Validate a given payment delay (as a % of a period) for a mortgage
Introduced in release: 1.391 Component: Generic Purpose:
Tests the payment delay, given as a percent of a full period, for an MBS (mortgage backed security). It must be greater than or equal to zero.
Results:
The value of the function is true (1) if the payment delay is valid. The value of the function is false (0) if the payment delay is invalid. The variable status will contain the reason it is invalid.
Error Conditions:
The variable status contains a non zero value upon returning from the function when the input contains an error.
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