Difference between revisions of "FM SFLP.Loan Payment History"

From Open Risk Manual
 
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== Definition ==
 
== Definition ==
<b>Loan Payment History</b>: The coded string of values that describes the payment performance of the loan over the most recent 24 months. The most recent month is located to the right.
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<b>Loan Payment History</b> is a coded string of values that describes the payment performance of the [[Mortgage Loan]] over the most recent 24 months. The most recent month is located to the right.
  
 
== Notes ==
 
== Notes ==
For mortgage loans removed from the reference pool, this field will be blank.
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* For mortgage loans removed from the reference pool, this field will be blank.
 
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* In the event the loan is greater than or equal to 99 months delinquent, the field will report a 99.
In the event the loan is greater than or equal to 99 months delinquent, the field will report a 99.
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** 00 = Current
 
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** 01 = 30-59 days
* 00 = Current
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** 02 = 60-89 days
* 01 = 30-59 days
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** 03 = 90-119 days
* 02 = 60-89 days
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** 04 = 120 - 149 days
* 03 = 90-119 days
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** 05 = 150 - 179 days
* 04 = 120 - 149 days
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** 06 = 180 - 209 days, etc.
* 05 = 150 - 179 days
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** XX = unknown  
* 06 = 180 - 209 days, etc.
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* The field belongs to the [[FM SFLP Template]]
* XX = unknown  
 
 
 
 
 
The field belongs to the [[FM SFLP Template]]
 
  
 
== Field Characteristics ==
 
== Field Characteristics ==

Latest revision as of 18:17, 16 May 2024

Definition

Loan Payment History is a coded string of values that describes the payment performance of the Mortgage Loan over the most recent 24 months. The most recent month is located to the right.

Notes

  • For mortgage loans removed from the reference pool, this field will be blank.
  • In the event the loan is greater than or equal to 99 months delinquent, the field will report a 99.
    • 00 = Current
    • 01 = 30-59 days
    • 02 = 60-89 days
    • 03 = 90-119 days
    • 04 = 120 - 149 days
    • 05 = 150 - 179 days
    • 06 = 180 - 209 days, etc.
    • XX = unknown
  • The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 41
  • Column Label: PMT_HISTORY
  • Data Type: ALPHA-NUMERIC
  • Data Maximum Length: X(48)

Disclaimer

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