This document provides a data dictionary entry for the "Indicator of Rehabilitated Loan" field. The field is a 1-character field in position 468 that indicates whether a repurchased loan was rehabilitated or if an insurance claim payment was made in error. It must contain "Y" if the loan was rehabilitated, "E" if the payment was made in error, or be blank for other repurchased loans. The field is part of loan repurchase events and is linked to other fields through those events.
This document provides a data dictionary entry for the "Indicator of Rehabilitated Loan" field. The field is a 1-character field in position 468 that indicates whether a repurchased loan was rehabilitated or if an insurance claim payment was made in error. It must contain "Y" if the loan was rehabilitated, "E" if the payment was made in error, or be blank for other repurchased loans. The field is part of loan repurchase events and is linked to other fields through those events.
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This document provides a data dictionary entry for the "Indicator of Rehabilitated Loan" field. The field is a 1-character field in position 468 that indicates whether a repurchased loan was rehabilitated or if an insurance claim payment was made in error. It must contain "Y" if the loan was rehabilitated, "E" if the payment was made in error, or be blank for other repurchased loans. The field is part of loan repurchase events and is linked to other fields through those events.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
GA Data Provider Instructions Appendix A: Data Dictionary
Indicator of Rehabilitated Loan
Loan History Reason- Date Sequence Edit Type Size Position Field Code Identifier Kept ability No Yes No No Character 1 468 122 Description Indicator that a repurchased loan was a rehabilitated loan (i.e., that a defaulter made 12 consecutive payments on the loan and that it was sold to a lender by a Guaranty Agency). Comments • Must be ‘Y’ (Yes) only if a loan was rehabilitated and repurchased. • Must be ‘E’ if Insurance Claim Payment was made in error. • Report a blank for other repurchased loans. • Once reported with ‘E’ the batch process will not overlay this field to blank. If an ‘E’ is reported in error and correct value is blank, the change must be made online or by deleting the Repurchase in one submission and then reporting the corrected Repurchase in a subsequent submission. Part of Event Type Loan Repurchase Companion Field(s) • Linked through event −Amount Repurchased (121) −Date Repurchased (120) Default Value / Use Report a blank if condition has not occurred. Reporting Report ‘Y’ if loan is rehabilitated and repurchased. Report ‘E’ if Insurance Claim Payment was made in error. Edit Verifies Error Error Error Message Level No. Record- Must be ‘Y’, ‘E’ or Contains wrong 0221 Invalid Indicator of Rehabilitated Loan Level Er- blank. value. ror Date Revised 6-30-2005