Data Dictionary
Item Number F232
TOTAL AMOUNT OF NEGATIVE AMORTIZATION ON CLOSED-END LOANS SECURED BY 1-4 FAMILY RESIDENTIAL PROPERTIES INCLUDED IN THE CARRYING AMOUNT REPORTED IN MEMORANDUM ITEM 8.A ABOVECall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| BHCKF232 | 2007-03-31 | 9999-12-31 | No | FR Y-9C |
| BHCSF232 | 2007-03-31 | 9999-12-31 | No | FR Y-11/FR Y-11S |
| RCONF232 | 2007-03-31 | 9999-12-31 | No | Multiple Forms |
| SUBCF232 | 2007-03-31 | 9999-12-31 | No | FR 2314/FR-2314S |
Data Description:
To be completed by banks that had closed-end loans with negative amortization features secured by 1-4 family residential properties (included in Schedule RC-C, part I, items 1.c.(2)(a) and (b)) as of the previous December 31 report date, with a carrying amount (before any loan loss allowances) that exceeds the lesser of $100 million or 5 percent of total loans and leases, net of unearned income, in domestic offices (as reported in Schedule RC-C, part I, item 12, column B), as of the previous December 31 report date. For all closed-end loans secured by 1-4 family residential properties whose terms allow for negative amortization, report the total amount of negative amortization included in the carrying amount (i.e., the total amount of interest added to the original loan principal balance that has not yet been repaid) reported in Schedule RC-C, part I, Memorandum item 8.a above. Once a loan reaches its maximum principal balance, the amount of negative amortization included in the carrying amount should continue to be reported until the principal balance of the loan has been reduced through cash payments below the original principal balance of the loan. Note: On Schedule RC-C Added to Y9C, Y11 and 2314 on 20070331