complexType AUS_ARM_Type

complexType {}AUS_ARM_Type

Abstractfalse (This can be used in an instance)
Declared Namespacesxmlns:mismo=http://mismo.org/schema
xmlns:xs=http://www.w3.org/2001/XMLSchema


Source

<xs:complexType name="AUS_ARM_Type">
    <
xs:sequence/>
    <
xs:attribute name="_ID" type="xs:ID"/>
    <
xs:attribute name="_IndexCurrentValuePercent" type="AUS_MISMONumeric">
        <
xs:annotation>
            <
xs:documentation>#DOCUMENTATION:ARM-020 Numeric</xs:documentation>
            <
xs:documentation>The current value of the financial index used to calculate the interest rate for an adjustable rate mortgage.</xs:documentation>
            <
xs:appinfo>
                <
mismo:DATATYPE>Numeric</mismo:DATATYPE>
                <
mismo:CONTEXT>ARM, Loan Current State</mismo:CONTEXT>
                <
mismo:PROCESSES>
                    <
mismo:PROCESS_AREA>Secondary Delivery</mismo:PROCESS_AREA>
                    <
mismo:PROCESS_AREA>AUS</mismo:PROCESS_AREA>
                </
mismo:PROCESSES>
                <
mismo:LDD_NAME>ARM Index Current Value Percent</mismo:LDD_NAME>
            </
xs:appinfo>
        </
xs:annotation>
    </
xs:attribute>
    <
xs:attribute name="_IndexMarginPercent" type="AUS_MISMONumeric">
        <
xs:annotation>
            <
xs:documentation>#DOCUMENTATION:ARM-040 Numeric</xs:documentation>
            <
xs:documentation>The percentage stated in the loan program representing the spread between the ARM Index value and the mortgage interest rate. The gross mortgage margin is added to the index value to establish a new gross interest rate in the manner described by the calcu</xs:documentation>
            <
xs:appinfo>
                <
mismo:DATATYPE>Numeric</mismo:DATATYPE>
                <
mismo:CONTEXT>ARM</mismo:CONTEXT>
                <
mismo:PROCESSES>
                    <
mismo:PROCESS_AREA>AUS</mismo:PROCESS_AREA>
                </
mismo:PROCESSES>
                <
mismo:LDD_NAME>ARM Index Margin Percent</mismo:LDD_NAME>
            </
xs:appinfo>
        </
xs:annotation>
    </
xs:attribute>
    <
xs:attribute name="_IndexType" type="AUS_ARMIndexTypeEnumerated">
        <
xs:annotation>
            <
xs:documentation>#DOCUMENTATION:ARM-030 Enumerated</xs:documentation>
            <
xs:documentation>Specifies the type of index to be used to determine the interest rate at each adjustment.</xs:documentation>
            <
xs:appinfo>
                <
mismo:DATATYPE>Enumerated</mismo:DATATYPE>
                <
mismo:CONTEXT>ARM</mismo:CONTEXT>
                <
mismo:PROCESSES>
                    <
mismo:PROCESS_AREA>AUS</mismo:PROCESS_AREA>
                    <
mismo:PROCESS_AREA>Secondary Pricing</mismo:PROCESS_AREA>
                </
mismo:PROCESSES>
                <
mismo:LDD_NAME>ARM Index Type</mismo:LDD_NAME>
            </
xs:appinfo>
        </
xs:annotation>
    </
xs:attribute>
    <
xs:attribute name="_QualifyingRatePercent" type="AUS_MISMONumeric">
        <
xs:annotation>
            <
xs:documentation>#DOCUMENTATION:ARM-050 Numeric</xs:documentation>
            <
xs:documentation>The rate used to calculate the borrowers PITI to qualify the borrower for the subject mortgage for ARM loans.</xs:documentation>
            <
xs:appinfo>
                <
mismo:DATATYPE>Numeric</mismo:DATATYPE>
                <
mismo:CONTEXT>ARM</mismo:CONTEXT>
                <
mismo:PROCESSES>
                    <
mismo:PROCESS_AREA>AUS</mismo:PROCESS_AREA>
                </
mismo:PROCESSES>
                <
mismo:LDD_NAME>ARM Qualifying Rate Percent</mismo:LDD_NAME>
            </
xs:appinfo>
        </
xs:annotation>
    </
xs:attribute>
    <
xs:attribute name="_ConversionOptionIndicator" type="AUS_MISMOIndicatorType">
        <
xs:annotation>
            <
xs:documentation>added to AUS 2.2. Boolean</xs:documentation>
            <
xs:documentation>Indicates whether the adjustable rate mortgage (ARM) has the option to convert to a fixed rate mortgage.</xs:documentation>
            <
xs:appinfo>
                <
mismo:DATATYPE>Boolean</mismo:DATATYPE>
                <
mismo:CONTEXT>ARM</mismo:CONTEXT>
                <
mismo:PROCESSES>
                    <
