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Franklin Credit Management (Franklin Credit Management) Credit Losses Provision : $0.00 Mil (As of Sep. 2014)


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What is Franklin Credit Management Credit Losses Provision?

Franklin Credit Management's credit losses provision for the three months ended in Sep. 2014 was $0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2014 was $0.00 Mil.

Franklin Credit Management Credit Losses Provision Historical Data

The historical data trend for Franklin Credit Management's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Franklin Credit Management Credit Losses Provision Chart

Franklin Credit Management Annual Data
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Credit Losses Provision
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Franklin Credit Management Quarterly Data
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Franklin Credit Management Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Franklin Credit Management (Franklin Credit Management) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Franklin Credit Management Corp (OTCPK:FCRM) » Definitions » Credit Losses Provision
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Traded in Other Exchanges
N/A
Address
101 Hudson Street, 24th floor, Jersey City, NJ, USA, 07302
Website
http://www.franklincredit.com
Franklin Credit Management Corp is a specialty consumer finance company. It is engaged in the servicing and resolution of performing, performing, and nonperforming residential mortgage loans, including specialized loan recovery and collection servicing, and in the analysis, pricing, and acquisition of residential mortgage portfolios, for third parties.
Executives
Steven W Lefkowitz director SIX HARRISON STREET, NEW YORK NY 10013

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