Common Block: cdcAmortization

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Updated July 30, 2024 09:11.

This section details the < cdcAmortization > block, which describes the CDC amortization profile. Please see mandatory blocks under the < cdcAmortization > block depending on the < cdcType > choosen in tables below.

cdcType	revisionType	initialProgression*	revisionFloor
ID	SIMPLE	Mandatory	None
	DOUBLE		None
	DOUBLE_LIMITED		Mandatory

* < initialProgression > (mandatory) is currently deprecated. < lastKnownProgression > (optional) is used to fill the latest progression and compute subsequent progressions.

For example:

<cdcLoan>
 <phases>
  <phase>
   <cdcAmortization>
    <cdcType>ID</cdcType>
    <revisionType>DOUBLE_LIMITED</revisionType>
    <initialProgression> ... </initialProgression>
    <revisionFloor> ... </revisionFloor>
   </cdcAmortization>
  </phase>
 </phases>
</loan>

cdcType	revisionType	initialProgression*	revisionFloor	amortizationProgression	progressionType
ICO	SIMPLE	Mandatory	None	Mandatory	Mandatory
	DOUBLE		None
	DOUBLE_LIMITED		Mandatory

* < initialProgression > (mandatory) is currently deprecated. < lastKnownProgression > (optional) is used to fill the latest progression and compute subsequent progressions.

For example:

<cdcLoan>
 <phases>
  <phase>
   <cdcAmortization>
    <cdcType>ICO</cdcType>
    <revisionType>DOUBLE_LIMITED</revisionType>
    <initialProgression> ... </initialProgression>
    <revisionFloor> ... </revisionFloor>
    <amortizationProgression> ... </amortizationProgression>
    <progressionType> ... </progressionType>
   </cdcAmortization>
  </phase>
 </phases>
</loan>

cdcType	initialProgression*	constructionRate	progressionType
DA	Mandatory	Mandatory	None
			ANNUAL
			PERIODIC

* < initialProgression > (mandatory) is currently deprecated. < lastKnownProgression > (optional) is used to fill the latest progression and compute subsequent progressions.

For example:

<cdcLoan>
 <phases>
  <phase>
   <cdcAmortization>
    <cdcType>DA</cdcType>
    <initialProgression> ... </initialProgression>
    <constructionRate> ... </constructionRate>
    <progressionType>PERIODIC</progressionType>
   </cdcAmortization>
  </phase>
 </phases>
</loan>

cdcType	revisionType	initialProgression*	revisionFloor
IP	SIMPLE	Mandatory	None
	DOUBLE		None
	DOUBLE_LIMITED		Mandatory

* < initialProgression > (mandatory) is currently deprecated. < lastKnownProgression > (optional) is used to fill the latest progression and compute subsequent progressions.

For example:

<cdcLoan>
 <phases>
  <phase>
   <cdcAmortization>
    <cdcType>IP</cdcType>
    <revisionType>DOUBLE_LIMITED</revisionType>
    <initialProgression> ... </initialProgression>
    <revisionFloor> ... </revisionFloor>
   </cdcAmortization>
  </phase>
 </phases>
</loan>

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