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ok_srvc_fee

ok_srvc_fee (routine)

Validate a given service fee for a mortgage

Introduced in release: 1.0
Component: US MBS
Purpose: Tests the given service fee for an MBS (mortgage backed security). It must be greater than or equal to zero and less than the coupon rate.

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

 6201 = service fee less than zero
 6202 = service fee greater than or equal to coupon rate

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