Difference between revisions of "FM SFLP.Other Foreclosure Proceeds"
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== Definition == | == Definition == | ||
| − | <b>Other Foreclosure Proceeds</b>: Amounts, other than sale proceeds, received by Fannie Mae following | + | <b>Other Foreclosure Proceeds</b>: Amounts, other than sale proceeds, received by Fannie Mae following [[Foreclosure]] of a property, including redemption proceeds received from the mortgagor. |
== Notes == | == Notes == | ||
| − | This field will be populated after the disclosed disposition date of the | + | * 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]] | |
| − | The field belongs to the [[FM SFLP Template]] | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 62 | * FM SFLP Field Index: 62 | ||
| − | * Column Label: | + | * Column Label: OTHER_FRCL_PROCEEDS |
* Data Type: NUMERIC | * Data Type: NUMERIC | ||
* Data Maximum Length: 9(10).99 | * Data Maximum Length: 9(10).99 | ||
Revision as of 18:42, 16 May 2024
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
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates
