Difference between revisions of "FM SFLP.Remaining Months To Maturity"
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== Definition == | == Definition == | ||
| − | <b>Remaining Months To Maturity</b>: The number of calendar months remaining until the outstanding | + | <b>Remaining Months To Maturity</b>: 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 [[Prepayment | prepayments]], which could lead to the loan paying off earlier than its [[Maturity Date]]. |
== Notes == | == Notes == | ||
| − | This field will be left blank for mortgage loans that have been modified. | + | * This field will be left blank for mortgage loans that have been modified. |
| − | + | * The field belongs to the [[FM SFLP Template]] | |
| − | The field belongs to the [[FM SFLP Template]] | ||
== Field Characteristics == | == Field Characteristics == | ||
Revision as of 17:29, 16 May 2024
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
