Difference between revisions of "FM SFLP.Prepayment Penalty Indicator"

From Open Risk Manual
(Created page with " == Definition == <b>Prepayment Penalty Indicator</b>.: An indicator that denotes whether the borrower is subject to a penalty for early payment of principal. == Notes == Y =...")
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
  
 
== Definition ==
 
== Definition ==
<b>Prepayment Penalty Indicator</b>.: An indicator that denotes whether the borrower is subject to a penalty for early payment of principal.
+
<b>Prepayment Penalty Indicator</b>: An indicator that denotes whether the borrower is subject to a penalty for early payment of principal.
  
 
== Notes ==
 
== Notes ==
Y = Yes; N = No.
+
* Y = Yes
 +
* N = No.
 +
 
  
 
The field belongs to the [[FM SFLP Template]]
 
The field belongs to the [[FM SFLP Template]]
Line 10: Line 12:
 
== Field Characteristics ==
 
== Field Characteristics ==
 
* FM SFLP Field Index: 36
 
* FM SFLP Field Index: 36
 +
* Column Label: PPMT_FLG
 
* Data Type: Boolean
 
* Data Type: Boolean
 
* Data Maximum Length: X(1)
 
* Data Maximum Length: X(1)

Revision as of 17:32, 17 January 2023

Definition

Prepayment Penalty Indicator: An indicator that denotes whether the borrower is subject to a penalty for early payment of principal.

Notes

  • Y = Yes
  • N = No.


The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 36
  • Column Label: PPMT_FLG
  • Data Type: Boolean
  • Data Maximum Length: X(1)

Disclaimer

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