Difference between revisions of "FM SFLP.Next Payment Change Date"

From Open Risk Manual
(Created page with " == Definition == <b>Next Payment Change Date</b>.: For an adjustable-rate mortgage loan, the next date on which the payment amount due from the borrower is subject to change....")
 
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== Definition ==
 
== Definition ==
<b>Next Payment Change Date</b>.: For an adjustable-rate mortgage loan, the next date on which the payment amount due from the borrower is subject to change.  
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<b>Next Payment Change Date</b>: For an adjustable-rate mortgage loan, the next date on which the payment amount due from the borrower is subject to change.  
  
 
== Notes ==
 
== Notes ==
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== Field Characteristics ==
 
== Field Characteristics ==
 
* FM SFLP Field Index: 93
 
* FM SFLP Field Index: 93
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* Column Label: PAYMENT_CHANGE_DATE
 
* Data Type: DATE
 
* Data Type: DATE
 
* Data Maximum Length: MMYYYY
 
* Data Maximum Length: MMYYYY

Revision as of 15:15, 17 January 2023

Definition

Next Payment Change Date: For an adjustable-rate mortgage loan, the next date on which the payment amount due from the borrower is subject to change.

Notes

Applicable to certain CIRT offerings.

The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 93
  • Column Label: PAYMENT_CHANGE_DATE
  • Data Type: DATE
  • Data Maximum Length: MMYYYY

Disclaimer

This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates