1. Cash Flow Engine Reference Guide
  2. Cash Flow Dictionary
  3. Cash Flow Columns
  4. Payment Adjustment Date (PMT_ADJUST_DATE)
  5. Data Verification Requirements and Suggested Defaults

8.2.108.3 Data Verification Requirements and Suggested Defaults

  • For fixed-rate and non-term accounts, PMT_ADJUST_DATE = 01-JAN-1900.
  • For adjustable rate accounts with AMRT_TYPE_CD <> 600, PMT_ADJUST_ DATE = NEXT_REPRICE_DATE.
  • For adjustable rate accounts with AMRT_TYPE_CD = 600, the following conditions should exist:

    PMT_ADJUST_DATE > AS_OF_DATE

    PMT_ADJUST_DATE > ORIGINATION_DATE

    PMT_ADJUST_DATE <= AS_OF_DATE + PMT_CHG_FREQ) PMT_ ADJUST_DATE <= MATURITY_DATE