FM SFLP.Other Foreclosure Proceeds

From Open Risk Manual

Definition

Other Foreclosure Proceeds: Amounts, other than sale proceeds, received by Fannie Mae following Foreclosure of a property, including redemption proceeds received from the mortgagor.

Notes

  • This field will be populated after the disclosed disposition date of the Mortgage Loan or the subject property, as applicable, based on individual CRT deal claims and reporting timelines.
  • The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 62
  • Column Label: OTHER_FRCL_PROCEEDS
  • Data Type: NUMERIC
  • Data Maximum Length: 9(10).99
  • Temporal Classification: Performance
  • Data Category: Enforcement

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