Code identifying the type of investor reporting action that was needed
Type
ID
Length
Max 2 / Min 2
Codes
<> 01
No Special Accounting Action
<> 1A
Payoff-Alternative Conversion Adjustable Rate Mortgage to Fixed Rate Mortgage
<> 1B
Real Estate Owned Property
<> 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
<> 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-Matured or Prepaid
<> 10
Payoff-Repurchased