1376 Investor Reporting Action Code

Code identifying the type of investor reporting action that was needed

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Type
Identifier (ID)
Length
Min 2 / Max 2
Codes
CodeDescription
01No Special Accounting Action
1APayoff - Alternative Conversion Adjustable Rate Mortgage to Fixed Rate Mortgage
1BReal Estate Owned Property
Property is owned by the lender or investor as a result of foreclosure.
1CThird-party Foreclosure Sale
1DFederal Housing Administration or Veterans Administration/Real Estate Owned or Conveyance
1EShort Payoff
1FPrincipal Balance Correction
1GDelinquency
1HThird Party Sale, Pre-Foreclosure Sale and Short Payoff
1JPayoff - Prepaid
1KPayoff - Matured
02Action Code Reset
03Relief Provisions
04Bankruptcy or Litigation
05Referred for Deed in Lieu of Foreclosure
06Referred for Foreclosure
07Loan Inactive for Accounting
08Loan Reinstated for Accounting
09Payoff
10Payoff - Repurchased
ILSubstitution
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