ACCRUED INTEREST

LNACIN

Accrued interest on loan

APPOINTMENT DATE

EVACDT

Date used with action code 210; only for event 23 and 24

APPOINTMENT TIME

EVTIME

Time used with action code 211; only for event 23 and 24

APPRAISAL AMOUNT

LNAPAM

Appraisal amount

APPRAISAL DATE

LNAPSR

Appraisal date

ARM 1ST RATE CHANGE DATE

LN1ROL

Date of 1st rate roll

ARM ACCRUAL RATE

LNAMRT

Accrual rate on loan

ARM ACCRUAL RATE LIFETIME MAX

LNAMHI

Maximum rate allowed on loan

ARM ACCRUAL RATE LIFETIME MIN

LNAMLO

Minimum rate allowed on loan

ARM ACCRUAL RATE MAX PTS DOWN

LNAMRD

Maximum points per period the rate can decrease

ARM ACCRUAL RATE MAX PTS UP

LNAMRU

Maximum points per period the rate can increase

ARM ACCRUAL RATE OFFSET

LNAMOF

Accrual rate offset

ARM MAX PRINCIPAL BALANCE

LNAMMX

Maximum principal balance that the loan is allowed to reach

ARM NEXT ACCR RATE CHANGE DATE

LNAMDT

Next rate change date

ARM P/I PAYMENT CHANGE DATE

LNPIEF

Next P/I change date

ASSET CLASSIFICATION

LNACLS

Asset classification

BALLOON DATE

Date used with action code 1

BANK ROUTING NUMBER

LNABNK

Bank routing/transit number

BANK SOURCE ACCOUNT NUMBER

LNANBR

Savings or checking that will be debited for loan payment

BRANCH ADDRESS LINE 1

OBADD1

Address line 1 where the office is located

BRANCH ADDRESS LINE 2

OBADD2

Address line 2 where the office is located

BRANCH CITY STATE ZIP

OBCITY, OBSTAB, OBZIPC, OBZIP4

City, state, ZIP, and ZIP+4 where the office is located

BRANCH MANAGER NAME

LOONAM

Adds the name of the Servicing Officer to the event letter

BRANCH NAME

OBFNAM

Name or description of office

BRANCH PHONE NUMBER

OBPHAC, PBPHPF, OBPHON

Phone number for the office formatted (xxx) xxx-xxxx

COLLATERAL DESCRIPTION

LNCLDS

Collateral description

CURRENT LTV

LNPBAL + LNBAL2 / LNSELL OR / LNAPAM

Current loan-to-value ratio which is the principal balance plus the secondary balance divided by the lesser of the selling price or the appraisal amount. If the selling price or appraisal amount fields are zero, the field with a value will be used for the calculation.

DATE INTEREST PAID TO

LNPDTO

Date interest is paid to

DATE LAST ACCRUED

LNDLAC

Date of last interest accrual

DATE LAST LATE

LNLTDT

Date of last late charge assessment

DATE OF LAST CHECK

Date used with action code 212

DATE OPENED

LNOPND

Date the loan was opened

DUE DATE

LNDUDT

Loan due date

EFFECTIVE RATE X

LNAMRT OR
LNRATE OR
LNLRAT

Loan effective rate: interest rate; accrual rate; LIP rate for LIP method code 1 or 101

EXTRA PRINCIPAL

LNOPMT

Amount of extra principal to be added to the principal

FORMATTED LOAN NUMBER

Uses XXXX-XXXXXX-XX instead of actual account number

FORMATTED LOAN NUMBER NO LEAD ZERO

Formats the Loan account number by automatically removing leading zeros.

