Difference between revisions of "FM SFLP.Delinquent Accrued Interest"
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== Definition == | == Definition == | ||
− | <b>Delinquent Accrued Interest</b>: The lost | + | <b>Delinquent Accrued Interest</b>: The lost [[Accrued Interest]] amount calculated for a [[Mortgage Loan]] that becomes subject to a [[Credit Event]] for the corresponding reporting period. |
== Notes == | == Notes == | ||
− | Determination of delinquent accrued interest is defined in each of the individual CRT offering documents. | + | * Determination of delinquent accrued interest is defined in each of the individual CRT offering documents. |
− | + | * 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: 85 | * FM SFLP Field Index: 85 | ||
− | * Column Label: | + | * Column Label: ACCRUED_INTEREST |
* Data Type: NUMERIC | * Data Type: NUMERIC | ||
* Data Maximum Length: 9(10).99 | * Data Maximum Length: 9(10).99 |
Revision as of 18:59, 16 May 2024
Definition
Delinquent Accrued Interest: The lost Accrued Interest amount calculated for a Mortgage Loan that becomes subject to a Credit Event for the corresponding reporting period.
Notes
- Determination of delinquent accrued interest is defined in each of the individual CRT offering documents.
- 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: 85
- Column Label: ACCRUED_INTEREST
- 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