Difference between revisions of "FM SFLP.Cumulative Modification Loss Amount"
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== Definition == | == Definition == | ||
<b>Cumulative Modification Loss Amount</b>: The cumulative loss amount calculated for a mortgage loan resulting from a modification event. | <b>Cumulative Modification Loss Amount</b>: The cumulative loss amount calculated for a mortgage loan resulting from a modification event. | ||
== Notes == | == Notes == | ||
| − | Determination of a modification event is, if applicable, defined in each of the individual CRT offering documents. If the cumulative modification loss amount is not applicable, the value will be zero. | + | * Determination of a modification event is, if applicable, defined in each of the individual CRT offering documents. If the cumulative modification loss amount is not applicable, the value will be zero. |
| − | + | * The field belongs to the [[FM SFLP Template]] | |
| − | The field belongs to the [[FM SFLP Template]] | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 76 | * FM SFLP Field Index: 76 | ||
| − | * Column Label: | + | * Column Label: CUM_MOD_LOSS |
* Data Type: NUMERIC | * Data Type: NUMERIC | ||
* Data Maximum Length: 9(10).99 | * Data Maximum Length: 9(10).99 | ||
Revision as of 18:49, 16 May 2024
Definition
Cumulative Modification Loss Amount: The cumulative loss amount calculated for a mortgage loan resulting from a modification event.
Notes
- Determination of a modification event is, if applicable, defined in each of the individual CRT offering documents. If the cumulative modification loss amount is not applicable, the value will be zero.
- The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 76
- Column Label: CUM_MOD_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
