Difference between revisions of "FM SFLP.Servicing Activity Indicator"

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== Definition ==
 
== Definition ==
<b>Servicing Activity Indicator</b>.: An indicator that denotes a change in servicing activity during the corresponding reporting period.
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<b>Servicing Activity Indicator</b>: An indicator that denotes a change in [[Servicer | servicing]] activity during the corresponding reporting period.
  
 
== Notes ==
 
== Notes ==
This indicator is designed to identify changes that have generally occurred to the primary servicer or sub-servicing arrangement for the mortgage loan.  Not all mortgage loans identified with this indicator require specific action on the part of the respective borrower or co-borrower.   
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* This indicator is designed to identify changes that have generally occurred to the primary servicer or sub-servicing arrangement for the mortgage loan.  Not all mortgage loans identified with this indicator require specific action on the part of the respective borrower or co-borrower.   
 
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* Valid Values:
Y = Yes
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** Y = Yes
N = No.
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** N = No
 
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* The field belongs to the [[FM SFLP Template]]
The field belongs to the [[FM SFLP Template]]
 
  
 
== Field Characteristics ==
 
== Field Characteristics ==
 
* FM SFLP Field Index: 74
 
* FM SFLP Field Index: 74
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* Column Label: SERV_IND
 
* Data Type: Boolean
 
* Data Type: Boolean
 
* Data Maximum Length: X(1)
 
* Data Maximum Length: X(1)
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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 13:57, 17 May 2024

Definition

Servicing Activity Indicator: An indicator that denotes a change in servicing activity during the corresponding reporting period.

Notes

  • This indicator is designed to identify changes that have generally occurred to the primary servicer or sub-servicing arrangement for the mortgage loan. Not all mortgage loans identified with this indicator require specific action on the part of the respective borrower or co-borrower.
  • Valid Values:
    • Y = Yes
    • N = No
  • The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 74
  • Column Label: SERV_IND
  • Data Type: Boolean
  • Data Maximum Length: X(1)
  • 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