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I wondered at first why we currently had a "next payment date" in 2040.
Someone suggested that it could be a balloon mortgage type of thing, but
that doesn't smell right. IMHO, it's likely bad data, but it's a scenario
that will someday affect good data. We do have 6-digit "maturity dates"
which we most certainly now have some mortgages that are going to mature
past 2039, and these (apparently) are not causing problems for us.
- Dan
On Wed, Apr 22, 2015 at 1:10 PM, <rob@xxxxxxxxx> wrote:
<snip>
I guess "next payment date" going over 2039 could have been a problem for
30 year mortages for the last few years now. 25 year mortgages for about
the last year.
Rob Berendt
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