ADJUSTMENT

Description
Data specific to the rules for adjustments and conversions to the interest rate and principal and interest payment for the life of the loan as specified in the Note. Includes provisions to capture the modifications to interest rate and principal and interest payment for each adjustment occurrence period. Also specifies the Rules for selecting the appropriate Index upon which the adjustments may be based.

Type : ADJUSTMENT

Definition
Data specific to the rules for adjustments and conversions to the interest rate and principal and interest payment for the life of the loan as specified in the Note. Includes provisions to capture the modifications to interest rate and principal and interest payment for each adjustment occurrence period. Also specifies the Rules for selecting the appropriate Index upon which the adjustments may be based.
(Defined in file MISMO_3.4.0_B324.xsd , or a file it imports)

Elements
CONVERSION_ADJUSTMENT
EXTENSION
INTEREST_RATE_ADJUSTMENTAttributes that apply in general to the calculation of interest rate for adjustable rate mortgages.Attributes that apply in general to the calculation of interest rate for adjustable rate mortgages.
PRINCIPAL_AND_INTEREST_PAYMENT_ADJUSTMENT
RATE_OR_PAYMENT_CHANGE_OCCURRENCES

Attributes
label

Parents
\MESSAGE\DEAL_SETS\DEAL_SET\DEALS\DEAL\LOANS\LOAN