MISMO element LOAN_PRODUCT_AND

Abstract	false (This can be used in an instance)
Nillable	false (Instance values cannot use xsi:nil)
Declared Namespaces	xmlns:xsd=http://www.w3.org/2001/XMLSchema

<xsd:element name="LOAN_PRODUCT_AND_PRICING">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">A set of information concerning the terms and conditions associated with a price request.</xsd:documentation>
    </xsd:annotation>
    <xsd:complexType>
        <xsd:sequence>
            <xsd:element ref="LOAN_PRODUCT" minOccurs="0" maxOccurs="unbounded"/>
            <xsd:element ref="PRICE_LOCK" minOccurs="0" maxOccurs="unbounded"/>
            <xsd:element ref="PRICING_LOAN_DATA" minOccurs="0" maxOccurs="unbounded"/>
        </xsd:sequence>
        <xsd:attribute name="LoanProductAndPricingID" use="optional" type="xsd:ID">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">Provides a unique Identifier for this container</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="DocumentDeliverytype" use="optional">
            <xsd:simpleType>
                <xsd:annotation>
                    <xsd:documentation xml:lang="en">Specifies the method for delivering the information and documents.</xsd:documentation>
                </xsd:annotation>
                <xsd:restriction base="xsd:string">
                    <xsd:enumeration value="PaperDirect">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">Paper Direct: Loan documents will be delivered directly to the investor.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="PaperCustodian">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">Paper Custodian: Loan documents and will be delivered to a designated custodian.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="Mixed">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">Mixed: Loan information sent by electronic means in parallel with a shipment of paper documents.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="Electronic">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">Electronic: Loan information and documets will be delivered in an electronic form.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="SMARTDocument">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">SMARTDocument: Loan information and documents will be delivered in a SMARTDocument format.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="Other"/>
                </xsd:restriction>
            </xsd:simpleType>
        </xsd:attribute>
        <xsd:attribute name="DocumentDeliverytypeOtherDescription" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">A free-form text field used to collect additional information or a description of the Document DeliveryType used when Other is selected as the value for Document DeliveryType.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="InvestorGuarantyFeeRate" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The investor guaranty fee rate after applying all adjustments to the guaranty fee, such as buyup/buydown. The investor guaranty fee is a portion of the interest on the loan that is paid to a party to guarantee the timely payment of interest and principal to the holders of securities backed by the loan.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="InvestorRemittanceType" use="optional">
            <xsd:simpleType>
                <xsd:annotation>
                    <xsd:documentation xml:lang="en">This describes the contractual accounting method used to calculate the funds received by the servicer from the borrower that are due to the investor.</xsd:documentation>
                </xsd:annotation>
                <xsd:restriction base="xsd:string">
                    <xsd:enumeration value="ActualActual">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">The servicer remits the actual interest net of servicing fees and actual principal collected from the borrower that is due to the investor.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="ScheduledActual">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">The servicer remits the scheduled interest (less servicing fees), regardless of actual collections from the borrower plus actual principal collected from borrowers that is due to the investor.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="ScheduledScheduled">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">The servicer remits the scheduled interest (less servicing fees) and the scheduled principal, regardless of actual collections from the borrower plus any unscheduled principal collected from the borrower that is due to the invester.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="Other"/>
                </xsd:restriction>
            </xsd:simpleType>
        </xsd:attribute>
        <xsd:attribute name="InvestorRemittanceTypeOtherDescription" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">A free-form text field used to capture the Investor Remittance Type if Other is selected.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="InvestorServiceFeeAmount" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The fixed dollar amount that is paid to the servicer by the investor for servicing the mortgage if the service fee is not expressed as a rate.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="InvestorServiceFeeRate" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The percentage of interest collected that is paid to the servicer by the investor for servicing the mortgage (gross).</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="LateDeliveryGraceDaysCount" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The number of days allowed for late delivery of the loan, beyond the scheduled delivery date.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="LoanPriceRequestType" use="optional">
            <xsd:simpleType>
                <xsd:annotation>
                    <xsd:documentation xml:lang="en">Denotes the type of price request, which entails the data that is passed, the processing that is required, and the information that is desired as a response.</xsd:documentation>
                </xsd:annotation>
                <xsd:restriction base="xsd:string">
