Proprietary Reverse Mortgage Products Unfnded Commitments -Amount Committed by Third
Acct Code |
Description |
Tip for pulling data stored in CU*BASE |
811C4 |
This is the unfunded portion of commitments to extend credit under revolving, open-end lines of credit secured by 1-4 family residential properties authorized by Proprietary Reverse Mortgage Products. Report unfunded commitments made on the credit unions behalf through a third party. This account code was removed by the NCUA in March 2022. |
No CU*BASE tip at this time. |
The NCUA provides detailed descriptions on the Call Report Account Codes in their comprehensive Call Report Instructions available with the current Call Report on the http://www.ncua.gov website.
For more information about the 5300 Call Report Software, open the book.