Difference between revisions of "FM SFLP.Maturity Date"

From Open Risk Manual
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== Definition ==
 
== Definition ==
<b>Maturity Date</b>: The month and year in which a mortgage loan is scheduled to be paid in full as defined in the mortgage loan documents.
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<b>Maturity Date</b> is the month and year in which a [[Mortgage Loan]] is scheduled to be paid in full as defined in the mortgage loan documents.
  
 
== Notes ==
 
== Notes ==
For a mortgage loan that has been modified, the maturity date will be updated to reflect the modified terms, if applicable..
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* For a mortgage loan that has been [[Loan Modification | modified]], the [[Maturity Date]] will be updated to reflect the modified terms, if applicable.
 
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* The field belongs to the [[FM SFLP Template]]
The field belongs to the [[FM SFLP Template]]
 
  
 
== Field Characteristics ==
 
== Field Characteristics ==
 
* FM SFLP Field Index: 19
 
* FM SFLP Field Index: 19
* Column Label: MATR_DT
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* Column Label: MATR_DATE
 
* Data Type: DATE
 
* Data Type: DATE
 
* Data Maximum Length: MMYYYY
 
* Data Maximum Length: MMYYYY

Revision as of 17:36, 16 May 2024

Definition

Maturity Date is the month and year in which a Mortgage Loan is scheduled to be paid in full as defined in the mortgage loan documents.

Notes

Field Characteristics

  • FM SFLP Field Index: 19
  • Column Label: MATR_DATE
  • Data Type: DATE
  • Data Maximum Length: MMYYYY

Disclaimer

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