01 | No Special Accounting Action |
1A | Payoff - Alternative Conversion Adjustable Rate Mortgage to Fixed Rate Mortgage |
1B | Real Estate Owned Property Property is owned by the lender or investor as a result of foreclosure. |
1C | Third-party Foreclosure Sale |
1D | Federal Housing Administration or Veterans Administration/Real Estate Owned or Conveyance |
1E | Short Payoff |
1F | Principal Balance Correction |
1G | Delinquency |
1H | Third Party Sale, Pre-Foreclosure Sale and Short Payoff |
1J | Payoff - Prepaid |
1K | Payoff - Matured |
1M | Mortgage Insurance Cancellation by Homeowner Based on Original Value of Property |
1N | Mortgage Insurance Cancellation by Homeowner Based on Current Value of Property |
1O | Mortgage Insurance Cancellation by Servicer Based on Automatic Cancellation Provisions |
1P | Mortgage Insurance Cancellation Based on Mandatory Termination for High Risk Loan |
1Q | Curtailment |
1R | Skip Payment |
1S | Mortgage Insurance Cancellation for Unspecified Reason |
1T | Repurchase for the Purpose of Modification |
02 | Action Code Reset |
03 | Relief Provisions |
04 | Bankruptcy or Litigation |
05 | Referred for Deed in Lieu of Foreclosure |
06 | Referred for Foreclosure |
07 | Loan Inactive for Accounting |
08 | Loan Reinstated for Accounting |
09 | Payoff |
10 | Payoff - Repurchased |
IL | Substitution |