Difference between revisions of "FM SFLP.Servicing Activity Indicator"
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== Definition == | == Definition == | ||
<b>Servicing Activity Indicator</b>: An indicator that denotes a change in servicing activity during the corresponding reporting period. | <b>Servicing Activity Indicator</b>: An indicator that denotes a change in servicing activity during the corresponding reporting period. | ||
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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]] | ||
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
