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 | + | <b>Servicing Activity Indicator</b>: An indicator that denotes a change in [[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. | + | * 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 | + | ** Y = Yes |
| − | * N = No | + | ** N = No |
| − | + | * The field belongs to the [[FM SFLP Template]] | |
| − | |||
| − | The field belongs to the [[FM SFLP Template]] | ||
== Field Characteristics == | == Field Characteristics == | ||
Revision as of 18:46, 16 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)
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates
