1376 Investor Reporting Action Code
Code identifying the type of investor reporting action that was needed
- Type
- Identifier (ID)
- Length
- Min 2 / Max 2
- Codes
| Code | Description |
|---|
| 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 |
| 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 |