FM SFLP.Repurchase Make Whole Proceeds Flag

From Open Risk Manual

Definition

Repurchase Make Whole Proceeds Flag: Indicates if Fannie Mae received proceeds under the terms of its representation and warranty arrangements for the repurchase of the mortgage loan.

Notes

Field Characteristics

  • FM SFLP Field Index: 105
  • Column Label: RE_PROCS_FLAG
  • Data Type: Boolean
  • Data Maximum Length: X(1)
  • 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