FM SFLP.Delinquent Accrued Interest

Definition

Delinquent Accrued Interest: The lost Accrued Interest amount calculated for a Mortgage Loan that becomes subject to a Credit Event for the corresponding reporting period.

Notes

• Determination of delinquent accrued interest is defined in each of the individual CRT offering documents.
• This field will be populated based on the individual deal claims and reporting timeline after the disclosed Disposition Date of the mortgage loan or the subject property.
• The field belongs to the FM SFLP Template

Field Characteristics

• FM SFLP Field Index: 85
• Column Label: ACCRUED_INTEREST
• Data Type: NUMERIC
• Data Maximum Length: 9(10).99
• Temporal Classification: Performance
• Data Category: Forbearance

Implementation

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Disclaimer

This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates