Difference between revisions of "FM SFLP.ARM Balloon Indicator"
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== Definition == | == Definition == | ||
<b>ARM Balloon Indicator</b>: For an adjustable-rate mortgage loan, a code that denotes if the loan has a balloon feature. | <b>ARM Balloon Indicator</b>: For an adjustable-rate mortgage loan, a code that denotes if the loan has a balloon feature. | ||
== Notes == | == Notes == | ||
| − | Y = Yes | + | * Valid Values: |
| − | + | ** Y = Yes | |
| − | Applicable to certain CIRT offerings | + | ** N = No |
| − | + | * 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 == | ||
| Line 17: | Line 14: | ||
* 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 == | ||
| + | * [[Baloon Risk]] | ||
== Disclaimer == | == Disclaimer == | ||
Latest revision as of 12:33, 17 May 2024
Contents
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
