Difference between revisions of "FM SFLP.Delinquent Accrued Interest"
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== Definition == | == Definition == | ||
− | <b>Delinquent Accrued Interest</b> | + | <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. 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 | + | 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]] | The field belongs to the [[FM SFLP Template]] | ||
Line 10: | Line 12: | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 85 | * FM SFLP Field Index: 85 | ||
+ | * Column Label: DELINQUENT_ACCRUED_INTEREST | ||
* Data Type: NUMERIC | * Data Type: NUMERIC | ||
* Data Maximum Length: 9(10).99 | * Data Maximum Length: 9(10).99 |
Revision as of 18:18, 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
- Column Label: DELINQUENT_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