Difference between revisions of "FM SFLP.Asset Recovery Costs"
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Wiki admin (talk | contribs) (Created page with " == Definition == <b>Asset Recovery Costs</b>.: Expenses associated with removing occupants and personal property from an occupied property post foreclosure. Such expenses inc...") |
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== Definition == | == Definition == | ||
| − | <b>Asset Recovery Costs</b> | + | <b>Asset Recovery Costs</b>: Expenses associated with removing occupants and personal property from an occupied property post foreclosure. Such expenses include relocation assistance, deed-in-lieu fee, and fees and costs associated with eviction actions. |
== Notes == | == Notes == | ||
| Line 10: | Line 10: | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 56 | * FM SFLP Field Index: 56 | ||
| + | * Column Label: ASSET_RECOVERY_COSTS | ||
* Data Type: NUMERIC | * Data Type: NUMERIC | ||
* Data Maximum Length: 9(10).99 | * Data Maximum Length: 9(10).99 | ||
Revision as of 15:15, 17 January 2023
Definition
Asset Recovery Costs: Expenses associated with removing occupants and personal property from an occupied property post foreclosure. Such expenses include relocation assistance, deed-in-lieu fee, and fees and costs associated with eviction actions.
Notes
This field will be populated after the disclosed disposition date of the mortgage loan or the subject property, as applicable, based on individual CRT deal claims and reporting timelines..
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 56
- Column Label: ASSET_RECOVERY_COSTS
- 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