                    <xsd:enumeration value="LoanOriginationPriceEstimate">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">A price estimate based on limited data, for origination purposes such as a prequalification.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="LoanOriginationPrice">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">A price based on full application data, for origination purposes.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="LoanSaleCommitmentPrice">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">A sale price estimate based on limited data, for loan sale purposes such as a commitment.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="LoanSaleDeliveryPrice">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">A price based on full loan delivery data, for sale purposes.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="Other"/>
                    <xsd:enumeration value="PriceLock">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">Create a price lock.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="PricesForAllProducts">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">Current prices for all available products.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="ProductInformation">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">Product descriptions and related information.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                    <xsd:enumeration value="SpecificProductPrice">
                        <xsd:annotation>
                            <xsd:documentation xml:lang="en">Current prices for specified products.</xsd:documentation>
                        </xsd:annotation>
                    </xsd:enumeration>
                </xsd:restriction>
            </xsd:simpleType>
        </xsd:attribute>
        <xsd:attribute name="LoanPriceRequestTypeOtherDescription" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">A free-form text field used to collect additional information or a description of the Price Request Type when Other is selected as the value.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="PriceRequestCommentText" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">A text comment describing a Price Request, its purpose, or other information that the requestor wishes to supply.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="PriceRequestDatetime" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The date and time at which a price request was made.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="PriceRequestIdentifier" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">A unique identifier for a price request, assigned by the requestor, used for tracking the request and any responses.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="PriceResponseCommentText" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">A text comment describing the Price Response, its purpose, or other information that the responder wishes to supply.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="PriceResponseDatetime" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The date and time on which a price response was made.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="PriceResponseIdentifier" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">A unique identifier for a price response, assigned by the responder, used to track or refer to the price response.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="REOMarketingPartyType" use="optional">
            <xsd:simpleType>
                <xsd:annotation>
                    <xsd:documentation xml:lang="en">Identifies the party responsible for marketing the property in case of default.</xsd:documentation>
                </xsd:annotation>
                <xsd:restriction base="xsd:string">
                    <xsd:enumeration value="Investor"/>
                    <xsd:enumeration value="Other"/>
                    <xsd:enumeration value="Servicer"/>
                    <xsd:enumeration value="Unknown"/>
                </xsd:restriction>
            </xsd:simpleType>
        </xsd:attribute>
        <xsd:attribute name="REOMarketingPartyTypeOtherDescription" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">A free form text field used to collect additional information when Other is selected for REO Marketing Party Type.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="SaleRecoursePartyType" use="optional">
            <xsd:simpleType>
                <xsd:annotation>
                    <xsd:documentation xml:lang="en">Indicates the party that bears the default loss.</xsd:documentation>
                </xsd:annotation>
                <xsd:restriction base="xsd:string">
                    <xsd:enumeration value="Investor"/>
                    <xsd:enumeration value="Lender"/>
                    <xsd:enumeration value="Shared"/>
                </xsd:restriction>
            </xsd:simpleType>
        </xsd:attribute>
        <xsd:attribute name="ServicerIdentifier" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">A unique identifier, agreed upon between the parties to the transaction, for the company that has or will have the right to service the loan.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="ServicerName" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The name of the company that has or will have the right to service the loan.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="ServicingReleasePremiumPercent" use="optional" type="xsd:string">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The price, expressed as a rate, paid for the right to service the loan and receive its servicing compensation. The rate is applied to the unpaid principal balance of the loan (UPB) to determine the dollar price.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="ServicingTransferStatusType" use="optional">
            <xsd:simpleType>
                <xsd:annotation>
                    <xsd:documentation xml:lang="en">Defines whether the servicing on the loan will be retained or transferred to another party. Typically only on closed loans.</xsd:documentation>
                </xsd:annotation>
                <xsd:restriction base="xsd:string">
                    <xsd:enumeration value="Released"/>
                    <xsd:enumeration value="Retained"/>
                </xsd:restriction>
            </xsd:simpleType>
        </xsd:attribute>
    </xsd:complexType>
</xsd:element>

element {}LOAN_PRODUCT_AND_PRICING

Source

Documentation