| AcceleratedPaymentProgramIndicator | Indicates that mortgagor participates in some sort of accelerated principal re-payment program which may be administered by a third party.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". |
| ACHIndicator | When true, indicates that a loan is enrolled in Automatic Clearing House (ACH) payment drafting.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". |
| ActiveLitigationIndicator | When true, indicates that the loan is subject to active litigation.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". |
| ApplicationReceivedDate | The date the creditor or originator received the application from the borrower for the subject mortgage loan.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". |
| ArmsLengthIndicator | Indicates that this is an arm's length transaction. An arm's length transaction is between a willing buyer and a willing seller with no undue influence on either party and there is no relationship between the parties except that of the specific transaction.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". |
| AssumabilityIndicator | Indicates whether the loan is assumable by another borrower.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". |
| AssumedIndicator | Indicates if the loan has been assumedA 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". |
| BalloonGuaranteedRefinancingIndicator | When true, indicates refinancing of the balloon mortgage loan is guaranteed by the lender.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". |
| BalloonIndicator | When true, indicates that a final balloon payment is required to fully pay off the loan.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". |
| BalloonPaymentAmount | The dollar amount of the final, or lump sum, balloon payment.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". |
| BalloonPaymentMaximumAmount | The largest scheduled lump sum payment over the life of loan. This applies when there are scheduled lump sum payments that are more than twice as large as the average of earlier scheduled payments.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". |
| BalloonPaymentMinimumAmount | The smallest scheduled lump sum payment over the life of loan. This applies when there are scheduled lump sum payments that are more than twice as large as the average of earlier scheduled payments.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". |
| BalloonResetIndicator | When true, indicates that the balloon loan has been reset to the current market rate.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". |
| BalloonResetOptionIndicator | When true, indicates the balloon loan has an option to reset.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". |
| BelowMarketSubordinateFinancingIndicator | Indicates whether the seller provided below-market subordinate financing.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". |
| BiweeklyToMonthlyOnDefaultIndicator | Indicates if the lender allows conversion from Bi-weekly payments to monthly upon a default by the borrower.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". |
| BorrowerCount | The number of borrowers obligated on the note.A data type of Count SHOULD identify a non-negative number value that is a whole number with a maximum value of 2147483647. It SHALL NOT contain any punctuation.
EXAMPLE: A Total Bathroom Count for a dwelling unit with one full bathroom and one partial bathroom would be expressed as "2". |
| BuydownTemporarySubsidyFundingIndicator | When true, indicates that there is buydown funding on this loan that reduces the interest rate and/or the payments for a specified period.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". |
| CapitalizedFeesIndicator | Indicates that the mortgage balance includes capitalized origination fees.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". |
| CapitalizedLoanIndicator | Indicates that interest accrued, escrow disbursements made and/or fees charged are included in the unpaid principal balance.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". |
| ClosingCostFinancedIndicator | Indicates that some or all of the closing cost were financed into the loan amount.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". |
| ClosingDisclosureWaitingPeriodWaivedIndicator | When true, indicates that upon receipt of the Closing Disclosure, and due to a bona fide personal financial emergency, the consumer modified or waived the three-business-day waiting period that must be met prior to consummation of the mortgage loan transaction.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". |
| CollateralPledgedToName | Specifies to whom the loan has been pledged as collateral.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.". |
| ConcurrentOriginationIndicator | Indicates that a new first mortgage will be closed concurrently with a second or a HELOC loan.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". |
| ConcurrentOriginationLenderIndicator | Indicates that a concurrent loan is from the same lender. This is in conjunction with Concurrent Origination Indicator.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". |
