Difference between revisions of "FM SFLP.Relocation Mortgage Indicator"

From Open Risk Manual
 
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== Definition ==
 
== Definition ==
<b>Relocation Mortgage Indicator</b>: An indicator that denotes whether or not the type of mortgage loan is a relocation mortgage loan, made to borrowers whose employers relocate their employees.
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<b>Relocation Mortgage Indicator</b>: An indicator that denotes whether or not the type of [[Mortgage Loan]] is a [[Relocation Mortgage Loan]], made to borrowers whose employers relocate their employees.
  
 
== Notes ==
 
== Notes ==

Latest revision as of 13:31, 13 March 2023

Definition

Relocation Mortgage Indicator: An indicator that denotes whether or not the type of Mortgage Loan is a Relocation Mortgage Loan, made to borrowers whose employers relocate their employees.

Notes

  • Y = Yes
  • N = No


The field belongs to the FM SFLP Template

Field Characteristics

  • FM SFLP Field Index: 81
  • Column Label: RELOCATION_MORTGAGE_INDICATOR
  • 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