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
1MMortgage Insurance Cancellation by Homeowner Based on Original Value of Property
1NMortgage Insurance Cancellation by Homeowner Based on Current Value of Property
1OMortgage Insurance Cancellation by Servicer Based on Automatic Cancellation Provisions
1PMortgage Insurance Cancellation Based on Mandatory Termination for High Risk Loan
1QCurtailment
1RSkip Payment
1SMortgage Insurance Cancellation for Unspecified Reason
1TRepurchase for the Purpose of Modification
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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