| ConformingIndicator | When true, indicates that the loan amount is a conforming loan amount by Fannie Mae and Freddie Mac standards.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". |
| ConstructionLoanIndicator | When true, indicates that the loan is a construction loan.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". |
| ConversionOfContractForDeedIndicator | When true, indicates that the subject transaction proceeds are used to pay off the remaining balance of the land contract (also known as a contract for deed).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". |
| ConvertibleIndicator | Indicates that the loan has a convertible characteristic.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". |
| CreditEnhancementIndicator | When true, indicates that the loan has a credit enhancement.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". |
| CreditorServicingOfLoanStatementType | Specifies the certainty of the originating lender's or creditor's intention to service the mortgage loan.Specifies the certainty of the originating lender's or creditor's intention to service the mortgage loan. |
| CreditorServicingOfLoanStatementTypeOtherDescription | A free-form text field used to capture additional information when Other is selected for Creditor Servicing Of Loan Statement 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.". |
| CurrentInterestRatePercent | The current interest rate, expressed as a percent, for this loan.A data type of Percent SHOULD identify a number value that is in the subset of real numbers expressible by decimal numerals and represents a value that is scaled upward by 100 so that 1/100 is represented by 1. It MAY contain a single decimal point as punctuation. 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: A Tax Rate Percent for a rate of .055 be expressed as "5.5". |
| DeferredInterestBalanceAmount | Accrued Uncollected InterestA 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". |
| DemandFeatureIndicator | When true, indicates that the loan has a demand feature.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". |
| EligibleForLenderPaidMIIndicator | Indicates that the mortgage loan is eligible for lender-paid MI.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". |
| EmployeeLoanProgramIndicator | Indicates if the loan is part of an employee loan program.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". |
| EnergyRelatedImprovementsIndicator | When true, indicates that the loan will include an amount for energy-related improvements.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". |
| ENoteCertifiedIndicator | Indicates whether the loan delivery data has been automatically certified against eNote data.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". |
| ENoteIndicator | Indicates that an eNote is used as part of this loan.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". |
| EscrowAbsenceReasonType | Specifies the reason the loan does not have an escrow account.Specifies the reason the loan does not have an escrow account. |
| EscrowAbsenceReasonTypeOtherDescription | A free-form text field used to collect additional information when Other is selected for Escrow Absence Reason 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.". |
| EscrowAccountLenderRequirementType | Identifies the escrow account status in terms of the requirements of the lender in the mortgage loan transaction.Identifies the escrow account status in terms of the requirements of the lender in the mortgage loan transaction. |
| EscrowAccountRequestedIndicator | When true, indicates that the establishment of an escrow account has been requested by the borrower(s) for the loan.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". |
| EscrowIndicator | Indicates whether or not escrows are associated with this loan.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". |
| EscrowNotAllowedIndicator | When true, indicates that, under applicable law, a servicer may not establish an escrow account for the mortgage loan being modified.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". |
| EscrowsElectedByBorrowerIndicator | When true, indicates the borrower has elected to establish an escrow account.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". |
| EXTENSION | |
| HELOCIndicator | When true, indicates that the loan is a Home Equity Line of Credit (HELOC).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". |
| HigherPricedMortgageLoanIndicator | When true, indicates the transaction is considered to be a higher priced mortgage loan under Regulation Z requirements.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". |
| HomeBuyersHomeownershipEducationCertificateIndicator | Indicates whether the Home Buyers/Home Ownership Education certificate is included in the loan file.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". |
| InitialFixedPeriodEffectiveMonthsCount | The number of months in the initial fixed period of a loan with an adjustable rate or payment.A data type of Count SHOULD identify a non-negative number value that is a whole number with a maximum value of 2147483647. It SHALL NOT contain any punctuation.
