FM SFLP.Metropolitan Statistical Area

From Open Risk Manual

Definition

Metropolitan Statistical Area: The numeric Metropolitan Statistical Area Code for a property securing a Mortgage Loan.

In the US MSAs are established by the US Office of Management and Budget. An area usually qualifies as an MSA if it is defined by the Bureau of the Census as an urbanized area and has a population of 50,000 or more in a total metropolitan area of at least 100,000. An MSA may consist of one or more counties.

Notes

  • If the property is not in a designated MSA, the value will default to “00000.”
  • The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 32
  • Column Label: MSA
  • Data Type: ALPHA-NUMERIC
  • Data Maximum Length: X(5)
  • Temporal Classification: Acquisition
  • Data Category: PropertyCollateral

Implementation

Learn More

Discuss

See Also

Disclaimer

This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates