element INTEREST_RATE_CONVERSION_ADJUSTMENT

element {}INTEREST_RATE_CONVERSION_ADJUSTMENT

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="INTEREST_RATE_CONVERSION_ADJUSTMENT">
    <
xsd:annotation>
        <
xsd:documentation xml:lang="en">Information specific to the option to convert an ARM loan to a fixed rate loan and the calculation of the fixed interest rate interest rate at time of conversion. Information also includes the current status of the borrower's conversion option(s).</xsd:documentation>
    </
xsd:annotation>
    <
xsd:complexType>
        <
xsd:sequence>
            <
xsd:element ref="INTEREST_RATE_CONVERSION_LIFETIME_ADJUSTMENT_RULE" minOccurs="0"/>
            <
xsd:element ref="INTEREST_RATE_CONVERSION_OPTION_PERIOD_ADJUSTMENT_RULE" 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="D3477" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The last payment change date on which a conversion option will be available.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3478" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The next payment due date on which a conversion option notice will be sent as a courtesy for a demand convertible loan.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3479" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The next payment due date for which the mortgage has the option to convert to a fixed rate loan.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3480" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The date the next conversion option notice is due to be sent.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3481" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The original payment due date for which the mortgage has the option to convert to a fixed-rate loan.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
    </
xsd:complexType>
</
xsd:element>


Documentation

Information specific to the option to convert an ARM loan to a fixed rate loan and the calculation of the fixed interest rate interest rate at time of conversion.  Information also includes the current status of the borrower's conversion option(s).


element INTEREST_RATE_CONVERSION_ADJUSTMENT


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