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RC-B/HC-B 4.b.(2) - Issue Related To Identification Of Collateralized By MBS (Doc ID 2645056.1)

Last updated on MARCH 08, 2020

Applies to:

Oracle Financial Services - Regulatory Reporting for US Federal Reserve - Lombard Risk Integration Pack - Version 8.0.8 and later
Information in this document applies to any platform.

Symptoms

Version: 8.0.8.4.0
 Report/Schedule : FFIEC 031 RC-B/Y9C HC-B
Line: 4.b.(2)
MDRM: G316, G317, G318, G319

Request to handle the requirement of identifying CMO/REMICs which are Collateralized by Mortgage-backed security which is further backed by 1-4 Family Mortgages.
Current configuration for above MDRM uses V_UNDRLYNG_ASST_POOL_TYPE_CODE = MBS. As per instruction: Since the requirement for section 4b is for 1-4 Family Close-ended mortgages only. "4.b Other residential mortgage-backed securities. A report in the appropriate columns of the appropriate subitems the amortized cost and fair value of all 1-4 family residential mortgage-backed securities other than pass-through securities that are not held for trading."

Cause

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In this Document
Symptoms
Cause
Solution


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