Data Dictionary
Item Number 0940
BALANCE OF MORTGAGE LOANS FORECLOSED DURING THE QUARTER: RESIDENTIALCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SVGL0940 | 1984-03-31 | 1986-12-31 | Yes | FHLBB 1313 |
Data Description:
Includes the unpaid principal balance of all mortgages of the type reportable in items (1518), (1519), (1470), (1447), (1534), and (1543) that were foreclosed or on which a voluntary deed in lieu of foreclosure was acquired during the quarter. For foreclosures, report when judgment is obtained, do not include them a second time when a marketable title is obtained. Includes cancellations of real estate contracts or similar actions whereby your institution re-acquires as real estate owned any property previously sold on contract. Includes FHA/VA and other federally insured or guaranteed loans, regardless of whether title subsequently is transferred to the insuring agency. In the case of participations, the originator/servicer and each purchaser/owner should report only that portion of the loan balance actually held at the time of foreclosure.