FM SFLP.Occupancy Status

From Open Risk Manual
Revision as of 15:00, 17 May 2024 by Wiki admin (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Definition

Occupancy Status: The classification describing the property occupancy status at the time the Mortgage Loan was originated.

Notes

  • Valid Values:
    • Principal = P
    • Second = S
    • Investor = I
    • Unknown = U
  • The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 30
  • Column Label: OCC_STAT
  • Data Type: Choice
  • Data Maximum Length: X(1)
  • Temporal Classification: Acquisition
  • Data Category: PropertyCollateral

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