FM SFLP.Cumulative Modification Loss Amount

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
• Temporal Classification: Performance
• Data Category: Forbearance

Implementation

• openNPL repository

Learn More

• Mortgage Modeling Courses

Discuss

• Commons Mortgage Modeling Discussions
• Commons openNPL Discussions

Disclaimer

This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates

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