EDI
API DocsTerminal

FCL Foreclosure

To specify legal outcome and impact of foreclosure on a lender's claim for mortgage insurance benefits

Sequence
Element
Name
Type
Requirement
Min
Max
Repeat
01
605
Deficiency Judgment Code
Identifier (ID)
Optional
1
2
1
Code identifying the deficiency judgment
FCL01 indicates whether mortgagee obtained a deficiency judgment against mortgagor.
Codes (4)
02
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
1
Code indicating a Yes or No condition or response
FCL02 indicates whether mortgagee's bid for real estate property was successful. A "Y" indicates that it was; an "N" indicates that it was not.
Codes (9)
03
Amount Qualifier Code
Identifier (ID)
Conditional
1
3
1
Code specifying the amount qualifier
P0304: If either FCL-03 or FCL-04 is present, then the other is required
FCL03 and FCL04 indicate the authorized bid amount.
Codes (1797)
04
Monetary Amount
Decimal number (R)
Conditional
1
18
1
Monetary amount
05
Adjustment Reason Code
Identifier (ID)
Optional
2
2
1
Code indicating reason for debit or credit memo or adjustment to invoice, debit or credit memo, or payment
FCL05 indicates factors that will cause an adjustment to mortgagee's claim, for example, the sale of the mortgaged real estate property.
Codes (632)

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Stedi is a registered trademark of Stedi, Inc. Stedi's EDI Reference and Mapping Guides are provided for marketing purposes and are free of charge. All names, logos, and brands of third parties listed on our site are trademarks of their respective owners (including “X12”, which is a trademark of X12 Incorporated). Stedi, Inc. and its products and services are not endorsed by, sponsored by, or affiliated with these third parties. Our use of these names, logos, and brands is for identification purposes only, and does not imply any such endorsement, sponsorship, or affiliation.