FM SFLP.Servicing Activity Indicator: Difference between revisions

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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

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Disclaimer

This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates

{{#set:Field Type=Boolean}}

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