Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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Data Dictionary

Item Number 1456

ADVANCES FOR BORROWERS TAXES AND INSURANCE

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
SVGL1456	1979-12-31	1989-12-31	Yes	Multiple Forms

Data Description:

Amount of funds advanced to borrowers by the association for taxes and insurance premiums. Includes advances which are charged to the mortgage loan account and on which the borrower is automatically charged interest. Also includes advances which involves payment of the taxes and insurance premiums for the borrower and which are collected from the borrower on a monthly basis. May also include advances for such taxes, insurance, etc., on second mortgages.

Last update: May 16, 2024