FM SFLP.High Loan to Value Refinance Option Indicator
From Open Risk Manual
Definition
High Loan to Value Refinance Option Indicator: An indicator that denotes if an eligible original reference loan is refinanced under Fannie Mae’s HLTV refinance option, which results in such mortgage loan remaining in the Reference Pool, as further defined in each individual CRT document, if applicable.
Notes
- Y = Yes
- N = No
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 103
- Column Label: HIGH_LOAN_TO_VALUE_HLTV_REFINANCE_OPTION_INDICATOR
- 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
