Navigation:  Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Valuation/Billing tab > Non-Accrual field group > Sale of Security Amount

Entry: User, numeric

F/M: Yes

Mnemonic: L3NASA

Screen: Loans > Account Information > Additional Loan Fields > Valuation/Billing tab

 

This field displays the amount any security tied to this loan was sold in order to pay off the loan or pay down the loan amount. The Sale of Security Amount is recorded when an employee at your institution runs the Sale of Security transaction (tran codes 2510-03 and 2510-06).

 

The amount is calculated as LNPBAL + principal reduction (the amount the principal balance was reduced during the transaction) minus LIP undisbursed (LNLBAL). This amount is also displayed on line 8 of the RC-N Memoranda.

 

You can file maintain this field to a different amount if needed.

 

This field is also displayed on the Loans > Bankruptcy > Foreclosure, Repossession and Judgment Information screen.