Difference between revisions of "FM SFLP.Delinquent Accrued Interest"
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Revision as of 14:50, 17 January 2023
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
- 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
