| Attribute/Logical Rolename |
Domain |
Datatype |
NULL |
Definition |
| SequenceNumber |
XSD:Integer |
INTEGER |
YES |
An integer value used to provide an order to multi-instance sibling elements. The value must be unique for each sibling element. |
| AdjustmentRuleType |
AdjustmentRuleEnum |
VARCHAR(0) |
YES |
Specifies whether the occurrence of the adjustment is the first change or a subsequent change
|
| NoInterestRateCapsFeatureDescription |
MISMOString |
VARCHAR(0) |
NO |
A description of any interest rate calculation period that ignores per change, periodic or lifetime interest rate limits. |
| PaymentsBetweenRateChangeNoticesCount |
MISMOCount |
INTEGER |
NO |
The number of payment periods between interest rate change dates that notices are generated, if notices are not sent to the mortgagor for every change. If a loans interest rate changes every month but notices are only mailed once a year, 12 will be entere |
| PaymentsBetweenRateChangesCount |
MISMOCount |
INTEGER |
NO |
The number of payments between rate changes. |
| PaymentsToFirstInterestRateValueCount |
MISMOCount |
INTEGER |
NO |
The number of payments from the interest rate change payment due date to the date of the first interest rate to be used if the rate averaging is applicable. |
| PerChangeCeilingRatePercent |
MISMOPercent |
DECIMAL(0, 2) |
NO |
The stated maximum, expressed as a percent, to which the interest rate can increase to in this adjustment period. |
| PerChangeFactorOfIndexPercent |
MISMOPercent |
DECIMAL(0, 2) |
NO |
The percentage by which the new index is multiplied to arrive at a new interest rate. Most commonly used for Fannie Mae STABLE ARM products. |
| PerChangeFloorRatePercent |
MISMOPercent |
DECIMAL(0, 2) |
NO |
The stated minimum, expressed as a percent, to which the interest rate can decrease to in this adjustment period. |
| PerChangeInterestRateRoundingTimingType |
PerChangeInterestRateRoundingTimingEnum |
VARCHAR(0) |
YES |
Describes when the rate is rounded relative to checking other rules.
|
| PerChangeMaximumDecreaseRatePercent |
MISMOPercent |
DECIMAL(0, 2) |
NO |
The maximum number of percentage points by which the rate can decrease from the previous interest rate. |
| PerChangeMaximumIncreaseRatePercent |
MISMOPercent |
DECIMAL(0, 2) |
NO |
The maximum number of percentage points by which the rate can increase from the previous interest rate. |
| PerChangeMinimumDecreaseRatePercent |
MISMOPercent |
DECIMAL(0, 2) |
NO |
The smallest calculated interest rate decrease in a single adjustment period that requires an interest rate change. If the decrease is less than this percentage, then the interest rate will not change at the time of calculation. |
| PerChangeMinimumIncreaseRatePercent |
MISMOPercent |
DECIMAL(0, 2) |
NO |
The smallest calculated interest rate increase in a single adjustment period that requires an interest rate change. If the increase is less than this percentage, then the interest rate will not change at the time of calculation. |
| PerChangeRateAdjustmentCalculationMethodDescription |
MISMOString |
VARCHAR(0) |
NO |
Indicates how interest rate changes are to be calculated. |
| PerChangeRateAdjustmentEffectiveDate |
MISMODate |
DATE |
NO |
The date when the interest rate per change adjustment rule first becomes applicable. The per change rule remains in effect unless another per change rule with a later date is present on the loan. |
| PerChangeRateAdjustmentEffectiveMonthsCount |
MISMOCount |
INTEGER |
NO |
The period of time, expressed in months, that the Interest Rate Per Change Adjustment Rule is in effect. |
| PerChangeRateAdjustmentFrequencyMonthsCount |
MISMOCount |
INTEGER |
NO |
The number of months between rate adjustments, if the interest rate on the subject loan can change. |
| PerChangeRateAdjustmentPaymentsCount |
MISMOCount |
INTEGER |
NO |
The number of payments for which the Interest Rate Per Change Adjustment Rule is applicable. |