Data Dictionary
Item Number A522
FIRST LIEN 1-TO-4 FAMILY RESIDENTIAL MORTGAGE LOANS: AMOUNT OF RECOURSE EXPOSURE ON THESE MORTGAGES AS OF THE REPORT DATECall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| BAGRA522 | 1997-03-31 | 2001-12-31 | No | |
| BHCKA522 | 1997-03-31 | 2001-03-31 | No | FR Y-9C |
| RCFDA522 | 1997-03-31 | 2001-03-31 | No | FFIEC 031 |
| RCONA522 | 1997-03-31 | 2001-03-31 | No | Multiple Forms |
| UBPRA522 | 1997-03-31 | 9999-12-31 | No |
Data Description:
The amount of recourse exposure reported in this item is the maximum contractual exposure remaining as of the report date under the recourse or other risk retention provision under which the assets have been transferred (or swapped), not a reasonable estimate of the probable loss under this provision and not the fair value of the liability incurred under this provision. Further, the remaining maximum contractual exposure should not be reduced by the amount of any associated recourse liability account. The amount of recourse exposure reported should not include interest payments the bank has advanced on delinquent loans. For assets transferred (or swapped) with full (unlimited) recourse or risk retention, the amount of recourse exposure reported is the outstanding principal balance of the assets as of the report date. For assets transferred (or swapped) with limited recourse or risk retention, the amount of recourse exposure reported is the maximum amount of principal the transferring bank would be obligated to pay the holder of the assets in the event the entire outstanding principal balance of the assets transferred (or swapped) becomes uncollectible.
Includes the amount of recourse exposure or other form of risk retention associated with the mortgages whose outstanding principal balance was reported in item 9.a.(1) (item A522) above.
NOTE:
Reported on Schedule RC-S Memoranda for the FFIEC 031 and 041 reports.
Prior 3/31/01, reported on Schedule RC-L Off-Balance Sheet Items for the FFIEC 031, 032, 033 and 034 reports.
Reported on Schedule HC-S Memoranda for the FR Y-9C (BHCK) report.
Prior to 3/31/01, reported on Schedule HC-F for the FR Y-9C report.
For the UBPR series, the FDIC's Data Element name is H-FAMMTGREC
This variable is used by the FDIC and OCC in the process to generate the UBPR in the Central Data Repository (CDR). The Board does NOT store this MDRM within the UBPR series tables in the Board's Financial Data Repository (FDR).
BAGR Original Variable name: LIENREC Formula:
LIENREC=IF DT gt 20011231 THEN LIENREC = .; IF DT ge 19970331 and DT le 20011231 THEN LIENREC = RCFDA522/1000;