Difference between revisions of "FM SFLP.Cumulative Credit Event Net Gain or Loss"
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== Definition == | == Definition == | ||
| − | <b>Cumulative Credit Event Net Gain or Loss</b>: The cumulative net realized gain or loss amounts for a mortgage loan resulting from a | + | <b>Cumulative Credit Event Net Gain or Loss</b>: The cumulative net realized gain or loss amounts for a mortgage loan resulting from a [[Credit Event]]. |
== Notes == | == Notes == | ||
| − | Determination of a credit event is defined in each of the individual CRT offering documents. A positive value indicates a net realized loss, and a negative value indicates a net realized gain. If the cumulative credit event net gain or loss is not applicable, the value will be blank. | + | * Determination of a credit event is defined in each of the individual CRT offering documents. A positive value indicates a net realized loss, and a negative value indicates a net realized gain. If the cumulative credit event net gain or loss is not applicable, the value will be blank. |
| − | + | * This field will be populated based on the individual deal claims and reporting timeline after the disclosed Disposition Date of the mortgage loan or the subject property. | |
| − | This field will be populated based on the individual deal claims and reporting timeline after the disclosed Disposition Date of the mortgage loan or the subject property. | + | * The field belongs to the [[FM SFLP Template]] |
| − | |||
| − | The field belongs to the [[FM SFLP Template]] | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 78 | * FM SFLP Field Index: 78 | ||
| − | * Column Label: | + | * Column Label: CUM_EVENT_LOSS |
* Data Type: NUMERIC | * Data Type: NUMERIC | ||
* Data Maximum Length: 9(10).99 | * Data Maximum Length: 9(10).99 | ||
Revision as of 18:51, 16 May 2024
Definition
Cumulative Credit Event Net Gain or Loss: The cumulative net realized gain or loss amounts for a mortgage loan resulting from a Credit Event.
Notes
- Determination of a credit event is defined in each of the individual CRT offering documents. A positive value indicates a net realized loss, and a negative value indicates a net realized gain. If the cumulative credit event net gain or loss is not applicable, the value will be blank.
- This field will be populated based on the individual deal claims and reporting timeline after the disclosed Disposition Date of the mortgage loan or the subject property.
- The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 78
- Column Label: CUM_EVENT_LOSS
- 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
