FM SFLP.Current Actual UPB

Definition

Current Actual UPB: The current actual outstanding unpaid principal balance of a mortgage loan, reflective of payments actually received from the related borrower.

Notes

For a mortgage loan that has been modified, the current actual UPB will be updated to reflect the modified terms, including principal forgiveness, if applicable. The current actual UPB will be reduced to zero in the month in which the loan is removed from the Reference Pool, as applicable.

Due to borrower privacy considerations, this value will be masked for the first six months of the life of the loan..

The field belongs to the FM SFLP Template

Field Characteristics

• FM SFLP Field Index: 12
• Column Label: CURRENT_UPB
• 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