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 =...")
 
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== 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 ==
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== Field Characteristics ==
 
== Field Characteristics ==
 
* FM SFLP Field Index: 36
 
* FM SFLP Field Index: 36
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* Column Label: PPMT_FLG
 
* Data Type: Boolean
 
* Data Type: Boolean
 
* Data Maximum Length: X(1)
 
* Data Maximum Length: X(1)

Revision as of 15:14, 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