FM SFLP.Loan Holdback Indicator
Definition
Loan Holdback Indicator.: An indicator that denotes if a loan has been moved temporarily into a ‘hold’ status to allow Fannie Mae to further evaluate unique situations that may otherwise result in a credit event or loan removal. Such situations may include loans with reported data anomalies, loans currently in forbearance due to a natural disaster or loans refinanced under the High LTV program that will continue to be included in the reference pool.
Notes
Y = Yes (current) N = No (previously in loan hold but no longer in loan hold status) Null = Has not been classified under loan hold status. .
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 83
- Data Type: Choice
- Data Maximum Length: X(1)
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates