Data Dictionary
Item Number 5330
QUALIFYING MULTI-FAMILY RESIDENTIAL MORTGAGE LOANSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SVCC5330 | 1990-03-31 | 2011-12-31 | No | OTS 1313 |
Data Description:
Includes the carrying value (outstanding balance less specific valuation allowances) of permanent first mortgages on multi-family dwelling units plus accrued interest receivable that meet all of the following criteria: (1) the mortgage is secured by an existing property consisting of 5 to 36 dwelling units; (2) the initial loan-to-value ratio is not more than 80%; and (3) the property has an average annual occupancy rate of 80% or more of total units that has existed for at least one year.
Residential property is defined in OTS Regulation 567.1(z) as houses, condominiums, cooperative units, and manufactured homes. Manufactured homes are those subject to HUD regulations under Title VI of the U.S. Code.