View 5d: Current Page/Current Detail (Part Four)

Mortgage Backed Security (MBS) Loan Information [ID 391] (conditionally required for MBS loans)
  • REO Marketing Party

    Select the party responsible for marketing the property in case of default. Options include:

    • Investor

    • Lender

  • Party Bearing the Default Loss [ID 389]

    Select the party that bears the default loss for the loan. Options include:

    • Investor

    • Lender

    • Shared

  • Issue Date UPB [ID 385]

    Enter the scheduled unpaid principal balance of the mortgage as of loan acquisition or the issue date of the associated security. The Issue Date Principal Balance is the scheduled balance for an MBS loan as of the issue date for the pool. If the payment is due on the first of the month, indicate the balance after application of the principal portion of the payment due in the issue month (otherwise, indicate the balance after application of the principal portion of the payment due in the month preceding the issue date).