Difference between revisions of "FM SFLP.Mortgage Insurance Type"

From Open Risk Manual
 
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== Definition ==
 
== Definition ==
<b>Mortgage Insurance Type</b>: The entity that is responsible for the Mortgage Insurance premium payment.  
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<b>Mortgage Insurance Type</b>: The entity that is responsible for the [[Mortgage Insurance]] premium payment.  
  
 
== Notes ==
 
== Notes ==
* 1 = Borrower Paid
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* Valid Values:
* 2 = Lender Paid
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** 1 = Borrower Paid
* 3 = Enterprise Paid *
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** 2 = Lender Paid
* Null = No MI.
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** 3 = Enterprise Paid
 
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** Null = No MI.
 
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* The field belongs to the [[FM SFLP Template]]
The field belongs to the [[FM SFLP Template]]
 
  
 
== Field Characteristics ==
 
== Field Characteristics ==
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* Data Type: Choice
 
* Data Type: Choice
 
* Data Maximum Length: X(1)
 
* Data Maximum Length: X(1)
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* Temporal Classification: Acquisition
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* Data Category: Loan
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== Implementation ==
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* [https://github.com/open-risk/openNPL openNPL repository]
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== Learn More ==
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* [https://www.openriskacademy.com/course/index.php?categoryid=37 Mortgage Modeling Courses]
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== Discuss ==
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* [https://www.openriskcommons.org/c/academy/mortgage-modeling/35 Commons Mortgage Modeling Discussions]
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* [https://www.openriskcommons.org/c/open-source/opennpl/13 Commons openNPL Discussions]
  
 
== Disclaimer ==
 
== Disclaimer ==

Latest revision as of 13:10, 17 May 2024

Definition

Mortgage Insurance Type: The entity that is responsible for the Mortgage Insurance premium payment.

Notes

  • Valid Values:
    • 1 = Borrower Paid
    • 2 = Lender Paid
    • 3 = Enterprise Paid
    • Null = No MI.
  • The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 73
  • Column Label: MI_TYPE
  • Data Type: Choice
  • Data Maximum Length: X(1)
  • Temporal Classification: Acquisition
  • Data Category: Loan

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