Base Segment ErrorsCritical
B016Invalid Portfolio Type
The Portfolio Type code is not one of the valid Metro 2 values
Affected Field
#14Portfolio Type
Description
The Portfolio Type field must contain a single valid character: C (line of credit), I (installment), M (mortgage), O (open), or R (revolving). Any other value is rejected. Portfolio Type also drives which other fields are required, so an invalid value cascades into downstream edits.
Common Causes
- Mapping an internal product code directly without translation
- Lowercase or blank Portfolio Type
- Using a value from a different field's code set
How to Fix
- 1Map every internal product to one of C, I, M, O, R
- 2Uppercase the value and ensure it is exactly one character
- 3Confirm Portfolio Type agrees with Account Type
Examples
Invalid
LValid
IL is not defined; an installment loan uses I
Related Errors
More Base Segment Errors
Catch Errors Before Submission
Metro2 software validates every field and catches errors like B016 before you submit to the credit bureaus.