PAYMENT_RULE 
EntityType  Dependent 
Logical Entity Name  PAYMENT_RULE 
Default Table Name  DEAL/SERVICES/SERVICE/CREDIT/CREDIT_RESPONSE/LOANS/LOAN/PAYMENT/PAYMENT_RULE 
Definition   
Note 
 

PAYMENT_RULE Attributes 
Attribute/Logical Rolename  Domain  Datatype  NULL  Definition 
CurtailmentApplicationSequenceType  CurtailmentApplicationSequenceEnum  VARCHAR(0)  YES  Specifies the order in which unscheduled principal payments are applied relative to the scheduled payment.
 
FinalPaymentAmount  MISMOAmount  DECIMAL(0, 2)  NO  The amount of the final scheduled payment. (This is a calculated results field.) 
FirstPrincipalReductionDate  MISMODate  DATE  NO  The date of the first scheduled payment that will reduce the UPB. 
InitialInterestOnlyPaymentAmount  MISMOAmount  DECIMAL(0, 2)  NO  The dollar amount of the the initial interest payment for interest only loans. 
InitialPaymentRatePercent  MISMOPercent  DECIMAL(0, 2)  NO  The effective payment rate, expressed as a percent, at which the borrower is making payments such as the effective first annual payment rate on a temporarily bought down loan. 
InitialPITIPaymentAmount  MISMOAmount  DECIMAL(0, 2)  NO  The total monthly amount of the loan payment to be made by the borrower as disclosed on the Initial Escrow Account Disclosure, including principal and interest and all monthly escrow payment amounts. FORM SPECIFIC FIELD 
InitialPrincipalAndInterestAndMIMonthlyPaymentAmount  MISMOAmount  DECIMAL(0, 2)  NO  The dollar amount of the initial monthly payment including principal, interest, and mortgage insurance. For example, the amount identified as the initial monthly payment amount on the GFE. 
InitialPrincipalAndInterestPaymentAmount  MISMOAmount  DECIMAL(0, 2)  NO  The dollar amount of the principal and interest payment as stated on the Note. The principal and interest payment is usually obtained using the loan amount and interest rate to arrive at full amortization during the loan term. 
InitialTaxAndInsurancePaymentAmount  MISMOAmount  DECIMAL(0, 2)  NO  Net taxes and insurance Payment (excluding Optional Insurance) to be collected on a monthly basis. This includes any Mortgage Insurance, all taxes and property casualty that are escrowed. 
LoanPaymentAccumulationAmount  MISMOAmount  DECIMAL(0, 2)  NO  The minimum dollar amount that must be applied in order to advance the last paid installment date. This may be applicable to Title I daily simple interest loans. 
PaymentBillingMethodType  PaymentBillingMethodEnum  VARCHAR(0)  YES  Identifies the method used by the servicer to notify the mortgagor to remit the mortgage payment.
 
PaymentBillingStatementFrequencyType  PaymentBillingStatementFrequencyEnum  VARCHAR(0)  YES  Identifies the frequency that statements are sent to the borrower.
 
PaymentBillingStatementLeadDaysCount  MISMOCount  INTEGER  NO  The number of days between the billing statement date and the payment due date. 
PaymentFrequencyType  PaymentFrequencyEnum  VARCHAR(0)  YES  Specifies the frequency of the mortgage payment.
 
PaymentFrequencyTypeOtherDescription  MISMOString  VARCHAR(0)  NO  A free-form text field used to capture the payment frequency type if Other is selected as the payment frequency. 
PaymentOptionIndicator  MISMOIndicator  BIT  NO  Specifies that the loan instrument allows the borrower(s) to determine and change on a month-to-month basis the amount of any payment to be paid on the loan for a specified period of time. 
PaymentRemittanceDay  MISMODay  DATE  NO  The day of the month on which the loan payment is to be remitted under the terms of the Mortgage. 
ScheduledAnnualPaymentCount  MISMOCount  INTEGER  NO  The number of payments the borrower is expected to make per year. 
ScheduledFirstPaymentDate  MISMODate  DATE  NO  The date of the first scheduled mortgage payment to be made by the borrower under the terms of the mortgage. 
ScheduledTotalPaymentCount  MISMOCount  INTEGER  NO  The total number of payments the borrower is expected to make over the course of the loan. 
ThirdPartyInvestorFeePassThroughPercent  MISMOPercent  DECIMAL(0, 2)  NO  The percentage of fees paid by the borrower that are passed through to a third party investor. 
ThirdPartyInvestorInterestPassThroughPercent  MISMOPercent  DECIMAL(0, 2)  NO  The percentage of interest payments made by the borrower that are passed through to a third party investor. 
ThirdPartyInvestorPrincipalPassThroughPercent  MISMOPercent  DECIMAL(0, 2)  NO  The percentage of principal payments made by the borrower that are passed through to a third party investor. 

PAYMENT_RULE Keys 
Key Name  Key Type  Keys 

PAYMENT_RULE Relationships 
Parent Relationships: 
Entity Name  Type  Cardinality  Business Name  VerbPhrase  InversePhrase  Foreign Keys  Is Supertype 
PAYMENT  Identifying  One to Zero or One          NO 
Child Relationships: 
Entity Name  Type  Cardinality  Business Name  VerbPhrase  InversePhrase  Foreign Keys  Is Subtype 

PAYMENT_RULE Check Constraints 
Check Constraint Name  CheckConstraint 

PAYMENT_RULE Bound Attachments 
Name  Current Value 

PAYMENT_RULE User-Defined Mappings 
Model  Name  Description 

PAYMENT_RULE Data Movement Rules 
Name  Type  Rule Text/Value