INSTRUCTIONS

FOR

MORTGAGE VOLUME AND DELINQUENCY

MONTHLY REPORTS

FOR DEPOSITORY AND NONDEPOSITORY FINANCIAL INSTITUTIONS

IN PUERTO RICO

LINE ITEM INSTRUCTIONS

FOR

DEPOSITORY

AND

NONDEPOSITORY

FINANCIAL INSTITUTIONS

INDEX

SCH.# DESCRIPTION

Introduction and General Instructions

Schedule A Mortgage Volume Report

Schedule B Mortgage Delinquency Report

DEPOSITORY AND NONDEPOSITORY

FINANCIAL INSTITUTIONS IN PUERTO RICO

INTRODUCTION

The line item instructions are being designed as an aid to the financing institutions report preparer, or officers authorized by the institution in charge of reporting to the Commissioner of Financial Institutions of Puerto Rico.

The Volume and Delinquency reports are two (2) separate Schedules. We encourage the preparer to follow the specific instructions for the preparation of each schedule and also the following:

GENERAL INSTRUCTIONS

A. We emphasize that the reports must include only the Financial Institutions that are located within the Commonwealth of Puerto Rico.

Branches located outside Puerto Rico are exempted of the filling requirement. However, the all local (domestic) institutions must report, as specified in the report, the transactions conducted in Puerto Rico with outside banks or foreign branches in the United States.

B. Monthly reports must be electronically filed timely and appropriately in accordance with the Circular Letter. Proper filling must be made within the next 15 days after closing of the reporting month.

D. Read carefully the specific instructions of each report in order to include the correct and accurate figures. Please, keep in mind that the information supplied in these reports will later be subject to review by our Auditors (Examiners of the Commissioner of Financial Institutions of Puerto Rico). This information needs to be actual, corroborative, accurate, and valid.

E. The officer responsible for the preparation of the monthly reports must have written authorization from the President, Finance Director or Comptroller responsible for providing certainty of the accuracy of the information supplied.

F. The dollar amount included in the reports must be expressed in thousands (000).

G. In those cases were the information requires percentages as decimals, round figures up to two decimals.

H. The financial institution must take appropriate measures to ensure the accuracy and reliability of the information reported.