FIRST DUE DATE

LN1DUE

Date the first payment is due

INSURER CODE

LNINSU

Insurer code

INTEREST CALCULATION CODE

LNIBAS

Base to use to calculate loan interest

INTEREST RATE

LNRATE

Annual interest rate or payment rate for payment method 7 loans

INVESTOR GROUP

LNIGRP

Investor group number

INVESTOR MASTER

LNIMST

Investor master number

INVESTOR NAME

IMNAM

Investor name

LATE CHARGES

LNLATE

Late charges on loan

LATE CHARGES AND FEES

LNLATE + LNFEES

Late charges plus total loan fees

LATE CHARGE PROJECTED

CALC LATE

Projected late charges for current payment

LATE RATE

LNLTRT

Late rate

LINE OF CREDIT LIMIT

LNRLCL

Line of credit limit

LIP ACCRUED INTEREST

LNLACC

LIP accrued interest

LIP CUSTOMER BALANCE

LNCBAL

LIP customer balance

LIP DISBURSED BALANCE

LNPBAL - LNLBAL

LIP disbursed balance

LIP INTEREST RATE

LNLRAT

LIP interest rate

LIP LIFETIME MAX

LNLMAX

LIP lifetime maximum rate

LIP LIFETIME MIN

LNLMIN

LIP lifetime minimum rate

LIP RATE OFFSET

LNLOFF

LIP rate offset

LIP UNDISBURSED BALANCE

LNLBAL

Amount of funds not yet disbursed

LOAN FEES

LNFEES

Total loan fees

LOAN OFFICER NUMBER

LNOFCR

Loan office number

MATURITY DATE

LNMATD

Loan maturity date

MISCELLANEOUS FUNDS

LNMISC

Loan miscellaneous funds

MONTHS TO 1ST RATE CHANGE

WKLMTH

Indicates the number of months from the opening of the loan to the first rate roll

NEXT PAYMENT DUE

CALC

Next payment due on the account

NEXT PAYMENT PRINCIPAL PORTION

Calculated

Principal portion of current next payment

NEXT PAYMENT INTEREST PORTION

Calculated

Interest portion of current next payment

NEXT PMT WITH EXTRA PRINCIPAL

CALC NEXT PYMT  + LNOPMT

Calculated next payment plus extra principal

NUMBER PAYMENTS DELINQUENT

RUN DATE - LNDUDT +
1 / LNFREQ

Month’s difference between current run date and due date plus one divided by the loan frequency. Bi-weekly loans calculate the number of payments delinquent by taking the days’ difference between the run date and due date divided by 14 plus one.

ORIGINAL PRINCIPAL BALANCE

LNOBAL

Original principal balance

ORIGINATION OFFICER

LOONAM

Adds the name of the originating officer to the event letter

P/I PAYMENT

LNPICN

Principal/interest payment

PARTIAL OR APPLIED TO PAYMENTS

LNPRTL

Partial or applied to payments

PAYMENT FREQUENCY

LNFREQ

Loan payment frequency

PER DIEM

LNPBAL + LNRATX / LNIBAS

One day’s interest calculated by taking the principal balance multiplied by the effective rate divided by the interest base.

PRIME LOWER LIMIT

LNPSLO

Minimum rate allowed on loan after adding index rate plus margin

PRIME UPPER LIMIT

LNPSHI

Maximum rate allowed on loan after adding index rate plus margin

PRINCIPAL BALANCE

LNPBAL

Principal balance on loan

PROJECTED PMT PRINCIPAL PORTION (for ARM loans)

Calculated

Principal portion of the projected payment

PROJECTED PMT INTEREST PORTION (for ARM loans)

Calculated

Interest portion of the projected new payment

RATE OFFSET MARGIN

LNROFF

Interest rate offset margin

RATE ROUNDING FACTOR

LNRRND

Prints the rounded rate factor, such as 1//4th, 1/8th, 1/10th, 1/16th, or none. This information is pulled from the Round Rate To Nearest field (LNRRND) on the Loans > Account Information > Account Detail screen in CIM GOLD.

REMAIN PORTION DUE

LNRPDU

Remaining unpaid portion of payment

REMAINING TERM

LNTERM / LNFREQ - LNINNO

Remaining term on the loan

Loan term divided by the loan frequency minus the installment number.

For bi-weekly loans, take the term in months divided by 12 multiplied by 26 to get the number of payments. Subtract the installment from the number of payments to get remaining payments. Take remaining payments divided by 26 then multiply by 12 to get remaining term in months.

ESCROW BAL PLUS RESERVE BAL

LNR1BL + LNR2BL

Sum of Escrow and Reserve balances

ESCROW BALANCE

LNR1BL

Escrow balance

ESCROW CON PLUS RESERVE CON

LNR1CN + LNR2CN

Sum of Escrow and Reserve payments

ESCROW PAYMENT

LNR1CN

Escrow payment

RESERVE BALANCE

LNR2BL

Reserve balance

RESERVE PAYMENT

LNR2CN

Reserve payment

SECURED ACCOUNT NUMBER

Places X’s in part of the account number, e.g., XXXX-XX1234-12

SECURITY ACCOUNT

LNSECX

Deposit account that secures the loan

SERVICING OFFICER

LOONAM

Adds the name of the servicing officer to the event letter

SUBSIDY BALANCE

LNSBAL

Subsidy balance

SUBSIDY PAYMENT

LNSCON

Subsidy payment

TERM OF LOAN

LNTERM

Term of the loan

TIMES 30 LATE LAST 12 MONTHS

BU12M

30+ days late in the last 12 months

TIMES 60 LATE LAST 24 MONTHS

BU24M

60+ days late in the last 24 months

TIMES LATE

LNLTNO

Number of times the loan has been late

TIMES LATE 10 TO 29

LNLT10

Number of times over life of loan payment has been made 10-29 days after due date

