Difference between revisions of "FM SFLP.Loan Age"

From Open Risk Manual
 
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== Definition ==
 
== Definition ==
 
<b>Loan Age</b>: The number of calendar months since the [[Mortgage Loan]]'s [[Origination Date]].  
 
<b>Loan Age</b>: The number of calendar months since the [[Mortgage Loan]]'s [[Origination Date]].  
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* Data Type: NUMERIC
 
* Data Type: NUMERIC
 
* Data Maximum Length: 9(3)
 
* Data Maximum Length: 9(3)
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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 13:44, 17 May 2024

Definition

Loan Age: The number of calendar months since the Mortgage Loan's Origination Date.

For purposes of calculating this data element, origination means the date on which the first full month of interest begins to accrue.

Notes

The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 16
  • Column Label: LOAN_AGE
  • Data Type: NUMERIC
  • Data Maximum Length: 9(3)
  • 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