FM SFLP.Current Period Modification Loss Amount

Definition

Current Period Modification Loss Amount: The loss amount calculated for a mortgage loan resulting from a modification event for the corresponding reporting period.

Notes

Determination of a modification event is defined, if applicable, in each of the individual CRT offering documents. If the current period modification loss amount is not applicable, the value will be blank..

The field belongs to the FM SFLP Template

Field Characteristics

• FM SFLP Field Index: 75
• Column Label: CURR__MOD_LOSS
• Data Type: NUMERIC
• Data Maximum Length: 9(10).99
• Temporal Classification: Performance
• Data Category: Forbearance

Implementation

• openNPL repository

Learn More

• Mortgage Modeling Courses

Discuss

• Commons Mortgage Modeling Discussions
• Commons openNPL Discussions

Disclaimer

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

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