Description |
Describes the provision, schedule, and structure of funds used to reduce the interest rate and/or payment on a mortgage note a temporary basis. A permanent buydown is covered by points paid at origination, see Borrower Paid Discount Points Total Amount. |
Type : BUYDOWN |
Definition |
Describes the provision, schedule, and structure of funds used to reduce the interest rate and/or payment on a mortgage note a temporary basis. A permanent buydown is covered by points paid at origination, see Borrower Paid Discount Points Total Amount. (Defined in file MISMO_3.4.0_B324.xsd , or a file it imports) |
Elements | |||
BUYDOWN_FUNDS | Information about one or more types of buydown funding. Holds all occurrences of BUYDOWN_FUND.Information about one or more types of buydown funding. Holds all occurrences of BUYDOWN_FUND. | ||
BUYDOWN_OCCURRENCES | |||
BUYDOWN_RULE | |||
BUYDOWN_SCHEDULES | |||
EXTENSION |
Attributes | |||
label |
Parents |
\MESSAGE\DEAL_SETS\DEAL_SET\DEALS\DEAL\LOANS\LOAN
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