Difference between revisions of "FM SFLP.ARM Balloon Indicator"

From Open Risk Manual
 
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== Notes ==
 
== Notes ==
* Y = Yes
+
* Valid Values:
* N = No
+
** Y = Yes
 
+
** N = No
Applicable to certain CIRT offerings
+
* Applicable to certain CIRT offerings
 
+
* The field belongs to the [[FM SFLP Template]]
The field belongs to the [[FM SFLP Template]]
 
  
 
== Field Characteristics ==
 
== Field Characteristics ==
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* Data Type: Boolean
 
* Data Type: Boolean
 
* Data Maximum Length: X(1)
 
* Data Maximum Length: X(1)
 +
* Temporal Classification: Acquisition
 +
* Data Category: Loan
 +
 +
== Implementation ==
 +
* [https://github.com/open-risk/openNPL openNPL repository]
 +
 +
== Learn More ==
 +
* [https://www.openriskacademy.com/course/index.php?categoryid=37 Mortgage Modeling Courses]
  
 +
== Discuss ==
 +
* [https://www.openriskcommons.org/c/academy/mortgage-modeling/35 Commons Mortgage Modeling Discussions]
 +
* [https://www.openriskcommons.org/c/open-source/opennpl/13 Commons openNPL Discussions]
 
== See Also ==
 
== See Also ==
 
* [[Baloon Risk]]
 
* [[Baloon Risk]]

Latest revision as of 12:33, 17 May 2024

Definition

ARM Balloon Indicator: For an adjustable-rate mortgage loan, a code that denotes if the loan has a balloon feature.

Notes

  • Valid Values:
    • Y = Yes
    • N = No
  • Applicable to certain CIRT offerings
  • The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 100
  • Column Label: BALLOON_INDICATOR
  • Data Type: Boolean
  • Data Maximum Length: X(1)
  • Temporal Classification: Acquisition
  • Data Category: Loan

Implementation

Learn More

Discuss

See Also

Disclaimer

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