SOM Status of Mortgage
To provide information on the status of a mortgage and the date actions were taken regarding the loan and the property
Position
Element
Name
Type
Requirement
Min
Max
Repeat
Code indicating the loan status
SOM01 indicates the status of a mortgage. For example, "01" indicates the mortgage is delinquent.
Code indicating the date format, time format, or date and time format
SOM02 and SOM03 indicate the date of the action taken towards the mortgage.
Expression of a date, a time, or range of dates, times or dates and times
Code indicating a Yes or No condition or response
SOM04 indicates if bankruptcy has been filed by the mortgagor or the co-mortgagor. A "Y" indicates that bankruptcy has been filed; an "N" indicates that it has not been filed.
Code indicating list of bankruptcy types
P0506: If either SOM-05 or SOM-06 is present, then the other is required
SOM05 indicates the type of bankruptcy that was filed. For example, "2" indicates Chapter 11 bankruptcy has been filed by the principal mortgagor or the co-mortgagor.
Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year
SOM06 provides the bankruptcy filing date.
Code indicating a Yes or No condition or response
SOM07 indicates if a forbearance plan has been accepted. A "Y" indicates that a forbearance plan has been accepted; an "N" indicates that is has not been accepted.
If SOM07 is "Y", then SOM11 is required.
Code indicating the loan status
SOM08 and SOM11 indicate the additional actions taken towards the mortgage.
Code indicating the date format, time format, or date and time format
P0910: If either SOM-09 or SOM-10 is present, then the other is required
SOM09 through SOM10 and SOM12 through SOM13 provide the dates of the additional actions in SOM08 and SOM11.
Expression of a date, a time, or range of dates, times or dates and times
Code indicating the loan status
Code indicating the date format, time format, or date and time format
P1213: If either SOM-12 or SOM-13 is present, then the other is required
Expression of a date, a time, or range of dates, times or dates and times