25.1 List of Cash Flow Edit Error Messages

Table 25-1 List of Cash Flow Edit Error Messages

Error Code	Error Condition	Assignment	Error Level	Warning	Description/Purpose	Edit Priority
9100	If ((AMRT_TYPE_CD <> 700 or (AMRT_TYPE_CD = 700 and AMRT_TERM <> 0)) and AMRT_TERM (in days) < ORG_TERM (in days)	Set AMRT_TERM equal to ORG_TERM, AMRT_TERM_MULT = ORG_TERM_MULT	2	Org Term > Amrt Term	Amortization term can only be equal to zero on Non/Amortizing instruments
9102	CUR_GROSS_RATE < 0	message only: Current Gross Rate < 0	1	Current Gross Rate < 0	Current gross rate must not be negative
9103	CUR_NET_RATE < 0	message only: Current Net Rate < 0	1	Current Net Rate < 0	Current net rate must not be negative
9104	ACCRUAL_BASIS_CD <1 or >7	ACCRUAL_BASIS_CD equal to '3'.	2	Invalid Accrual Basis Cd	Accrual basis code must be between 1 and 7 inclusively
9105	AMRT_TYPE_CD (<= 999 and not equal to 100, 200, 400, 500,600, 700, 710, 800, 801, 802, 820,830,840,850 or 999) or >99999	Set AMRT_TYPE_CD equal to '700'.	2	Invalid Amortization Type defaulted to 700	Checks that amortization type codes are either in the user-defined range or that they are a valid OFSA code.
9106	AMRT_TERM_MULT not equal to D, M, or Y	AMRT_TERM_MULT = 'M'	2	Invalid AMRT_TERM_MULT	Checks for valid amortization term multipliers
9107	NEG_AMRT_EQ_MULT not equal to D, M, or Y	NEG_AMRT_EQ_MULT = 'M'.	2	Invalid NEG_AMRT_EQ_MULT	Checks for valid Neg.Amortization Eq.Multipliers
9108	(NEG_AMRT_LIMIT >=200)or(NEG_AMRT_LIMIT < 0) and AMRT_TYPE_CD = 600	Set NEG_AMRT_LIMIT equal to 0.	2	Invalid NgAm Limit	Neg Am limit value does not fall in a valid range. (Neg Am instruments only)
9109	ORG_TERM_MULT not equal to D, M, or Y	ORG_TERM_MULT = 'M'	2	Invalid ORG_TERM_MULT	Checks for valid Original term multipliers
9110	If AMRT_TYPE_CD = 600 and PMT_CHG_FREQ < 0	PMT_CHG_FREQ equal to 0	2	Invalid Pmt Chg Frq	frequency cannot be negative (Neg Am instrument only)
9111	PMT_CHG_FREQ_MULT not equal to D, M, or Y	PMT_CHG_FREQ_MULT equal to 'M'.	2	Invalid PMT_CHG_FREQ_MULT	Checks for valid payment change frequency multipliers
9112	PMT_FREQ_MULT not equal to D, M, or Y	PMT_FREQ_MULT = 'M'	2	Invalid PMT_FREQ_MULT	Checks for valid payment frequency multipliers
9114	RATE_CHG_RND_CD <0 or >4	RATE_CHG_RND_CD equal to '0'.	2	Invalid Rate Chg Rnd Cd	Rate change round code must be between 0 and 4
9115	RATE_SET_LAG_MULT not equal to D, M, or Y	RATE_SET_LAG_MULT equal to 'M'.	2	Invalid RATE_SET_LAG_MULT	Checks for valid rate set lag multipliers
9117	REPRICE_FREQ_MULT not equal to D, M, or Y	REPRICE_FREQ_MULT = 'M'.	2	Invalid REPRICE_FREQ_MULT	Checks for valid reprice frequency multipliers
9118	RATE_CHG_RND_FAC < 0 or RATE_CHG_RND_FAC > 1	Set RATE_CHG_RND_FAC equal to 0.	2	Invalid Rt Chg Rnd Fact	Rate change round factor must be a percentage
9119	MATURITY_DATE < NEXT_PAYMENT_DATE	MATURITY_DATE = NEXT_PAYMENT_DATE + ((REMAIN_NO_PMTS_C -1)*PMT_FREQ)	2	Mat Dt < Next Pmt Dt	The maturity date can not be before the next payment date
9120	NEG_AMRT_EQ_FREQ < 0 and AMRT_TYPE_CD = 600	NEG_AMRT_EQ_FREQ equal to 0.	2	NegAmEqFrq < 0	Neg Am Equalization frequency cannot be negative (Neg Am instruments only)
9121	If AMRT_TYPE_CD = 600 and NEG_AMRT_EQ_FREQ > 0 and NEG_AMRT_EQ_DATE <= MAX(ORIGINATION_DATE,AS_OF_DATE)	Set NEG_AMRT_EQ_DATE equal to NEXT_REPRICE_DATE	2	NgAm Eq Dt < Org Dt	Neg Am equalization date is less than origination date (future origination) or less than the as-of-date (past origination) (Neg am instrumented only)
9123	AS_OF_DATE > ORIGINATION_DATE and AS_OF_DATE >= NEXT_PAYMENT_DATE	NEXT_PAYMENT_DATE equal to AS_OF_DATE + 1 day.	2	Next Pmt Dt < As of Dt	The next payment date is less than as-of-date (past origination case) As of Date can not be greater than the origination date and greater than the next payment date.
