Rule library
FatalField 18.031Subject

UAD1586Indicate whether a final balloon payment is required to fully pay off the loan.

Where this rule lives in the report

Project Information
Balloon Mortgage
Cooperative Information - Project Blanket Financing

Report Section and Report Subsection as the GSEs define them — the black tab and grey bar you already read on the URAR.

Severity
Fatal — this blocks your UCDP submission and must be fixed before delivery.
Triggered when
ProjectBlanketFinancingIndicator = "true" and BalloonIndicator is not provided in a given instance of PROJECT_BLANKET_FINANCING
Data Point Name
BalloonIndicator
Unique ID
2500.0036
Report Field ID
18.031
What this field means
When true, indicates that a final balloon payment is required to fully pay off the loan.

How to fix UAD1586

UAD1586 is a Fatal UAD 3.6 edit, so clear it before the appraisal report goes to UCDP.

  1. 01Open the Project Information › Cooperative Information - Project Blanket Financing › Balloon Mortgage area of the URAR and find Balloon Mortgage.
  2. 02Check the condition that triggers UAD1586: ProjectBlanketFinancingIndicator = "true" and BalloonIndicator is not provided in a given instance of PROJECT_BLANKET_FINANCING.
  3. 03Correct the missing, invalid, duplicate, or inconsistent value before submitting to UCDP.
  4. 04Use the official Cooperative (Coop1) sample value on this page as a reference pattern, then re-run validation.

This fix guidance is derived from the published rule message, trigger logic, report location, field definition, and official sample data available for this rule.

Seen in the sample reports

How this field is populated in the official UAD 3.6 sample scenarios.

More rules in “Project Information › Cooperative Information - Project Blanket Financing”