FM SFLP.Servicing Activity Indicator

From Open Risk Manual

Definition

Servicing Activity Indicator: An indicator that denotes a change in servicing activity during the corresponding reporting period.

Notes

This indicator is designed to identify changes that have generally occurred to the primary servicer or sub-servicing arrangement for the mortgage loan. Not all mortgage loans identified with this indicator require specific action on the part of the respective borrower or co-borrower.

  • Y = Yes
  • N = No


The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 74
  • Column Label: SERV_IND
  • 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