Recent definition
Examples of Recent in a sentence
Subject Property Numeric – Decimal 0.85 9.999999 If “Most Recent AVM Model Name” > 0 >= 0 to <= 1 135 Original CLTV The ratio obtained by dividing the amount of all known outstanding mortgage liens on a property at origination by the lesser of the appraised value or the sales price.
Subject Property Numeric – Integer 6 9 If updated value was obtained subsequent to loan approval See Coding See Appendix F 132 Most Recent Property Valuation Date Specifies the date on which the updated property value was reported.
Subject Property Date 20090914 YYYYMMDD If updated value was obtained subsequent to loan approval “19010101” if unknown 133 Most Recent AVM Model Name The name of the AVM Vendor if an AVM was used to determine the updated property valuation.
Subject Property Numeric – Decimal 0.74 9.999999 If AVM Model Name (Field 127) > 0 >= 0 to <= 1 130 Most Recent Property Value[1] If a valuation was obtained subsequent to the valuation used to calculate LTV, the most recent property value.
Subject Property Numeric – Decimal 500000 9(10).99 If updated value was obtained subsequent to loan approval > 0 131 Most Recent Property Valuation Type If an additional property valuation was obtained after the valuation used for underwriting purposes, the method by which the property value was reported.