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
<>  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

