FM SFLP.Unscheduled Principal Current: Difference between revisions

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Latest revision as of 14:08, 17 May 2024

Definition

Unscheduled Principal Current: The principal amount received in excess of the scheduled principal payment collected from the borrower by the servicer and reported to Fannie Mae for the corresponding reporting period.

Notes

  • The unscheduled principal amount may be affected by corrections of previously made errors related to principal payments..
  • The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 50
  • Column Label: UNSCHD_PRNCPL_CURR
  • Data Type: NUMERIC
  • Data Maximum Length: 9(10).99
  • Temporal Classification: Performance
  • Data Category: Loan

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

{{#set:Field Type=NUMERIC}}

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