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ok_lock_out

ok_lock_out (routine)

Validate the given lock out term in months for an MBS

Introduced in release: 1.0
Component: US MBS
Purpose: Test the given lock out term in months for a MBS. This is the period of time during which no prepayments can be made. It must be greater than or equal to 0 and less than or equal to the WAM.

Results: The value of the function is true (1) if the lock_out is valid. The value of the function is false (0) if the lock_out 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.

 11401 = lock out months less than zero
 11402 = lock out months greater than wam

Last Mod Date: 01/12/1993© 2001 TIPS, Inc.Doc Version: 5.0