Go To Documentation Main IndexMain Index
Go To TIPS, Inc.TIPS Home
ok_pool_age

ok_pool_age (routine)

Validate a given mortgage pool age in months

Introduced in release: 1.0
Component: US MBS
Purpose: Tests the given current pool age in months for an MBS (mortgage backed security). It must be greater than or equal to zero and less than the number of months from issue date to maturity date.

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

 6501 = pool age is less than zero
 6502 = pool age is <= number of months from issue date to maturity date

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