A loan tape is the summary dataset that describes a loan or a pool of loans for evaluation or sale — balance, rate, maturity, status, lien position, collateral, and performance. It is the first thing a buyer reviews to price a credit.
A complete, accurate loan tape lets a buyer price for reality up front and hold the bid firm, shortening diligence and reducing re-trade risk. See the loan-tape checklist.
Unpaid principal balance, rate terms, maturity, lien position, property type and location, valuation, performance status, and income — see the full checklist.
An organized summary of these fields, shared under NDA, is enough — a buyer works from what you already hold.
Yes — a direct sale is principal-to-principal under NDA, with no public marketing.