TIMES LATE 30 TO 59

LNLT30

Number of times over life of loan payment has been made 30-59 days after due date

TIMES LATE 60 TO 89

LNLT60

Number of times over life of loan payment has been made 60-89 days after due date

TIMES LATE 90 OVER

LNLT90

Number of times over life of loan payment has been made 90+ days after due date

TIMES LATE LAST 2 YEARS

LNDELQ

Times late in past 2 years

TOTAL DUE

CALC PMTS + LNLATE +  LNFEES - LNPRTL + LNRPDU

For payment method 3 or 6 loans with option OP01 ILF6 set to "Y," the total due is calculated as follows:

 
PMTS + LNLATE +  LNFEES - LNPRTL + LNRPDU + LNPDUE + LNVPRN

All payments (principal, interest and escrow/reserves) that are due (all payments where the loan due date is less than or equal to the run date) plus late charges and loan fees minus partial plus remaining portion due; payment method 5 all payments that have been billed (total of all billings on the Billing & Coupons screen) plus late charges and loan fees plus remaining portion due; LIP loans use prior unpaid charges plus late charges and loan fees.

TOTAL DUE AFTER GRACE

CALC PMTS + LNLATE + LNFEES - LNPRTL + LNRPDU

For payment method 3 or 6 loans with option OP01 ILF6 set to "Y," the total due is calculated as follows:

 
PMTS + LNLATE + LNFEES - LNPRTL + LNRPDU + LNPDUE + LNVPRN

All payments (principal, interest, and escrow/reserves) where the due date plus grace days is less than or equal to the run date plus late charges and loan fees minus partial plus remaining portion due; pmth 5 all payments that are billed (total of all billings on the Billing & Coupons screen) where the due date plus grace days is less than or equal to the run date plus remaining portion due plus late charges and fees; LIP loans only include late charges and loan fees.

TOTAL DUE TO BALLOON OR MATURITY

LNPBAL + CALC INT + LNLATE + LNFEES - LNR1BL - LNR2BL - LNSBAL - LNR1AI - LNR2A1 - LNMISC + NIR1AC + NIR2AC - LNLBAL - LNCBAL - LNPTRL (EXCLUDING MTHD 5 OR 6)

Total due (includes all charges due) to the lesser of the balloon date or the maturity day. If no balloon date or maturity date, interest will be calculated to the run date. This uses the current principal balance.

Also see TOTAL DUE AT MATURITY (LETT01) for events 25, 26, and 27. It amortizes payments to maturity date. When the payments are amortized, the system makes pseudo-payments so the principal balance used is the amortized balance instead of the current principal balance.

TOTAL INT TO BALLOON OR MATURITY

CALC INT

Total interest due to the lesser of the balloon date or the maturity date. If no balloon or maturity date, interest will be calculated to the run date.

TOTAL PAYMENTS DUE

CALC PMTS

Total payments due (principal, interest, and escrow/reserves) where the loan due date is less than or equal to the run date

TOTAL PMTS W FEES AND LATE CHGS

CALC PMTS + LNLATE + LNFEES

Total payments due (principal, interest, and escrow/reserves) where the loan due date is less than or equal to the run date plus late charges and loan fees

TOTAL PMTS W FEES AND PARTIAL

CALC PMTS + LNFEES - LNPRTL

Total payments due (principal, interest, and escrow/reserves) where the due date is less than or equal to the run date plus loan fees minus partial

TOTAL PMTS W LATE AND PARTIAL

CAL PMTS + LNLATE - LNPRTL

Total payments due (principal, interest, and escrow/reserves) where the loan due date is less than or equal to the run date plus late charges minus partial

TOTAL PMTS WITH LATE CHARGES

CAL PMTS + LNLATE

Total payments due (principal, interest, and escrow/reserves) where the loan due date is less than or equal to the run date plus late charges

TOT PMTS WITH LOAN FEES

CALC PMTS + LNFEES

Total payments due (principal, interest, and escrow/reserve) where the loan due date is less than or equal to the run date plus loan fees

TOT PMTS WITH PARTIAL

CALC PMTS - LNPRTL

Total payments due (principal, interest, and escrow/reserve) where the loan due date is less than or equal to the run date minus partial

TOTAL PRINCIPAL AND INTEREST DUE

CALC PRIN / INT

Total principal and interest due where the due date is less than or equal to the run date (does not work for payment method 5)

TRANSFER ACCOUNT

LNXFRX

Account number of savings or checking account used as the transfer account

TYPE

LNTYPC

Type of loan account

USER DEFINED C17

UFC17

User-defined field C17

USER DEFINED C34

UFC34

User-defined field C34