PAYOFF

Type : PAYOFF

Elements
EXTENSION
IntegratedDisclosureSectionTypeA value from a MISMO prescribed list that represents the title or description of a primary section of an integrated disclosure document.A value from a MISMO prescribed list that represents the title or description of a primary section of an integrated disclosure document.
IntegratedDisclosureSectionTypeOtherDescriptionA free-form text field used to capture additional information when Other is selected for Integrated Disclosure Section Type.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided. EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.".
LiabilityAccountRemainsOpenIndicatorWhen true, indicates that the liability account will remain open after the outstanding balance is paid off.A data type of Indicator SHOULD identify a data point that represents a boolean value. The value choices SHOULD be "true" or "false" but MAY be "1" or "0". EXAMPLE: A Basement Finished Indicator for a basement that qualifies would be expressed as "true".
PayoffAccountNumberIdentifierThe account number associated with the debt that is being paid off as part of the closing transaction.A data type of Identifier SHOULD identify a data point that provides a unique value for reference purposes and MAY have IdentifierOwnerURI and IdentifierEffectiveDate attributes. EXAMPLE: A Loan Identifier could be expressed as "0034567891-A".
PayoffActionTypeSpecifies the type of action related to the liability payoff.Specifies the type of action related to the liability payoff.
PayoffActionTypeOtherDescriptionSpecifies the other type of action related to the liability payoff when Other is selected.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided. EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.".
PayoffAmountThe dollar amount for the debt that is being paid off as part of the closing transaction.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
PayoffApplicationSequenceTypeSpecifies the order in which the payoff is applied relative to the scheduled payment.Specifies the order in which the payoff is applied relative to the scheduled payment.
PayoffOrderedDatetimeThe date and time that a payoff order was submitted to the existing lien holder.A data type of Datetime SHOULD identify a data point that represents numerically a specific day month and year of the Gregorian Calendar plus a time of day expressed in hours, minutes and seconds as related to Coordinated Universal Time (UTC) and MAY have an IgnoreTimeSegmentIndicator attribute. Datetimes MUST be represented in the extended format CCYY-MM-DDThh:mm:ssZ CCYY is a four-digit year, "0000" through "9999" MM is a two-digit month of that year, "01" through "12" DD is a two-digit day of that month, "01" through “31” - is the required separator between CCYY-MM-DD T is the required separator between the date and the time groupings hh is a two-digit hour of that day, "00" through "23" mm is a two-digit minute of that hour, "00" through "59" ss is a two-digit second of that minute, "00" through "59" : is the required separator between hh:mm:ss Z is a required time zone indicator using either Z (for Coordinated Universal Time UTC) or an offset from UTC using +hh:mm or -hh:mm Padded leading zeroes must be used throughout. an optional fractional seconds (decimal point and up to 9 digits) is permitted between the seconds and the time zone. Note that negative or extended (more than 4 digit) years are not permitted. EXAMPLE: An Event Datetime would be expressed as "2010-06-29T14;24:13.124-05:00".
PayoffPartialIndicatorWhen true, indicates that the amount being paid does not fully satisfy the liability.A data type of Indicator SHOULD identify a data point that represents a boolean value. The value choices SHOULD be "true" or "false" but MAY be "1" or "0". EXAMPLE: A Basement Finished Indicator for a basement that qualifies would be expressed as "true".
PayoffPerDiemAmountThe payoff amount as a per diem (daily) dollar amount.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
PayoffPrepaymentPenaltyAmountThe dollar amount of the Prepayment Penalty charged on the account being paid in full.A data type of Amount SHOULD identify a number value that is an amount of money and MAY have a CurrencyURI attribute. It SHALL NOT contain any punctuation other than the decimal point or sign values. The decimal point is ALWAYS the US nationalization character (.) in the designated character encoding (UTF-8 assumed when not stated ) It SHOULD be able to contain at least 18 digits. EXAMPLE: An Unpaid Principle Balance Amount of $100,000.12 would be expressed as "100000.12".
PayoffRequestedByTypeA collection of values that specify the party making the request for payoff of the loan.A collection of values that specify the party making the request for payoff of the loan.
PayoffRequestedByTypeOtherDescriptionA free-form text field that specifies the enumeration when the value of Other is used for the Payoff Requested By Type.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided. EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.".
PayoffRequestedDateThe date that the payoff was requested.A data type of Date SHOULD identify a data point that represents numerically a specific year, month and year, or day month and year of the Gregorian Calendar. Full dates MUST be represented in the extended format CCYY-MM-DD CCYY is a four-digit year, "0001" through "9999" MM is a two-digit month of that year, "01" through "12" DD is a two-digit day of that month, "01" through "31" Padded zeros must be used. - is the required separator between CCYY-MM-DD if the day or month and day are dropped, the preceding separator is also dropped an optional trailing time zone indicator is permitted using either Z (for Coordinated Universal Time UTC) or an offset from UTC using +hh:mm or -hh:mm as in Datetime Note that negative or extended (more than 4 digit) years are not permitted. EXAMPLE: A Next Escrow Review Date that discloses the year and month would be expressed as "2010-06".
PayoffSpecifiedHUD1LineNumberValueThe line number on the HUD-1 where the Payoff is disclosed.A data type of Value SHOULD identify a data point that is a String generated as the result of applying an algorithm to other data and MAY have AlgorithmURI and lang attributes. EXAMPLE: A Delivery Point Bar Code Value could be expressed as "20500999901".
PayoffThroughDateThe last valid date that is covered in the payoff amount.A data type of Date SHOULD identify a data point that represents numerically a specific year, month and year, or day month and year of the Gregorian Calendar. Full dates MUST be represented in the extended format CCYY-MM-DD CCYY is a four-digit year, "0001" through "9999" MM is a two-digit month of that year, "01" through "12" DD is a two-digit day of that month, "01" through "31" Padded zeros must be used. - is the required separator between CCYY-MM-DD if the day or month and day are dropped, the preceding separator is also dropped an optional trailing time zone indicator is permitted using either Z (for Coordinated Universal Time UTC) or an offset from UTC using +hh:mm or -hh:mm as in Datetime Note that negative or extended (more than 4 digit) years are not permitted. EXAMPLE: A Next Escrow Review Date that discloses the year and month would be expressed as "2010-06".

Attributes
label

Parents
\MESSAGE\DEAL_SETS\DEAL_SET\DEALS\DEAL\LIABILITIES\LIABILITY