Navigation:  Appendix A - Merge Field Descriptions (Loans) >

Event 21, New Loan Event

Navigation:  Appendix A - Merge Field Descriptions (Loans) >

Event 21, New Loan Event

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This event record is generated when the system encounters tran code 680 (new loan) for ARM loans.

 

Merge Field

Field Mnemonic/ Calculation

Description

DAYS BEFORE PAYMENT CHANGE

LNAMID

Days prior to next P/I change date to calculate payment

DAYS BEFORE RATE CHANGE

LNAMAD

Days prior to next rate change date to calculate rate

ROUND RATE E T Q

LNRRND

Round rate to the eighth, tenth, or quarter

 

 

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