FM SFLP.Other Foreclosure Proceeds
From Open Risk Manual
Contents
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