Difference between revisions of "FM SFLP.Metropolitan Statistical Area"
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+ | == Definition == | ||
+ | <b>Metropolitan Statistical Area</b>: The numeric [[Metropolitan Statistical Area]] Code for a property securing a [[Mortgage Loan]]. | ||
− | + | In the US MSAs are established by the US Office of Management and Budget. An area usually qualifies as an MSA if it is defined by the Bureau of the Census as an urbanized area and has a population of 50,000 or more in a total metropolitan area of at least 100,000. An MSA may consist of one or more counties. | |
− | |||
== Notes == | == Notes == | ||
− | If the property is not in a designated MSA, the value will default to “00000.” | + | * If the property is not in a designated MSA, the value will default to “00000.” |
− | + | * The field belongs to the [[FM SFLP Template]] | |
− | The field belongs to the [[FM SFLP Template]] | ||
== Field Characteristics == | == Field Characteristics == | ||
Line 13: | Line 13: | ||
* Data Type: ALPHA-NUMERIC | * Data Type: ALPHA-NUMERIC | ||
* Data Maximum Length: X(5) | * Data Maximum Length: X(5) | ||
+ | |||
+ | == See Also == | ||
+ | * [[Statistical Area]] | ||
== Disclaimer == | == Disclaimer == |
Latest revision as of 18:02, 16 May 2024
Definition
Metropolitan Statistical Area: The numeric Metropolitan Statistical Area Code for a property securing a Mortgage Loan.
In the US MSAs are established by the US Office of Management and Budget. An area usually qualifies as an MSA if it is defined by the Bureau of the Census as an urbanized area and has a population of 50,000 or more in a total metropolitan area of at least 100,000. An MSA may consist of one or more counties.
Notes
- If the property is not in a designated MSA, the value will default to “00000.”
- The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 32
- Column Label: MSA
- Data Type: ALPHA-NUMERIC
- Data Maximum Length: X(5)
See Also
Disclaimer
This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates