PAY Adjustable Payment Description

Batch

To provide the terms of payment adjustment

Elements

PositionElementNameTypeMin/MaxRepeat
11374Payment Adjustment CodeMandatoryID1/11
2782Monetary AmountOptDecimal1/181
3954PercentOptDecimal1/101
4782Monetary AmountOptDecimal1/181
5954PercentOptDecimal1/101
6782Monetary AmountOptDecimal1/181
C001Composite Unit of MeasureRel
1
8380QuantityRelDecimal1/151
C001Composite Unit of MeasureRel
1
10380QuantityRelDecimal1/151
11954PercentOptDecimal1/101
12954PercentOptDecimal1/101
13782Monetary AmountOptDecimal1/181
141073Yes/No Condition or Response CodeOptID1/11
15380QuantityOptDecimal1/151
16954PercentOptDecimal1/101
17782Monetary AmountOptDecimal1/181
181087Negative Amortization QualifierOptID1/11
19954PercentOptDecimal1/101
20782Monetary AmountOptDecimal1/181
211092Negative Amortization Cap Source CodeOptID1/11
221073Yes/No Condition or Response CodeOptID1/11

Element Details

ID1374
NamePayment Adjustment Code
LengthMin 1 / Max 1
Position1
RequirementMandatory
Codes
  • <>1Percent Adjustment to Payment Amount
  • <>2Percent Adjustment to Payment Rate
  • <>3Dollar Amount to Payment Amount