Board of Governors of the Federal Reserve System

Data Dictionary

Item Number A016

Call confidentiality applies to FFIEC 031/041.

Data Description:

Includes the principal balance outstanding and the amount of recourse exposure of all financial assets that have been transferred with recourse in transactions reported as sales in accordance with generally accepted accounting principles. Reported is the outstanding principal balance as of the report date for residential mortgage loans that have been pooled and that (1) have been transferred with recourse in transactions reported as sales in accordance with generally accepted accounting principles or (2) have been swapped with recourse with FNMA or FHLMC in exchange for participation certificates that the nonbank subsidiary has either sold or carry as assets in items 1754, 1773, (Balance Sheet item 2 on the report form for the FR Y-11Q) and A036 (Balance Sheet item 2 on the report form for the FR Y-11I) or item 3545 (Balance Sheet item 5 on the report form). Also reported is the principal balance outstanding, as of the report date, of any sales of assets and loans (other than mortgages) that were sold with recourse but were reported as "sales" of assets on the nonbank subsidiary's balance sheet in accordance with generally accepted accounting principles and the guidelines above. COMPARABILITY: Beginning 12/31/02, reported on Schedule BS-M for the FR Y-11 (BHCS) report. Prior to 12/31/02, reported on the Balance Sheet for the FR Y-11I (BHCC) report. NOTE: Reported on the Balance Sheet for the FR Y-11Q (BHCS) report.