FFIEC-031 RC-C Part I Line 1.b: Secured By Farmland
(Doc ID 2484045.1)
Last updated on NOVEMBER 19, 2019
Applies to:Oracle Financial Services Regulatory Reporting - Version 8.0.0 and later
Information in this document applies to any platform.
For RCFD1420, Instructions require to include loans secured by farmland that are guaranteed by the Farmers Home Administration (FmHA) or by the Small Business Administration (SBA) and that are extended, serviced, and collected by any party other than FmHA or SBA. This MDRM uses Rule: RLUS_FRAS_REG_PROD_CLASS_16’’:
FSI_PARTY_STD_PARTY_MAP.V_STD_PARTY_CODE <> 'FmHA' and DIM_LOAN_SERVICE_TYPE.V_LOAN_SERVICE_TYPE_CODE in('EXTENDED','COLLECTED','SERVICED','INSURED'). The rule takes care of FmHA part. But similar logic is not there SBA.
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