Board of Governors of the Federal Reserve System

Data Dictionary

Item Number 6001

Call confidentiality applies to FFIEC 031/041.

Data Description:

Includes the principle balance of whole loans and participating interests in loans serviced by the reporting entities, but owned by others.

Also includes loans of the types reportable in item 0446 whether or not originated by the reporting entities; loans owned by others that are the collateral for mortgage-backed securities and are serviced by the reporting entities; and mortgage loans serviced by the reporting entities under a contract to a third party who owns the servicing rights.

Excludes mortgage loans to which the reporting entities own the servicing rights but for which servicing has been subcontracted to a third party.

NOTE:

Beginning 12/31/2000, definition revised and now includes:

1. Loans that the reporting savings association or its consolidated subsidiaries sold to others but for which it performs the servicing.

2. Loans serviced by the reporting savings association or its consolidated subsidiaries for others, where the loans have been securitized, whether or not the savings association or its consolidated subsidiaries own the securities, and whether or not any servicing assets have been reported.

3. Loans serviced by the reporting savings association or its consolidated subsidiaries for others, where the loans have been transferred to others, but not reported as a sale.

4. Loans serviced by the reporting savings association or its consolidated subsidiaries under a contract to a third party who owns the servicing rights.

Excludes:

1. Loans to which the reporting savings association or its consolidated subsidiaries own the servicing rights but for which servicin has been subcontracted to a third party.

2. Loans serviced for the reporting savings association by a consolidated subsidiary or a subsidiary depository institution.