1552 Option Type Code
1552 Option Type Code
Code indicating the type of option provided
Type
ID
Length
Max 2 / Min 1
Codes
<> 1
Assumability
<> 2
Callability
<> 3
Prepayment
<> 4
Convertibility
<> 5
Limited Payment
<> 6
Adjustability
<> 7
User-defined
<> 8
Negative Amortization
<> 9
Automatic Refinance
<> 10
Modification
<> 11
Construction Phase
<> 12
Permanent Phase
<> 13
Payment Frequency
<> ZZ
Mutually Defined