| EXTENSION | |
| LoanNegativeAmortizationResolutionType | Denotes the method of resolving a loan that has reached the negative amortization limit percent.Denotes the method of resolving a loan that has reached the negative amortization limit percent. |
| LoanNegativeAmortizationResolutionTypeOtherDescription | A free-form text field used to collect additional information when Other is selected for Loan Negative Amortization Resolution 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.". |
| MaximumPrincipalBalanceAmount | The stated maximum principal balance allowed if negative amortization occurs.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". |
| NegativeAmortizationLimitAmount | Specifies the maximum dollar amount of negative amortization that is allowed before it is required to recalculate the fully amortizing payment based on the new loan balance.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". |
| NegativeAmortizationLimitMonthsCount | The limit (in months) during which negative amortization is allowed and after which the loan is re-amortized.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". |
| NegativeAmortizationLimitPercent | The maximum percentage of the original principal balance allowed for negative amortization.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". |
| NegativeAmortizationMaximumLoanBalanceAmount | Then maximum loan balance with accrued increase from negative amortization. (The initial loan amount plus any balance increase that may accrue from the negative amortization provision).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". |
| NegativeAmortizationMaximumPITIAmount | The PITI used to qualify the borrower for negative amortizing loan, calculated using the Negative Amortization Maximum Loan Balance.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". |
| NegativeAmortizationRecastType | Indicates the condition that will cause a mortgage to be recalculated as positively amortizing without any future negative amortization.Indicates the condition that will cause a mortgage to be recalculated as positively amortizing without any future negative amortization. |
| NegativeAmortizationType | Specifies whether negative amortization is scheduled or potential on the loan. Negative amortization is unpaid interest added to the mortgage principal. This applies to loans where the principal balance increases because the payments do not cover the interest.Specifies whether negative amortization is scheduled or potential on the loan. Negative amortization is unpaid interest added to the mortgage principal. This applies to loans where the principal balance increases because the payments do not cover the interest. |