element PRINCIPAL_AND_INTEREST_PAYMENT_PER_CHANGE_ADJUSTMENT_RULE

element {}PRINCIPAL_AND_INTEREST_PAYMENT_PER_CHANGE_ADJUSTMENT_RULE

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="PRINCIPAL_AND_INTEREST_PAYMENT_PER_CHANGE_ADJUSTMENT_RULE">
    <
xsd:annotation>
        <
xsd:documentation xml:lang="en">Information specific to factors considered in the calculation of changes to the loan's principal and interest payment amount at each adjustment date.</xsd:documentation>
    </
xsd:annotation>
    <
xsd:complexType>
        <
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="D3557" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The payment due date when the principal and interest payment per change adjustment rule first becomes applicable. The per change rule remains in effect unless another per change rule with a later date is present on the loan.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3558" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The number of principal and interest payment changes dictated on the loan document for a Graduated Payment Mortgage (GPM) or Growth Equity Mortgage (GEM) loan.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3559" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The maximum number of percentage points by which the principal and interest payment can decrease from the previous principal and interest payment.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3560" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The maximum number of percentage points by which the principal and interest payment can increase from the previous principal and interest payment.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3561" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The minimum percentage by which an ARM loan's principal and interest payment must decrease relative to the prior principal and interest payment before it is actually changed on the loan. If the new principal and interest payment does not decrease by at least than this amount, the principal and interest payment remains the same.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3562" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The minimum percentage by which an ARM loan's principal and interest payment must increase relative to the prior principal and interest payment before it is actually changed on the loan. If the new principal and interest payment does not increase by at least this amount, the principal and interest payment remains the same.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3563" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The number of payments between scheduled principal and interest payment changes.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="D3584" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The due date of the next payment for which the new principal and interest payment is calculated without regard to per change or lifetime caps.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
    </
xsd:complexType>
</
xsd:element>


Documentation

Information specific to factors considered in the calculation of changes to the loan's principal and interest payment amount at each adjustment date.


element PRINCIPAL_AND_INTEREST_PAYMENT_PER_CHANGE_ADJUSTMENT_RULE


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