Difference between revisions of "FM SFLP.Servicing Activity Indicator"
From Open Risk Manual
Wiki admin (talk | contribs) (Created page with " == Definition == <b>Servicing Activity Indicator</b>.: An indicator that denotes a change in servicing activity during the corresponding reporting period. == Notes == This i...") |
Wiki admin (talk | contribs) |
||
(One intermediate revision by the same user not shown) | |||
Line 1: | Line 1: | ||
− | |||
== Definition == | == Definition == | ||
− | <b>Servicing Activity Indicator</b> | + | <b>Servicing Activity Indicator</b>: An indicator that denotes a change in servicing activity during the corresponding reporting period. |
== Notes == | == Notes == | ||
This indicator is designed to identify changes that have generally occurred to the primary servicer or sub-servicing arrangement for the mortgage loan. Not all mortgage loans identified with this indicator require specific action on the part of the respective borrower or co-borrower. | This indicator is designed to identify changes that have generally occurred to the primary servicer or sub-servicing arrangement for the mortgage loan. Not all mortgage loans identified with this indicator require specific action on the part of the respective borrower or co-borrower. | ||
− | Y = Yes | + | * Y = Yes |
− | N = No | + | * N = No |
+ | |||
The field belongs to the [[FM SFLP Template]] | The field belongs to the [[FM SFLP Template]] | ||
Line 13: | Line 13: | ||
== Field Characteristics == | == Field Characteristics == | ||
* FM SFLP Field Index: 74 | * FM SFLP Field Index: 74 | ||
+ | * Column Label: SERV_IND | ||
* Data Type: Boolean | * Data Type: Boolean | ||
* Data Maximum Length: X(1) | * Data Maximum Length: X(1) |
Latest revision as of 18:14, 17 January 2023
Definition
Servicing Activity Indicator: An indicator that denotes a change in servicing activity during the corresponding reporting period.
Notes
This indicator is designed to identify changes that have generally occurred to the primary servicer or sub-servicing arrangement for the mortgage loan. Not all mortgage loans identified with this indicator require specific action on the part of the respective borrower or co-borrower.
- Y = Yes
- N = No
The field belongs to the FM SFLP Template
Field Characteristics
- FM SFLP Field Index: 74
- Column Label: SERV_IND
- 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