FM SFLP.ARM Product Type
From Open Risk Manual
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Definition
ARM Product Type.: For an adjustable-rate mortgage loan, a string that denotes the Initial Fixed-Rate Period, the subsequent Interest Rate Adjustment Frequency, and the Original Loan Term.
Notes
Applicable to certain CIRT offerings.
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 89
- Data Type: ALPHA-NUMERIC
- Data Maximum Length: X(100)
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates
