FM SFLP.Loan Payment History
From Open Risk Manual
Revision as of 14:49, 17 January 2023 by Wiki admin (talk | contribs) (Created page with " == Definition == <b>Loan Payment History</b>.: The coded string of values that describes the payment performance of the loan over the most recent 24 months. The most recent...")
Definition
Loan Payment History.: The coded string of values that describes the payment performance of the loan over the most recent 24 months. The most recent month is located to the right.
Notes
For mortgage loans removed from the reference pool, this field will be blank. In the event the loan is greater than or equal to 99 months delinquent, the field will report a 99.
00 = Current 01 = 30-59 days 02 = 60-89 days 03 = 90-119 days 04 = 120 - 149 days 05 = 150 - 179 days 06 = 180 - 209 days, etc. XX = unknown .
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 41
- Data Type: ALPHA-NUMERIC
- Data Maximum Length: X(48)
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates
