Difference between revisions of "FM SFLP.Interest Rate Adjustment Frequency"
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* Data Type: NUMERIC | * Data Type: NUMERIC | ||
* Data Maximum Length: 9(4) | * Data Maximum Length: 9(4) | ||
+ | * Temporal Classification: Performance | ||
+ | * 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] | ||
== Disclaimer == | == Disclaimer == |
Latest revision as of 13:39, 17 May 2024
Contents
Definition
Interest Rate Adjustment Frequency: For an adjustable-rate mortgage loan, the number of months between scheduled rate changes. For loans with an Initial Fixed-Rate Period, the number of months between subsequent rate adjustments.
Notes
- Applicable to certain CIRT offerings.
- The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 91
- Column Label: MONTHS_BETWEEN_RESET
- Data Type: NUMERIC
- Data Maximum Length: 9(4)
- Temporal Classification: Performance
- Data Category: Loan
Implementation
Learn More
Discuss
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates