FM SFLP.Foreclosure Principal Write-off Amount

From Open Risk Manual

Definition

Foreclosure Principal Write-off Amount: Amounts that Fannie Mae or its loan servicers have determined to be uncollectable under applicable state laws, due to foreclosure statute of limitations.

Notes

The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 80
  • Column Label: FORECLOSURE_PRINCIPAL_WRITE_OFF_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