FM SFLP.Unscheduled Principal Current
From Open Risk Manual
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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