FM SFLP.Remaining Months To Maturity
From Open Risk Manual
Contents
Definition
Remaining Months To Maturity: The number of calendar months remaining until the outstanding Unpaid Principal Balance of the Mortgage Loan amortizes to a Zero Balance, taking into account any additional prepayments, which could lead to the loan paying off earlier than its Maturity Date.
Notes
- This field will be left blank for mortgage loans that have been modified.
- The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 18
- Column Label: ADJ_REM_MONTHS
- Data Type: NUMERIC
- Data Maximum Length: 9(3)
- Temporal Classification: Performance
- Data Category: Loan
Implementation
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Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates