to data that tracks the performance of loans related to multifamily properties, such as rental income, vacancy rates, and loan repayment history.
Who is required to file multifamily loan performance data?
Lenders and servicers of multifamily loans are typically required to file multifamily loan performance data.
How to fill out multifamily loan performance data?
Multifamily loan performance data can usually be filled out electronically through a reporting system provided by the relevant regulatory agency.
What is the purpose of multifamily loan performance data?
The purpose of multifamily loan performance data is to monitor the health and stability of the multifamily real estate market by tracking loan repayment and property performance metrics.
What information must be reported on multifamily loan performance data?
Information such as loan balance, payment status, property occupancy rates, and rental income may need to be reported on multifamily loan performance data.
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