| AbilityToRepayInterestRateDebtExpenseRatioPercent | The ratio of all debt payments of the borrowers, including proposed housing expenses, to the qualifying income of the borrowers (back-end ratio) based on the note interest rate.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". |
| AbilityToRepayMethodType | Specifies the method by which the creditor satisfied Regulation Z Ability-to-Repay requirements.Specifies the method by which the creditor satisfied Regulation Z Ability-to-Repay requirements. |
| EXTENSION | |
| PortfolioPeriodEffectiveMonthsCount | The number of months after the loan was consummated that the originating lender has held or serviced the loan.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". |
| PresumptionOfComplianceType | Specifies creditor is presumed to have complied with Regulation Z (12 CFR Part 1026.43(e)(1)) with respect to a transaction.Specifies creditor is presumed to have complied with Regulation Z (12 CFR Part 1026.43(e)(1)) with respect to a transaction. |
| QualifiedMortgageHighestRateDebtExpenseRatioPercent | The ratio of all debt payments of the borrowers, including proposed housing expenses, to the qualifying income of the borrowers (back-end ratio) based on the highest interest rate that may apply during the first five years of principal and interest payments. Specific to Qualified Mortgage only.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". |
| QualifiedMortgageMinimumRequiredFICOScoreValue | Specifies the minimum FICO Score required for purposes of determining if the loan is exempt from Ability To Repay.A data type of Value SHOULD identify a data point that is a String generated as the result of applying an algorithm to other data and MAY have AlgorithmURI and lang attributes.
EXAMPLE: A Delivery Point Bar Code Value could be expressed as "20500999901". |
| QualifiedMortgageTemporaryGSEType | Specifies the GSE Guidelines by which Temporary Qualified Mortgage eligibility was determined.Specifies the GSE Guidelines by which Temporary Qualified Mortgage eligibility was determined. |
| QualifiedMortgageTotalPointsAndFeesThresholdAmount | The total amount of points and fees dollar amount limit established by Regulation Z, Truth in Lending. This amount is used in calculations for Qualified Mortgage purposes.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". |
| QualifiedMortgageTotalPointsAndFeesThresholdPercent | The total amount of points and fees percentage limit established by Regulation Z, Truth in Lending. This amount is used in calculations for Qualified Mortgage purposes.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". |
| QualifiedMortgageType | A value from a MISMO prescribed list that specifies the specific standard used to satisfy Regulation Z Qualified Mortgage standards.A value from a MISMO prescribed list that specifies the specific standard used to satisfy Regulation Z Qualified Mortgage standards. |
| QualifiedMortgageTypeOtherDescription | A free-form text field that specifies the enumeration when the value of Other is used for Qualified Mortgage 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.". |
| SafeHarborThresholdAmount | Calculated amount required as a component in specifying the presumption of compliance type.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". |