Difference between revisions of "FM SFLP.Miscellaneous Holding Expenses and Credits"

From Open Risk Manual
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== Definition ==
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<b>Miscellaneous Holding Expenses and Credits</b>: Expenses and credits associated with preserving the property, including:
  
== Definition ==
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* Homeowners Association and other dues
<b>Miscellaneous Holding Expenses and Credits</b>: Expenses and credits associated with preserving the property, including Homeowners Association and other dues; flood, hazard, and MI premiums and refunds; rental income; and title insurance costs.
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* Flood, hazard, and Mortgage Insurance premiums and refunds
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* Rental income, and
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* Title insurance costs
  
 
== Notes ==
 
== Notes ==
This field will be populated after the disclosed disposition date of the mortgage loan or the subject property, as applicable, based on individual CRT deal claims and reporting timelines..
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* This field will be populated after the disclosed disposition date of the mortgage loan or the subject property, as applicable, based on individual CRT deal claims and reporting timelines..
 
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* The field belongs to the [[FM SFLP Template]]
The field belongs to the [[FM SFLP Template]]
 
  
 
== Field Characteristics ==
 
== Field Characteristics ==
 
* FM SFLP Field Index: 57
 
* FM SFLP Field Index: 57
* Column Label: MISCELLANEOUS_HOLDING_EXPENSES_AND_CREDITS
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* Column Label: HOLDING_EXPENSES
 
* Data Type: NUMERIC
 
* Data Type: NUMERIC
 
* Data Maximum Length: 9(10).99
 
* Data Maximum Length: 9(10).99

Revision as of 18:33, 16 May 2024

Definition

Miscellaneous Holding Expenses and Credits: Expenses and credits associated with preserving the property, including:

  • Homeowners Association and other dues
  • Flood, hazard, and Mortgage Insurance premiums and refunds
  • Rental income, and
  • Title insurance costs

Notes

  • This field will be populated after the disclosed disposition date of the mortgage loan or the subject property, as applicable, based on individual CRT deal claims and reporting timelines..
  • The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 57
  • Column Label: HOLDING_EXPENSES
  • 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