FM SFLP.Prepayment Penalty Indicator

From Open Risk Manual

Definition

Prepayment Penalty Indicator: An indicator that denotes whether the Borrower is subject to a penalty for early payment of principal (Prepayment).

Notes

Field Characteristics

  • FM SFLP Field Index: 36
  • Column Label: PPMT_FLAG
  • Data Type: Boolean
  • Data Maximum Length: X(1)

Disclaimer

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