| EXTENSION | |
| MIPremiumTaxCodeAmount | To convey the type of premium tax amount(State, Municipal or County).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". |
| MIPremiumTaxCodePercent | To convey the premium tax percent to be applied to the MI Premium Amount to compute the premium tax due amount for the specified term.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". |
| MIPremiumTaxCodeType | To convey the type of premium tax (State, Municipal or County).To convey the type of premium tax (State, Municipal or County). |
| MIPremiumTaxingAuthorityName | The name of taxing authority for the premium tax.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.". |
| PaymentIncludedInAPRIndicator | When true, indicates fee is to be included in APR calculations.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". |
| PaymentIncludedInJurisdictionHighCostIndicator | When true, indicates the amount of the payment is included in the points and fees calculation appropriated to the jurisdiction of the subject 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". |
| RegulationZPointsAndFeesIndicator | When true, indicates that item is included in the Regulation Z Points and Fees calculation.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". |