mismo:PROCESS_AREA>AUS</mismo:PROCESS_AREA>
                </
mismo:PROCESSES>
                <
mismo:LDD_NAME>ARM Conversion Option Indicator</mismo:LDD_NAME>
            </
xs:appinfo>
        </
xs:annotation>
    </
xs:attribute>
    <
xs:attribute name="PaymentAdjustmentLifetimeCapAmount" type="AUS_MISMOMoney">
        <
xs:annotation>
            <
xs:documentation>#DOCUMENTATION:LNC-170 Money</xs:documentation>
            <
xs:documentation>The maximum dollar amount increase to the original principal and interest payment allowed during the life of the loan.</xs:documentation>
            <
xs:appinfo>
                <
mismo:DATATYPE>Money</mismo:DATATYPE>
                <
mismo:CONTEXT>ARM, Principal And Interest Payment Lifetime Adjustment Rule</mismo:CONTEXT>
                <
mismo:PROCESSES>
                    <
mismo:PROCESS_AREA>Secondary Delivery</mismo:PROCESS_AREA>
                    <
mismo:PROCESS_AREA>Servicing</mismo:PROCESS_AREA>
                    <
mismo:PROCESS_AREA>AUS</mismo:PROCESS_AREA>
                    <
mismo:PROCESS_AREA>Servicing Transfer</mismo:PROCESS_AREA>
                </
mismo:PROCESSES>
                <
mismo:LDD_NAME>Payment Adjustment Lifetime Cap Amount</mismo:LDD_NAME>
            </
xs:appinfo>
        </
xs:annotation>
    </
xs:attribute>
    <
xs:attribute name="PaymentAdjustmentLifetimeCapPercent" type="AUS_MISMONumeric">
        <
xs:annotation>
            <
xs:documentation>#DOCUMENTATION:LNC-160 Numeric</xs:documentation>
            <
xs:documentation>The maximum percentage of the payment increase allowed during the life of the loan. Expressed as percentage of the payment amount.</xs:documentation>
            <
xs:appinfo>
                <
mismo:DATATYPE>Numeric</mismo:DATATYPE>
                <
mismo:CONTEXT>ARM, Principal And Interest Payment Lifetime Adjustment Rule</mismo:CONTEXT>
                <
mismo:PROCESSES>
                    <
mismo:PROCESS_AREA>Secondary Delivery</mismo:PROCESS_AREA>
                    <
mismo:PROCESS_AREA>Servicing</mismo:PROCESS_AREA>
                    <
mismo:PROCESS_AREA>AUS</mismo:PROCESS_AREA>
                    <
mismo:PROCESS_AREA>Servicing Transfer</mismo:PROCESS_AREA>
                </
mismo:PROCESSES>
                <
mismo:LDD_NAME>Payment Adjustment Lifetime Cap Percent</mismo:LDD_NAME>
            </
xs:appinfo>
        </
xs:annotation>
    </
xs:attribute>
    <
xs:attribute name="RateAdjustmentLifetimeCapPercent" type="AUS_MISMONumeric">
        <
xs:annotation>
            <
xs:documentation>#DOCUMENTATION:LNC-150 Numeric</xs:documentation>
            <
xs:documentation>The maximum percentage (cap) of the rate increase allowed for the entire life of the loan, if the interest rate on the subject loan can change.</xs:documentation>
            <
xs:appinfo>
                <
mismo:DATATYPE>Numeric</mismo:DATATYPE>
                <
mismo:CONTEXT>ARM</mismo:CONTEXT>
                <
mismo:PROCESSES>
                    <
mismo:PROCESS_AREA>AUS</mismo:PROCESS_AREA>
                </
mismo:PROCESSES>
                <
mismo:LDD_NAME>Rate Adjustment Lifetime Cap Percent</mismo:LDD_NAME>
            </
xs:appinfo>
        </
xs:annotation>
    </
xs:attribute>
    <
xs:attribute name="_IndexTypeOtherDescription" type="xs:string">
        <
xs:annotation>
            <
xs:documentation>Added in AUS 2.4</xs:documentation>
            <
xs:documentation>A free-form text field used to collect additional information or a description of the ARM index, used when Other is selected for the attribute ARM Index Type.</xs:documentation>
            <
xs:appinfo>
                <
mismo:DATATYPE>String</mismo:DATATYPE>
                <
mismo:CONTEXT>Loan Product</mismo:CONTEXT>
                <
mismo:PROCESSES>
                    <
mismo:PROCESS_AREA>Secondary Pricing</mismo:PROCESS_AREA>
                    <
mismo:PROCESS_AREA>AUS</mismo:PROCESS_AREA>
                </
mismo:PROCESSES>
                <
mismo:LDD_NAME>ARM Index Type Other Description</mismo:LDD_NAME>
            </
xs:appinfo>
        </
xs:annotation>
    </
xs:attribute>
</
xs:complexType>


complexType AUS_ARM_Type


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