Difference between revisions of "FM SFLP.Next Payment Change Date"

From Open Risk Manual
 
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== Definition ==
 
== Definition ==
 
<b>Next Payment Change Date</b>: For an adjustable-rate mortgage loan, the next date on which the payment amount due from the borrower is subject to change.  
 
<b>Next Payment Change Date</b>: For an adjustable-rate mortgage loan, the next date on which the payment amount due from the borrower is subject to change.  
  
 
== Notes ==
 
== Notes ==
Applicable to certain CIRT offerings.
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* Applicable to certain CIRT offerings.
 
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* 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: DATE
 
* Data Type: DATE
 
* Data Maximum Length: MMYYYY
 
* Data Maximum Length: MMYYYY
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* Temporal Classification: Performance
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* Data Category: Loan
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== Implementation ==
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* [https://github.com/open-risk/openNPL openNPL repository]
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== Learn More ==
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* [https://www.openriskacademy.com/course/index.php?categoryid=37 Mortgage Modeling Courses]
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== Discuss ==
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* [https://www.openriskcommons.org/c/academy/mortgage-modeling/35 Commons Mortgage Modeling Discussions]
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* [https://www.openriskcommons.org/c/open-source/opennpl/13 Commons openNPL Discussions]
  
 
== Disclaimer ==
 
== Disclaimer ==

Latest revision as of 13:51, 17 May 2024

Definition

Next Payment Change Date: For an adjustable-rate mortgage loan, the next date on which the payment amount due from the borrower is subject to change.

Notes

  • Applicable to certain CIRT offerings.
  • The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 93
  • Column Label: PAYMENT_CHANGE_DATE
  • Data Type: DATE
  • Data Maximum Length: MMYYYY
  • 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