Federally Insured Home Equity Conversion Mortgages (HECM Reverse Mortgages) -Amount Committed Through Third Party/Indirect

Acct Code

Description

Tip for pulling data stored in CU*BASE

811B2

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 Federally Insured Home Equity Conversion Mortgages. Report unfunded commitments made on the credit unions behalf through a third party.

Note: This Account Code was deleted by the NCUA in Sept. 2017.

 

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.