Zenbridge
Transaction SetsSegments

FCL Foreclosure

Batch

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

Elements

PositionElementNameTypeMin/MaxRepeat
1605Deficiency Judgment CodeOptID1/21
21073Yes/No Condition or Response CodeOptID1/11
3522Amount Qualifier CodeRelID1/31
4782Monetary AmountRelDecimal1/181
5426Adjustment Reason CodeOptID2/21

Element Details

ID605
NameDeficiency Judgment Code
LengthMin 1 / Max 2
Position1
RequirementOpt
Codes
  • <>1Deficiency Judgment Authorized by Mortgage Insurer but Not Obtained
  • <>4Deficiency Judgment Not Authorized by Mortgage Insurer and Not Obtained
  • <>2Deficiency Judgment Obtained but Not Authorized by Mortgage Insurer
  • <>3Deficiency Judgment Authorized by Mortgage Insurer and Obtained