Data Dictionary
Item Number 3654
FARMER MAC AGRICULTURAL MORTGAGE LOAN POOLS: OUTSTANDING PRINCIPAL BALANCE OF THE MORTGAGES TRANSFERRED AS OF THE REPORT DATECall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| RCFD3654 | 1989-03-31 | 1996-12-31 | No | FFIEC 031 |
| RCON3654 | 1989-03-31 | 1996-12-31 | No | Multiple Forms |
Data Description:
Includes the principal balance outstanding as of the report date of agricultural mortgage loans which the bank or a consolidated subsidiary has sold and either established a reserve consisting of U.S. Government securities or retained a subordinated participation interest in an amount equal to 10 percent of the principal amount of the mortgages so that such pooled mortgages may back securities guaranteed by the Federal Agricultural Mortgage Corporation (Farmer Mac). Transfers of such agricultural mortgages may be reported as sales for Call Report purposes to the same extent that the transactions are reported as sales under generally accepted accounting principles. If the bank has retained a subordinated participation interest, the outstanding principal balance to be reported in this item includes the balance of the subordinated participation interest.