9124	ORIGINATION_DATE >= AS_OF_DATE and ORIGINATION_DATE >= NEXT_PAYMENT_DATE	NEXT_PAYMENT_DATE = ORIGINATION_DATE + 1 day	2	Next Pmt Dt < Org Dt	Next payment date is less than origination date (future origination case)
9125	ORIGINATION_DATE <= AS_OF_DATE and NEXT_REPRICE_DATE <= AS_OF_DATE and REPRICE_FREQ > 0	NEXT_REPRICE_DATE equal to AS_OF_DATE + 1 day.	2	Next Repr Dt < As of Dt	Next reprice date is less than as-of-date (past origination case)
9126	ORIGINATION_DATE > AS_OF_DATE and NEXT_REPRICE_DATE < ORIGINATION_DATE and REPRICE_FREQ > 0	Set NEXT_REPRICE_DATE equal to ORIGINATION_DATE + 1 day	2	Next Repr Dt < Org Dt	Next reprice date is less than the origination date (future origination case)
9127	ORG_PAYMENT_AMT = 0 and PMT_DECR_LIFE > 0	Set PMT_DECR_LIFE equal to 0.	2	Org Pmt=0, Pmt Dec Lf<>0	Payment decrease life is expressed as a percent of a zero original payment. (Neg Am instruments only)
9128	ORG_PAYMENT_AMT = 0 and PMT_INCR_LIFE > 0	Set PMT_INCR_LIFE equal to 0.	2	Org Pmt=0, Pmt Incr Lf<>0	Payment increase life is expressed as a percent of a zero original payment. (Neg Am instruments only)
9129	ORG_TERM <> calculated original term within 45 days or ORG_TERM = 0	Set ORG_TRM = calculated original term	2	Org Term<>Mat Dt - Org Dt	The original term should equal the time between the origination date and the maturity date.
9130	(ORIGINATION_DATE < 01/01/1950) or (ORIGINATION_DATE > 01/01/2099)	Set ORIGINATION_DATE = 01/01/1950.	2	Orig. Dt < 01/01/1950	Origination date must be acceptable
9131	PMT_FREQ > calculated original term	PMT_FREQ equal to calculated original term	2	Payment Freq > Org Term	Payment frequency cannot be greater than the original term.
9132	(CUR_PAYMENT < 0 and CUR_PAR_BAL > 0) or (CUR_PAYMENT > 0 and CUR_PAR_BAL < 0)	Set CUR_PAYMENT equal to 0.	2	Pmt, bal opposite signs	Current payment and current balance can not have opposite signs
9133	If AMRT_TYPE_CD = 600 and PMT_CHG_FREQ > 0 and AS_OF_DATE > PMT_ADJUST_DATE	PMT_ADJUST_DATE = NEXT_REPRICE_DATE	2	Pmt Adj Dt < As of Dt	Neg Am equalization date is less than the as-of-date (past origination) (Neg am instrumented only
9134	If AMRT_TYPE_CD = 600 and PMT_CHG_FREQ > 0 and AS_OF_DATE < PMT_ADJUST_DATE and PMT_ADJUST_DATE < ORIGINATION_DATE	PMT_ADJUST_DATE = NEXT_REPRICE_DATE	2	Pmt Adj Dt < Org Dt	The payment adjustment date is less than origination date (future origination) (Neg am instrumented only)
9135	PMT_FREQ <= 0 and ORIGINATION_DATE <= AS_OF_DATE and MATURITY_DATE > AS_OF_DATE and ORIGINATION_DATE > AS_OF_DATE and MATURITY_DATE > ORIGINATION_DATE	NEXT_PAYMENT_DATE = MATURITY_DATE and ORG_TERM = calculated original term and PMT_FREQ = calculated original term and REMAIN_NO_PMTS_C = 1	2	Pmt Freq <= 0, Trm Assumed	Payment frequency is less than or equal to zero, and both maturity date and origination date are valid dates and can be used to calculate payment frequency.
