Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: currentFactor
Namespace: http://www.fpml.org/2007/FpML-4-4
Type: decimal:http://www.w3.org/2001/XMLSchema
Containing Schema: fpml-asset-4-4.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
The part of the mortgage that is currently outstanding. It is expressed similarly to the initial factor, as factor multiplier to the mortgage. This term is formally defined as part of the "ISDA Standard Terms Supplement for use with credit derivatives transactions on mortgage-backed security with pas-as-you-go or physical settlement".
Collapse XSD Schema Diagram:
XSD Diagram of currentFactor in schema fpml-asset-4-4_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="currentFactor" type="xsd:decimal" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">The part of the mortgage that is currently outstanding. It is expressed similarly to the initial factor, as factor multiplier to the mortgage. This term is formally defined as part of the "ISDA Standard Terms Supplement for use with credit derivatives transactions on mortgage-backed security with pas-as-you-go or physical settlement".</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Documentation for Financial products Markup Language (FpML®)

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