FM SFLP.Remaining Months To Maturity

From Open Risk Manual

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)

Disclaimer

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