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
Element
Name
Type
Requirement
Min
Max
Repeat
SOM-01
Loan Status Code
Identifier (ID)
Mandatory
1
2
-
Code indicating the loan status
SOM01 indicates the status of a mortgage. For example, "01" indicates the mortgage is delinquent.
SOM-02
Date Time Period Format Qualifier
Identifier (ID)
Mandatory
2
3
-
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.
SOM-03
Date Time Period
String (AN)
Mandatory
1
35
-
Expression of a date, a time, or range of dates, times or dates and times
SOM-04
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
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.
SOM-05
Type of Bankruptcy Code
Identifier (ID)
Conditional
1
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.
SOM-06
Date
Date (DT)
Conditional
6
6
-
Date (YYMMDD)
SOM06 provides the bankruptcy filing date.
SOM-07
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
-
Code indicating a Yes or No condition or response
SOM07 indicates if a forbearance plan has been accepted. A "Y" indicates that a forebearance plan has been accepted; an "N" indicates that is has not been accepted.
SOM-08
Loan Status Code
Identifier (ID)
Optional
1
2
-
Code indicating the loan status
SOM08 and SOM11 indicate the preforeclosure status of the mortgage. For example, "15" indicates a preforeclosure acceptance plan was available, and "16" indicates it was not available.
If SOM08 is "Y" then SOM11 is required.
SOM-09
Date Time Period Format Qualifier
Identifier (ID)
Conditional
2
3
-
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 preforeclosure status in SOM08 and SOM11.
SOM-10
Date Time Period
String (AN)
Conditional
1
35
-
Expression of a date, a time, or range of dates, times or dates and times
SOM-11
Loan Status Code
Identifier (ID)
Optional
1
2
-
Code indicating the loan status
SOM-12
Date Time Period Format Qualifier
Identifier (ID)
Conditional
2
3
-
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
SOM-13
Date Time Period
String (AN)
Conditional
1
35
-
Expression of a date, a time, or range of dates, times or dates and times

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