FM SFLP.Mortgage Insurance Percentage: Difference between revisions
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Latest revision as of 13:09, 17 May 2024
Definition
Mortgage Insurance Percentage: The original percentage of Mortgage Insurance coverage obtained for an insured conventional Mortgage Loan and used following the occurrence of an event of default to calculate the insurance benefit, as defined by the underlying master primary insurance policy.
Notes
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 34
- Column Label: MI_PCT
- Data Type: NUMERIC
- Data Maximum Length: 9(3).99
- Temporal Classification: Acquisition
- 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
{{#set:Field Type=NUMERIC}}
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