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: SOM-01 · Element: 1307 · Name: Loan Status Code · Type: Identifier (ID) · Requirement: Mandatory · Min: 1 · Max: 2 · Repeat: 1

Code indicating the loan status

SOM01 indicates the status of a mortgage. For example, "01" indicates the mortgage is delinquent.

Position: SOM-02 · Element: 1250 · Name: Date Time Period Format Qualifier · Type: Identifier (ID) · Requirement: Mandatory · Min: 2 · Max: 3 · Repeat: 1

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.

Position: SOM-03 · Element: 1251 · Name: Date Time Period · Type: String (AN) · Requirement: Mandatory · Min: 1 · Max: 35 · Repeat: 1

Expression of a date, a time, or range of dates, times or dates and times

Position: SOM-04 · Element: 1073 · Name: Yes/No Condition or Response Code · Type: Identifier (ID) · Requirement: Optional · Min: 1 · Max: 1 · Repeat: 1

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.

Position: SOM-05 · Element: 104 · Name: Type of Bankruptcy Code · Type: Identifier (ID) · Requirement: Conditional · Min: 1 · Max: 1 · Repeat: 1

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.

Position: SOM-06 · Element: 373 · Name: Date · Type: Date (DT) · Requirement: Conditional · Min: 8 · Max: 8 · Repeat: 1

Date expressed as CCYYMMDD where CC represents the first two digits of the calendar year

SOM06 provides the bankruptcy filing date.

Position: SOM-07 · Element: 1073 · Name: Yes/No Condition or Response Code · Type: Identifier (ID) · Requirement: Optional · Min: 1 · Max: 1 · Repeat: 1

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.

Position: SOM-08 · Element: 1307 · Name: Loan Status Code · Type: Identifier (ID) · Requirement: Optional · Min: 1 · Max: 2 · Repeat: 1

Code indicating the loan status

SOM08 and SOM11 indicate the additional actions taken towards the mortgage.

Position: SOM-09 · Element: 1250 · Name: Date Time Period Format Qualifier · Type: Identifier (ID) · Requirement: Conditional · Min: 2 · Max: 3 · Repeat: 1

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.

Position: SOM-10 · Element: 1251 · Name: Date Time Period · Type: String (AN) · Requirement: Conditional · Min: 1 · Max: 35 · Repeat: 1

Expression of a date, a time, or range of dates, times or dates and times

Position: SOM-11 · Element: 1307 · Name: Loan Status Code · Type: Identifier (ID) · Requirement: Optional · Min: 1 · Max: 2 · Repeat: 1

Code indicating the loan status

Position: SOM-12 · Element: 1250 · Name: Date Time Period Format Qualifier · Type: Identifier (ID) · Requirement: Conditional · Min: 2 · Max: 3 · Repeat: 1

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

Position: SOM-13 · Element: 1251 · Name: Date Time Period · Type: String (AN) · Requirement: Conditional · Min: 1 · Max: 35 · Repeat: 1

Expression of a date, a time, or range of dates, times or dates and times