EXAMPLE: A Total Bathroom Count for a dwelling unit with one full bathroom and one partial bathroom would be expressed as "2". |
| InterestCreditedToBorrowerIndicator | Identifies whether interest was credited to the borrower at time of closing for a closed-end mortgage.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". |
| InterestOnlyIndicator | When true, indicates that the loan terms allow interest-only payments to be made for a specified time period.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". |
| InterestRateIncreaseIndicator | When true, indicates that the interest rate on the loan can increase after the closing.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". |
| JurisdictionHighCostLoanIndicator | When true, indicates the loan is determined to be high cost under the jurisdictions high cost rules or requirements.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". |
| LenderPlacedHazardInsuranceIndicator | When true, indicates that there is lender placed hazard insurance of any kind associated with this loan.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". |
| LenderSelfInsuredIndicator | Indicates that the Lender will provide self-insurance.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". |
| LendingLimitAmount | The maximum dollar amount limit for the mortgage loan.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". |
| LendingLimitType | Specifies the criteria, guidelines or calculation used to establish the Lending Limit Amount.Specifies the criteria, guidelines or calculation used to establish the Lending Limit Amount. |
| LendingLimitTypeOtherDescription | A free-form text field used to collect additional information when Other is selected for Other is selected for the Lending Limit 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.". |
| LienHolderSameAsSubjectLoanIndicator | Indicates that the lien holder of the related loan is the same as the lien holder of the subject loan.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". |
| LoanAffordableIndicator | When true, indicates that the loan is classified as an affordable loan by the lender or the investor.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". |
| LoanAgeMonthsCount | The age of the loan expressed in months calculated as defined by trading partner agreement.A data type of Count SHOULD identify a non-negative number value that is a whole number with a maximum value of 2147483647. It SHALL NOT contain any punctuation.
EXAMPLE: A Total Bathroom Count for a dwelling unit with one full bathroom and one partial bathroom would be expressed as "2". |
| LoanAmountIncreaseIndicator | When true, indicates that the loan amount can increase after closing.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". |
| LoanApprovalDate | The date the mortgage loan approval was made by the lender to the borrower. A loan approval involves verifying credit, down payment, employment history, etc. of the borrower(s) and will generally state that the borrower is approved for a loan upon satisfaction of certain conditions.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". |
| LoanApprovalExpirationDate | The date the mortgage loan approval expires.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". |
| LoanApprovalPeriodDaysCount | The number of days the mortgage loan approval is in effect.A data type of Count SHOULD identify a non-negative number value that is a whole number with a maximum value of 2147483647. It SHALL NOT contain any punctuation.
EXAMPLE: A Total Bathroom Count for a dwelling unit with one full bathroom and one partial bathroom would be expressed as "2". |
| LoanClosingStatusType | Defines whether the loan is a closed loan purchase or a table funded loan.Defines whether the loan is a closed loan purchase or a table funded loan. |
| LoanCommitmentDate | The date the mortgage loan commitment to the borrower was made. The loan commitment is a formal, binding offer from a lender that a specified amount of loan or line of credit will be made available to the named borrower at a certain interest rate, during a certain period and, usually, for a certain purpose. The commitment also specifies the terms and requirements under which the loan will be advanced.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". |
| LoanCommitmentExpirationDate | The date the mortgage loan commitment expires.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". |
| LoanCommitmentPeriodDaysCount | The number of days the mortgage loan commitment is in effect.A data type of Count SHOULD identify a non-negative number value that is a whole number with a maximum value of 2147483647. It SHALL NOT contain any punctuation.
EXAMPLE: A Total Bathroom Count for a dwelling unit with one full bathroom and one partial bathroom would be expressed as "2". |
| LoanEstimateWaitingPeriodWaivedIndicator | When true, indicates that upon receipt of the Loan Estimate, and due to a bona fide personal financial emergency, the consumer modified or waived the seven-business-day waiting period that must be met prior to consummation of the mortgage loan transaction.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". |
| LoanFundingDate | The date the loan funds were released from the original lender to the closing agent for disbursement to the borrower.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". |
| LoanLevelCreditScoreIndicator | When true, indicates that the loan level credit score was used for decisioning of the loan.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". |
| LoanRepaymentType | Specifies whether the loan payment schedule has been calculated to fully repay the loan over the mortgage term.Specifies whether the loan payment schedule has been calculated to fully repay the loan over the mortgage term. |
| LoanRepaymentTypeOtherDescription | A free-form text field used to collect additional information when Other is selected for Loan Repayment 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.". |
