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ok_paymt_dly

ok_paymt_dly (routine)

Validate a given payment delay for a mortgage

Introduced in release: 1.0
Component: US MBS
Purpose: Tests the given payment delay in days 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.

 6300 = payment_delay < 0

Last Mod Date: 03/01/1990© 2001 TIPS, Inc.Doc Version: 5.0