element BALLOON

element {}BALLOON

Abstractfalse (This can be used in an instance)
Nillablefalse (Instance values cannot use xsi:nil)
Declared Namespacesxmlns:xsd=http://www.w3.org/2001/XMLSchema


Source

<xsd:element name="BALLOON">
    <
xsd:annotation>
        <
xsd:documentation xml:lang="en">Information specific to balloon loan status and options allowed at Balloon Maturity date. On a balloon loan product, the established principal and interest is insufficient to pay the loan off at maturity so a large principal balance is due. Options at Balloon Maturity include refinance, roll-over to other financing, payoff required.</xsd:documentation>
    </
xsd:annotation>
    <
xsd:complexType>
        <
xsd:sequence>
            <
xsd:element ref="BALLOON_CONVERSION_OPTION" minOccurs="0" maxOccurs="unbounded"/>
        </
xsd:sequence>
        <
xsd:attribute name="ID" type="xsd:ID" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">Provides a unique Identifier for this container and a means by which to reference this container from within this data set</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3214" use="optional">
            <
xsd:simpleType>
                <
xsd:annotation>
                    <
xsd:documentation xml:lang="en">Indicates the type of convertible option that is tied to a balloon mortgage.</xsd:documentation>
                </
xsd:annotation>
                <
xsd:restriction base="xsd:string">
                    <
xsd:enumeration value="Straight"/>
                    <
xsd:enumeration value="Reset"/>
                    <
xsd:enumeration value="Convertible"/>
                    <
xsd:enumeration value="None"/>
                </
xsd:restriction>
            </
xsd:simpleType>
        </
xsd:attribute>
        <
xsd:attribute name="D3215" use="optional">
            <
xsd:simpleType>
                <
xsd:annotation>
                    <
xsd:documentation xml:lang="en">The rounding method used on the result of the index + margin calc.</xsd:documentation>
                </
xsd:annotation>
                <
xsd:restriction base="xsd:string">
                    <
xsd:enumeration value="Up"/>
                    <
xsd:enumeration value="Down"/>
                    <
xsd:enumeration value="Nearest"/>
                    <
xsd:enumeration value="LimitedPaymentOption"/>
                    <
xsd:enumeration value="DoNotRound"/>
                </
xsd:restriction>
            </
xsd:simpleType>
        </
xsd:attribute>
        <
xsd:attribute name="D3216" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The rounding percentage used on the result of the index + margin calc (I.e. 1/8, 1/16)</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
    </
xsd:complexType>
</
xsd:element>


Documentation

Information specific to balloon loan status and options allowed at Balloon Maturity date.  On a balloon loan product, the established principal and interest is insufficient to pay the loan off at maturity so a large principal balance is due.  Options at Balloon Maturity include refinance, roll-over to other financing, payoff required.


element BALLOON


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