| LoanSaleFundingDate | The date the investor releases funds to the seller of the loan.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". |
| LoanSecuredByType | Specifies the type of collateral securing the loan.Specifies the type of collateral securing the loan. |
| LoanSecuredByTypeOtherDescription | A free-form text field used to collect additional information when Other is selected for Loan Secured 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.". |
| LoanSecuredIndicator | When true, indicates that the loan is secured by some type of collateral.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". |
| LoanSellerProvidedInvestmentRatingDescription | The widely-recognized alpha code (e.g., AA, A, B, etc.) provided by the seller which specifies the credit risk class of a financial asset (e.g. a loan or mortgage backed security).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.". |
| LostNoteAffidavitIndicator | Indicates whether or not a lost note affidavit (LNA) is associated with the loan.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". |
| MICoverageExistsIndicator | When true, indicates that the loan is covered by mortgage insurance.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". |
| MIRequiredIndicator | Indicates that Mortgage Insurance is or was required as a condition for originating the loan.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". |
| MortgageModificationIndicator | Indicates that a loan modification exists.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". |
| NegativeAmortizationIndicator | When true, indicates that the loan terms allow unpaid interest to be added to the principal of the loan that can or will result in negative amortization.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". |
| OpenEndCreditIndicator | When true, indicates that the loan or the application is for an open end loan, also known as a line of credit.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". |
| OriginalLoanStandardEscrowProvisionsIndicator | When true indicates the original loan documents included standard Fannie Mae/Freddie Mac Uniform Instrument provisions for escrow items.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". |
| OverdueInterestAmount | The dollar amount of interest accrued but not yet paid for Daily Simple Interest loans. This interest is considered overdue interest and is paid first when a payment is applied.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". |
| PaymentIncreaseIndicator | When true, indicates that the payments on the loan can increase after the closing.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". |
| PiggybackLoanIndicator | Indicates a second lien being carried under the same loan number as a first mortgage. Generally one mortgage is covered by two notes and the borrower makes one combined payment.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". |
| PoolIdentifier | The unique identifier for a group or pool of loans. May include relevant prefix and suffix when not parsed into applicable fields. See Pool Prefix Identifier or Pool Suffix Identifier.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". |
| PoolIssueDate | The date a mortgage backed security is issued to investors.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". |
| PoolPrefixIdentifier | The prefix associated with the pool identifier.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". |
| PrepaymentPenaltyIndicator | Indicates whether the loan includes a penalty charged to the borrower in the event of prepayment.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". |
| PrepaymentPenaltyWaivedIndicator | Indicates that the prepayment penalty has been waived.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". |
| PrepaymentRestrictionIndicator | Indicates whether the loan has any restrictions on the prepayment of the loan (i.e. paying off the principal and or interest at a rate faster than prescribed by the payment schedule).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". |
| PropertiesFinancedByLenderCount | Case or loan level count of properties already financed by this lender for the borrower(s) named on the loan application. Does not include subject propertyA data type of Count SHOULD identify a non-negative number value that is a whole number with a maximum value of 2147483647. It SHALL NOT contain any punctuation.
EXAMPLE: A Total Bathroom Count for a dwelling unit with one full bathroom and one partial bathroom would be expressed as "2". |
| PropertyInspectionWaiverIndicator | Indicates whether a documented inspection of the property has been waived.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". |
| QualifiedMortgageIndicator | When true, indicates the loan is determined to be a qualified mortgage under Regulation Z requirements.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". |
| RecoverableCorporateAdvanceBalanceFromBorrowerAmount | Monies advanced on the loan (i.e. delinquency expense, tax penalty, repairs, etc.) that are recoverable from the borrower.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". |
| RecoverableCorporateAdvanceBalanceFromThirdPartyAmount | Monies advanced on the loan (i.e. delinquency expense, tax penalty, repairs, etc.) that are recoverable from a third party.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". |
| RefundOfOverpaidInterestCalendarYearAmount | The amount of overpaid interest refunded to the borrower for the calendar year.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". |
| RegulationZHighCostLoanIndicator | When true, indicates the loan is determined to be high cost under Regulation Z.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". |
| RelocationLoanIndicator | Indicates if the loan is part of a corporate relocation program.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". |
| RemainingUnearnedInterestAmount | The remaining amount of interest scheduled to be paid on a rule of 78s loan.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". |