9135	PMT_FREQ <= 0 and ORIGINATION_DATE <= AS_OF_DATE, MATURITY_DATE <= AS_OF_DATE but NEXT_PAYMENT_DATE > AS_OF_DATE or ORIGINATION_DATE > AS_OF_DATE, MATURITY_DATE < ORIGINATION_DATE,but NEXT_PAYMENT_DATE > ORIGINATION_DATE	MATURITY_DATE = NEXT_PAYMENT_DATE and ORG_TERM = calculated original term and PMT_FREQ = calculated original term and REMAIN_NO_PMTS_C = 1	2	Pmt Freq <= 0 ,Trm Assumed	Payment frequency is less than or equal to zero and maturity date is invalid, but next payment date can be used to calculate a valid payment frequency
9135	PMT_FREQ <= 0 and ORIGINATION_DATE <= AS_OF_DATE, MATURITY_DATE <= AS_OF_DATE, and NEXT_PAYMENT_DATE <= AS_OF_DATE or ORIGINATION_DATE > AS_OF_DATE, and both MATURITY_DATE and NEXT_PAYMENT_DATE less than ORIGINATION_DATE	MATURITY DATE = AS OF DATE + 1 day and NEXT PAYMENT DATE = AS OF DATE + 1 day and ORG TERM = calculated original term and PMT_FREQ = calculated original term and REMAIN_NO_PMTS_C = 1.	2	Pmt Freq <= 0, Trm Assumed	Payment frequency less than or equal to zero and all dates which can be used to calculate payment frequency is in the past
9136	PMT_INCR_CYCLE < 0	Set PMT_INCR_CYCLE equal to 0.	2	Pmt Incr Cycle < 0	Payment increase cycle cannot be less than zero (Neg Am instruments only)
9138	RATE_CAP_LIFE < CUR_GROSS_RATE and RATE_CAP_LIFE <> 0 and CUR_GROSS_RATE <> 0 and TEASER_END_DATE < AS_OF_DATE	Set RATE_CAP_LIFE equal to CUR_GROSS_RATE.	1	Rt Cap Lf < Cur Gross Rt	Current gross rate is greater than the rate cap life
9139	RATE_CAP_LIFE < CUR_NET_RATE and RATE_CAP_LIFE <> 0	message only: Rt Cap Life < Cur Net Rt	1	Rt Cap Life < Cur Net Rt	Current net rate is greater than the rate cap
9140	RATE_CHG_MIN < 0	Set RATE_CHG_MIN equal to 0.	2	Rate Chg Min < 0	Minimum rate change can not be negative
9141	RATE_DECR_CYCLE < 0	RATE_DECR_CYCLE equal to 0.	2	Rate Decr Cycle < 0	Rate decrease cycle must not be negative
9143	RATE_FLOOR_LIFE > CUR_GROSS_RATE and CUR_GROSS_RATE <> 0 and TEASER_END_DATE < AS_OF_DATE	Set RATE_FLOOR_LIFE equal to CUR_GROSS_RATE.	1	Rt Floor Lf > Cur Grss Rt	Current gross rate is less than the rate floor
9144	RATE_FLOOR_LIFE > CUR_NET_RATE	message only: Rt Floor Lf > Cur Net Rt	1	Rt Floor Lf > Cur Net Rt	Rate floor life must not be greater than the current net rate
9145	RATE_INCR_CYCLE < 0	RATE_INCR_CYCLE equal to 0.	2	Rate Incr Cycle < 0	Rate increase cycle can not be less than 0
9147	REMAIN_NO_PMTS_C < 1	REMAIN_NO_PMTS_C = 1	2	Rem No Pmts < 1	There has to be at least 1 payment left
9148	RATE_SET_LAG < 0	RATE_SET_LAG = 0	2	Set Lag < 0	Rate set lag can not be negative
9152	ORG_PAR_BAL < CUR_PAR_BAL and AMRT_TYPE_CD =710	message only: OrgParBal < CurParBal	1	Org Par Bal < Cur Par Bal	The original balance on the rule of 78's instruments should not be greater than the current balance
9153	REPRICE_FREQ = 0 and (AMRT_TYPE_CD = 500 or AMRT_TYPE_CD = 600)	message only: AdjAmrtType, ReprFrq=0	1	AdjAmrtType, ReprFrq=0	Reprice frequency denotes fixed on adjustable amortization types (Conventional Adjustable and Adjustable Neg Am)
9154	REPRICE_FREQ <> 0 and LAST_REPRICE_DATE > NEXT_REPRICE_DATE	LAST_REPRICE_DATE = NEXT_REPRICE_DATE minus REPRICE_FREQ	2	LastReprDt>NextReprDt	Last reprice date is greater than the next reprice date
9155	IF INTEREST_RATE_CD < 0 or INTEREST_RATE_CD > 99999	INTEREST_RATE_CD = 0	2	Int Rt Code out of range	Interest rate code must be within a valid range
9157	T_RATE_INT_RATE_CD < 0 or T_RATE_INT_RATE_CD > 99999	T_RATE_INT_RATE_CD = 99999	2	T_ Rt Int Rt Cd out of rng	T rate interest rate code must be within a valid range.
