Difference between revisions of "FM SFLP.Foreclosure Principal Write-off Amount"

From Open Risk Manual
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== Definition ==
 
== Definition ==
<b>Foreclosure Principal Write-off Amount</b>: Amounts that Fannie Mae or its loan servicers have determined to be uncollectable under applicable state laws, due to foreclosure statute of limitations.
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<b>Foreclosure Principal Write-off Amount</b>: Amounts that Fannie Mae or its loan servicers have determined to be uncollectable under applicable state laws, due to [[Foreclosure]] statute of limitations.
  
 
== Notes ==
 
== Notes ==
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== Field Characteristics ==
 
== Field Characteristics ==
 
* FM SFLP Field Index: 80
 
* FM SFLP Field Index: 80
* Column Label: FORECLOSURE_PRINCIPAL_WRITE_OFF_AMOUNT
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* Column Label: WRITE_OFF_AMOUNT
 
* Data Type: NUMERIC
 
* Data Type: NUMERIC
 
* Data Maximum Length: 9(10).99
 
* Data Maximum Length: 9(10).99

Revision as of 18:53, 16 May 2024

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: 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