DFI Default Information

To specify mortgage loan default information

Position
Element
Name
Type
Requirement
Min
Max
Repeat
DFI01
Status Reason Code
Identifier (ID)
Optional
3
3
1
Code indicating the status reason
DFI01 indicates code specifying the reason for default status.
DFI02
Claim Filing Indicator Code
Identifier (ID)
Optional
1
2
1
Code identifying type of claim
DFI02 indicates code specifying type of claim.
DFI03
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
1
Code indicating a Yes or No condition or response
DFI03 indicates if default resulted in a direct conveyance. A "Y" indicates that it resulted in a direct conveyance; an "N" indicates that it did not.
DFI04
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
1
Code indicating a Yes or No condition or response
DFI04 indicates if this is the first payment in default. A "Y" indicates this is the first payment in default; an "N" indicates it is not.

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