Difference between revisions of "FM SFLP.Miscellaneous Holding Expenses and Credits"

From Open Risk Manual
 
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* Data Type: NUMERIC
 
* Data Type: NUMERIC
 
* Data Maximum Length: 9(10).99
 
* Data Maximum Length: 9(10).99
* Temporal Classification: Acquisition
+
* Temporal Classification: Performance
 
* Data Category: PropertyCollateral
 
* Data Category: PropertyCollateral
  

Latest revision as of 15:06, 17 May 2024

Definition

Miscellaneous Holding Expenses and Credits: Expenses and credits associated with preserving the property, including:

  • Homeowners Association and other dues
  • Flood, hazard, and Mortgage Insurance premiums and refunds
  • Rental income, and
  • Title insurance costs

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: 57
  • Column Label: HOLDING_EXPENSES
  • Data Type: NUMERIC
  • Data Maximum Length: 9(10).99
  • Temporal Classification: Performance
  • Data Category: PropertyCollateral

Implementation

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Disclaimer

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