All Borrowers Monthly Income

From Open Risk Manual

Definition

All Borrowers Monthly Income. Total monthly qualifying income for all borrowers on the loan

This should be computed from the income of the individual borrowers.

See Also

  • the 2015 Revised HMDA regulation.


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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