9158	If CUR_BOOK_BAL <> (CUR_PAR_BAL + DEFERRED_CUR_BAL)	Warning Only	1	CurBkBl <> ParBl + Def Bl	Current book balance should equal the current par balance plus the deferred current balance
9159	CUR_NET_PAR_BAL_C - CUR_PAR_BAL * ( 1 - PERCENT_SOLD/100) >.001	Warning	1	NetParBl<>Com ptd NetParBl	Current net par balance should reflect the bank-owned portion of the current gross balance
9160	If AMRT_TYPE_CD = 600 and PMT_DECR_CY < 0	PMT_DECR_CY = 0	2	Payment Decrease Cycle =0	Payment decrease cycle cannot be less than zero (Neg Am instruments only)
9161	If AMRT_TYPE_CD = 600 and PMT_DECR_LF < 0	Set PMT_DECR_LIFE equal to 0.	2	PmtDecrLf<0 for Adj NegAm	Payment decrease life cannot be less than zero (Neg Am instruments only)
9162	If AMRT_TYPE_CD = 600 and PMT_DECR_LF <> 0 and CUR_PAYMENT < ORG_PAYMENT_AMT * (1 - PMT_DECR_LF/100)	Warning Only	1	Cur Pmt < Life Pay Floor	The current payment is less than the minimum payment amount (Neg Am instruments only)
9163	If AMRT_TYPE_CD = 600 and PMT_INCR_LF < 0	Set PMT_INCR_LIFE equal to 0.	2	PmtIncrLf<0 for Adj NegAm	Payment increase life cannot be less than zero (Neg Am instruments only)
9164	If AMRT_TYPE_ CD = 600 and PMT_INCR_LF <> 0 and CUR_ PAYMENT > ORG_PAYMENT_ AMT * (1 + PMT_ INCR_LF/100)	Warning Only	1	Cur Pmt > Life Pay Cap	Current payment is greater than the maximum payment amount (Neg Aminstrum ents only)
9165	If ISSUE_DATE > ORIGINATION_ DATE	Set ISSUE_ DATE = ORIGINATIO N_DATE	2	Issue Date > Orig Date	Issue date can not be greater than origination date
9166	If REPRICE_FREQ < 0	REPRICE_ FREQ = 0	2	Reprice_ Freq < 0	Reprice frequencies must not be negative
9167	If AMRT_TYPE_ CD = 710 and REPRICE_FREQ < > 0	REPRICE_ FREQ = 0	2	Rule of 78s Reprice_ Freq<>0	Rule of 78's instruments are implicitly fixed.
9168	ORG_PAR_BAL = 0 and REPRICE_ FREQ = 0	Warning	1	OrgParBal= 0! Fixed Rate	For transfer pricing of fixed rate instruments , the original balance should be populated,
9169	If REPRICE_FREQ <> 0 and TEASER_ END_DATE > ORIGINATION_ DATE and TEASER_END_ DATE > AS_OF_ DATE and NEXT_ REPRICE_DATE > TEASER_END_ DATE	Set NEXT_ REPRICE_ DATE equal to TEASER_ END_DATE	2	Next Repr Dt > Ts End Dt	Next reprice date is greater than tease end date.
9170	If REMAIN_NO_ PMTS_C + (REMAIN_TERM_ C (in days) / REPRICE_FREQ (in days)) > 2000	Warning	1	>2000 Events for Record	The maximum number of events that can be modeled has been exceeded.
