Difference between revisions of "FM SFLP.Foreclosure Date"

From Open Risk Manual
 
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== Definition ==
 
== Definition ==
<b>Foreclosure Date</b>: The date on which the completion of the legal action of foreclosure occurred.
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<b>Foreclosure Date</b>: The date on which the completion of the legal action of [[Foreclosure]] occurred.
  
 
== Notes ==
 
== Notes ==
Servicers may also refer to this as the liquidation or sale date, not to be confused with the REO sale date.  .
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Servicers may also refer to this as the liquidation or sale date, not to be confused with the REO sale date.   
  
 
The field belongs to the [[FM SFLP Template]]
 
The field belongs to the [[FM SFLP Template]]

Latest revision as of 13:42, 13 March 2023

Definition

Foreclosure Date: The date on which the completion of the legal action of Foreclosure occurred.

Notes

Servicers may also refer to this as the liquidation or sale date, not to be confused with the REO sale date.

The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 52
  • Column Label: FORECLOSURE_DATE
  • Data Type: DATE
  • Data Maximum Length: MMYYYY

Disclaimer

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