MISMO element PRINCIPAL_AND_INTEREST_ADJUSTMENT_LIMITED_PAYMENT

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="PRINCIPAL_AND_INTEREST_ADJUSTMENT_LIMITED_PAYMENT_OPTION">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">Information specific to those ARM products that offer a limited payment option that is triggered by a calculated payment increase that exceeds a specified dollar amount or percentage.</xsd:documentation>
    </xsd:annotation>
    <xsd:complexType>
        <xsd:attribute name="PrincipalAndInterestAdjustmentLimitedPaymentOptionID" 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="LimitedPrincipalAndInterestPaymentOptionDescription" type="xsd:string"
            use="optional">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The description of the limited principal and interest payment option.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="LimitedPrincipalAndInterestPaymentPullTheNoteIndicator"
            type="xsd:boolean" use="optional">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">Indicates that the mortgage note is of an exceptional nature and requires manual review.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="LimitedPrincipalAndInterestPaymentActivationAmount" type="xsd:string"
            use="optional">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The minimum dollar increase between two successive calculated principal and interest payments that requires an optional principal and interest payment to be offered.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="LimitedPrincipalAndInterestPaymentActivationIndicator"
            type="xsd:boolean" use="optional">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">Indicates whether a limited principal and interest payment should only be calculated if the new Interest rate is greater than the original interest rate. If no, the limited principal and interest payment is always calculated.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="LimitedPrincipalAndInterestPaymentActivationPercent" type="xsd:string"
            use="optional">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The minimum percent increase between two successive calculated principal and interest payments that requires an optional principal and interest payment to be offered.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
        <xsd:attribute name="LimitedPrincipalAndInterestPaymentEffectiveDate" type="xsd:string"
            use="optional">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The payment due date on which the limited principal and interest payment option was elected.</xsd:documentation>
            </xsd:annotation>
        </xsd:attribute>
    </xsd:complexType>
</xsd:element>

element {}PRINCIPAL_AND_INTEREST_ADJUSTMENT_LIMITED_PAYMENT_OPTION

Source

Documentation