9171	LRD_BALANCE=0	LRD_ BALANCE = CUR_PAR_ BAL	2	LRDBalanc e=0	The balance as of the last reprice date cannot be equal to 0 Note: If Cur_Par_ Bal = 0, then it would not be processed by the cash flow engine as error.
9172	ADJUSTABLE_ TYPE_CD <> 0 and LAST_REPRICE_ DATE < ISSUE_ DATE	Message Only	1	LastReprice Date < Issue Date	When the last reprice date is less than the issue date, transfer pricing will not occur.
9174	REPRICE_FREQ > 0 and ADJUSTABLE_ TYPE_CD = 0	Message Only	1	AdjType=0 & ReprFreq>0	Reprice frequency and adjustable type code are inconsistent
9175	REPRICE_FREQ = 0 and ADJUSTABLE_ TYPE_CD <> 0	Message Only	1	AdjType<> 0 & ReprFreq=0	Reprice frequency and adjustable type code are inconsistent
9176	AMRT_TYPE_CD = 100 and ADJUSTABLE_ TYPE_CD <> 0	Message Only	1	AdjType<> 0 & AmrtType= 100	Variable adjustable type on Convention al Fixed instrument.
9177	AMRT_TYPE_CD = 710 and ADJUSTABLE_ TYPE_CD <> 0	ADJUSTABLE _TYPE_CD =0	2	AdjType<> 0 & AmrtType= 710	Rule of 78's instrumnet should only have a fixed adjustable type code.
9178	(AMRT_TYPE_CD = 500 or AMRT_ TYPE_CD = 600) and ADJUSTABLE_ TYPE_CD = 0	Message Only	1	AdjType=0 & Amrt(500,6 00)	Fixed adjustable type code on adjustable amortizatio n codes (Conventio nal Adjustable and Adjustable Neg Am)
9179	LAST_PAYMENT_ DATE > NEXT_ PAYMENT_DATE and PAYMENT_ FREQ > 0	LAST_ PAYMENT_ DATE =NEXT_ PAYMENT_ DATE -PMT_ FREQ	2	LastPayDat e>=N extPayDate	Last payment date is greater than next payment date and can be calculated using payment frequency
9179	LAST_PAYMENT_ DATE > NEXT_ PAYMENT_DATE and PAYMENT_ FREQ <= 0	LAST_ PAYMENT_ DATE =ORIGINATI ON_DATE	2	LAST_ PAYMENT_ DATE =ORIGINATI ON_DATE	Last payment date is greater than next payment date, but cannot be calculated using payment frequency.
9180	LAST_PAYMENT_ DATE < ORIGINATION_ DATE	LAST_ PAYMENT_ DATE =ORIGINATI ON_DATE	2	LastPayDat e < OrigDate	Last payment date cannot be less than the origination date
9181	LAST_PAYMENT_ DATE > AS_OF_ DATE and ORIGINATION_ DATE <= AS_OF_ DATE	LAST_ PAYMENT_ DATE =AS_ OF_DATE	2	LastPayDat e>AsOfDat e	Last payment date cannot be greater than the as-of-date if the instrument originated in the past.
9182	INT_TYPE = 2 and AMRT_TYPE CD = 100, 400, 500, 600 or 800	INT_TYPE = 1	2	IntType<>1 ,2 /Amrt Type	Interest type can only be arrears for convention ally amortizing instruments
9182	INT_TYPE <> 1 or 2	INT_TYPE = 1	2	IntType<>1 ,2 /Amrt Type	Interest type must be a valid OFSA code.
9183	COMPOUND_ BASIS_CD <> 110, 120, 130, 140, 150, 160, 170 or 200	COMPOUND_ BASIS_CD = 160	2	Invalid CompBasis Code	Compoundi ng basis code must be a valid OFSA code
9184	(ACCRUAL_ BASIS_CD = 1, 4 or 5) and (PMT_ FREQ_MULT = D or AMRT_TYPE_ CD = 800,801, or 802)	ACCRUAL_ BASIS_CD = 3	2	AmrtType/ AccrlBasis Error	Accrual basis code cannot have a 30 day month assumption on instruments defined by a payment schedule
9187	If Error Codes 9185 and 9186 are not qualified, then execute this Error code 9187		1	The behavior type (and/or sub-type, based on other attribute values) will be automatically defaulted during the engine processing.	The behavior type (and/or sub-type, based on other attribute values) will be automatically defaulted during the engine processing.