Field

Description

Use Scheduled Rate Changes

Mnemonic: LNRLRS

Use this field to indicate whether the rate on rate-sensitive loans can be changed using a schedule.

Roll Rate on Billing Night

Mnemonic: LZRRBL

Use this field to indicate whether the rate on rate-sensitive loans will change with each billing cycle.

Next Rate Change Date

Mnemonic: N/A

This field displays the next date the rate on the loan is scheduled to change.

Rate Change History list view

Mnemonic: N/A

This list view displays the 6 most recent rate changes on the loan. This information includes the Date of the change and the Old Rate prior to the change taking place. Click either column header to organize the list view by that column's information type.