FM SFLP.Prepayment Penalty Indicator
From Open Risk Manual
Revision as of 14:49, 17 January 2023 by Wiki admin (talk | contribs) (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 =...")
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
- 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
