CRT-Eligible Profile Summary

Comparison of Typical CIRT Bulk Deals and Front-End Deals Bulk Deal Loan Acquisitions Period Fill-up Period 2-12 months prior to inclusion in pool N/A Covered Loans 15-30 YR FRM Front-End Deal Future acquisition months (can also include loans acquired within the last 12 months) 12-15 months 30 YR FRM Limit of Liability Determination Limit of Liability Step Down Monthly Premium Loan Profile Restrictions Reinsurer Collateral At the time of policy execution May begin 12 months following effective date and monthly thereafter Based on competitive bids; locked in at time of execution Follows standard eligibility; covered loans are disclosed prior to pricing Collateral amount due at time of execution Limit % determined at the time of policy execution; limit $ determined at the end of the fill-up period May begin 18 months following effective date and monthly thereafter Based on competitive bids for a sample pool of loans, with pricing true-up at end of fill-up period Follows standard eligibility; pricing based upon an indicative reference pool; may include restrictions on final risk attributes of the pool Collateral posted as covered loan pool is delivered 33 © 2024 Fannie Mae

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