| RenovationLoanIndicator | When true, indicates that all or part of the subject loan proceeds will be used to finance the renovation of an existing property.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". |
| RESPAConformingYearType | A value from a MISMO prescribed list that represents the version of RESPA regulation under which the loan was originated.A value from a MISMO prescribed list that represents the version of RESPA regulation under which the loan was originated. |
| RESPAConformingYearTypeOtherDescription | A free-form text field that specifies the enumeration when the value of Other is used for the RESPA Conforming Year 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.". |
| ReverseMortgageIndicator | When true, indicates the loan program uses present equity in the property to fund payments from the lender to the borrower-in lieu of the borrower receiving the proceeds of the loan in a lump sum. As a general rule no payments are made from the borrower to the lender and interest is accrued for payment at the end of the mortgage.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". |
| RightOfRescissionWaitingPeriodWaivedIndicator | When true, indicates that due to a bona fide personal financial emergency, the consumer modified or waived the right to rescind waiting period requirement that must be met prior to consummation of the mortgage loan transaction.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". |
| SCRAIndicator | When true, indicates that the loan is subject to the Servicemembers Civil Relief Act (SCRA).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". |
| SCRAReliefForbearanceRequestedIndicator | When true indicates that relief under Servicemember Civil Relief Act (SCRA) has been requested.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". |
| SCRAReliefStatusType | Specifies the status of relief under the Servicemembers Civil Relief Act (SCRA) for any borrower on the loan.Specifies the status of relief under the Servicemembers Civil Relief Act (SCRA) for any borrower on the loan. |
| SCRAReliefStatusTypeOtherDescription | A free-form text field used to collect additional information when Other is selected as the Servicemember Relief Status 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.". |
| SeasonalPaymentFeatureDescription | Specifies the details of the seasonal payment feature, including the period during which periodic payments are not scheduled.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.". |
| SeasonalPaymentFeatureIndicator | When true, indicates the loan contains a seasonal payment feature.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". |
| ServicingTransferProhibitedIndicator | When true, indicates that the transfer of servicing is prohibited during life of the loan or for a designated period of time or until a certain event or condition is satisfied.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". |
| ServicingTransferStatusType | Defines whether the servicing on the loan will be retained or transferred to another party. Typically only on closed loans.Defines whether the servicing on the loan will be retained or transferred to another party. Typically only on closed loans. |
| SharedAppreciationIndicator | Indicates the loan is one in which the lender, in exchange for a loan with a favorable interest rate, participates in the profits (if any) the borrow receives when the property is eventually sold.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". |
| SharedEquityIndicator | Indicates the mortgage is for resale-restricted, owner-occupied housing in which the rights, responsibilities, and benefits of residential property ownership are shared between individual homeowners and another party.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". |
| SignedAuthorizationToRequestTaxRecordsIndicator | Indicates that the IRS form (4506 or 4506T) that gives the lender the authority to request copies of tax records is present.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". |
| StepPaymentsFeatureDescription | Specifies the details of the step payments feature, including the period during which periodic payments are scheduled to increase.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.". |
| TaxRecordsObtainedIndicator | Indicates that the IRS form (4506 or 4506T) that gives the lender the authority to request copies of tax records has been executed by the lender.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". |
| TimelyPaymentRateReductionIndicator | Flag indicating if the loan is eligible for a rate reduction if payments are received in a timely manner.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". |
| TotalMortgagedPropertiesCount | The number of 1-4 unit properties that are financed and owned and/or obligated on by the borrower(s). A jointly owned/obligated property by multiple borrowers would count only once.A data type of Count SHOULD identify a non-negative number value that is a whole number with a maximum value of 2147483647. It SHALL NOT contain any punctuation.
EXAMPLE: A Total Bathroom Count for a dwelling unit with one full bathroom and one partial bathroom would be expressed as "2". |
| TotalSalesConcessionAmount | The sum total dollar amount of the value of all sales concessions granted by an interested party including such items as furniture, carpeting, decorator allowances, automobiles, vacations, securities, giveaways or other sales incentivesA 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". |
| TotalSubordinateFinancingAmount | The total amount of subordinate financing associated with the loan.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". |
| WarehouseLenderIndicator | An indicator denoting whether a Warehouse Bank is involved in the mortgage loan transaction through a relationship with the lender.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". |
| WorkoutActiveIndicator | When true, indicates that the loan is actively in the workout process.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". |