FM SFLP.Cumulative Modification Loss Amount
From Open Risk Manual
Definition
Cumulative Modification Loss Amount: The cumulative loss amount calculated for a mortgage loan resulting from a modification event.
Notes
Determination of a modification event is, if applicable, defined in each of the individual CRT offering documents. If the cumulative modification loss amount is not applicable, the value will be zero..
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 76
- Column Label: CUMULATIVE_MODIFICATION_LOSS_AMOUNT
- 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
