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FIBO Loans FCT Meeting Agenda_01212016_minutes.doc
Decisions
Action items
- Michael
- ApplicationReceivedDate: consider impact of discussion, regulatory view different from other views.
- Amortization is sibling class to PaymentSchedule, payments include other things besides repaying loan (e.g. escrow, insurance)
- Change definition of MortgageLoanContract to can infer from collateral being property.
- put LoanContract under FinancialInstrument, rather than under CashInstrument
- change ULI restriction to min 0
- ensure names of ObligationToPay vs. repay are clear, one is repay principal, other is for fees etc.