Difference between revisions of "FM SFLP.Relocation Mortgage Indicator"

From Open Risk Manual
Line 1: Line 1:
 
 
== Definition ==
 
== Definition ==
 
<b>Relocation Mortgage Indicator</b>: An indicator that denotes whether or not the type of [[Mortgage Loan]] is a [[Relocation Mortgage Loan]], made to borrowers whose employers relocate their employees.
 
<b>Relocation Mortgage Indicator</b>: An indicator that denotes whether or not the type of [[Mortgage Loan]] is a [[Relocation Mortgage Loan]], made to borrowers whose employers relocate their employees.
  
 
== Notes ==
 
== Notes ==
* Y = Yes
+
* Valid Values:
* N = No
+
** Y = Yes
 
+
** N = No
 
+
* The field belongs to the [[FM SFLP Template]]
The field belongs to the [[FM SFLP Template]]
 
  
 
== Field Characteristics ==
 
== Field Characteristics ==
 
* FM SFLP Field Index: 81
 
* FM SFLP Field Index: 81
* Column Label: RELOCATION_MORTGAGE_INDICATOR
+
* Column Label: RELOCATION
 
* Data Type: Boolean
 
* Data Type: Boolean
 
* Data Maximum Length: X(1)
 
* Data Maximum Length: X(1)

Revision as of 18:54, 16 May 2024

Definition

Relocation Mortgage Indicator: An indicator that denotes whether or not the type of Mortgage Loan is a Relocation Mortgage Loan, made to borrowers whose employers relocate their employees.

Notes

Field Characteristics

  • FM SFLP Field Index: 81
  • Column Label: RELOCATION
  • 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