orig_value

The orig_value is the valuation as used by the bank for the collateral at the origination of the related loan or line of credit.

It is used to assess the orignal Loan-To-Value (LTV) as required in some regulatory returns such as the FR Y-14Q schedule A.

This is a monetary type and as it is impossible to squeeze infinitely many Real numbers into a finite number of bits, we represent monetary types as integer numbers of cents/pence to reduce potential rounding errors. So $10.35 becomes 1035. Don’t forget to divide by 100 (or the relevant minor unit denomination) when presenting information to a user. The relevant minor unit denomination should be determined from the currency’s corresponding ‘E’ value.