Data Dictionary
Item Number 4203
MORTGAGE LOANSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SVGL4203 | 1984-03-31 | 2011-12-31 | Yes | Multiple Forms |
Data Description:
Report income on mortgage loans, including amortization of yield adjustments, reported in items 0131, 0109, 0133, 2689, 5367, 5368, 0113, 0136, and 1534. If the reporting thrift institution has bought or sold a participating interest in mortgage loans, report only the interest applicable to the portion of the loans owned. If mortgage loans or participating interests in mortgage loans have been purchased on a net-yield basis, report the net interest earned.
If the reporting thrift assumes a liability to a third party in connection with a wrap-around mortgage loan where the assumed liability is reported in item 0471, report the gross interest income and charge the interest incurred on the assumed liability to expense in item 0482.
Excludes amortization of yield adjustments on mortgage loans; reported in item 2731; amortization of deferred gains and deferred losses on futures and options positions hedging mortgage loans; reported in item 4283; interest accruals if collection was not probable at the time of accrual; loans on which the collection of interest is not probable must be placed in a nonaccrual status; or adjustments to a valuation allowance for interest accrued in prior periods; reported in item 0484.
COMPARABILITY:
Prior to 3/31/04, item name was "Interest on Mortgage Loans and Contracts" and included contractual interest earned on mortgage loans reported in items 0131, 0109, 0133, 2687, 2689, 0113, 0136, and 1534.
NOTE:
Beginning 9/30/1999, also excludes adjustments, other than normal amortization, to discounts and premiums; reported in item 0489 or A301.