element STATUS_CHANGE_EVENT

element {}STATUS_CHANGE_EVENT

Abstractfalse (This can be used in an instance)
Nillablefalse (Instance values cannot use xsi:nil)
Declared Namespacesxmlns:xsd=http://www.w3.org/2001/XMLSchema


Source

<xsd:element name="STATUS_CHANGE_EVENT">
    <
xsd:annotation>
        <
xsd:documentation xml:lang="en">Container for all of the elements associated with status changes on an Investor Loan Report. The status could relate to a monetary event or simply to action taken on the loan. Container repeated within the transaction under Investor Loan Report (non-monetary) and under monetary activity as well.</xsd:documentation>
    </
xsd:annotation>
    <
xsd:complexType>
        <
xsd:attribute name="StatusChangeEventID" type="xsd:ID" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">Provides a unique Identifier for this container and a means by which to reference this container from within this data set</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="InvestorReportingActionType" use="optional">
            <
xsd:simpleType>
                <
xsd:annotation>
                    <
xsd:documentation xml:lang="en">The Reporting System status of the loan as reported to the investor.</xsd:documentation>
                </
xsd:annotation>
                <
xsd:restriction base="xsd:string">
                    <
xsd:enumeration value="Repurchase">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">A repurchase due to the fact that the loan does not meet or no longer meets the contract parameters (a quality control issue).</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="RepurchaseDueToARMConversionToFixedRate">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">A repurchase due to the fact that the loan characteristics are being modified so that the loan no longer meets the ARM contract parameters. Loan is often repurchased by the Investor after the modification under a different contract.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="ForeclosureLiquidatedHeldForSale">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">A change in loan status due to the foreclosure sale of the borrower's property to pay off a defaulted loan. The property is currently held for sale.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="ForeclosureLiquidatedPendingConveyance">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">A change in loan status due to the foreclosure sale of the borrower's property to pay off a defaulted loan. The property is awaiting conveyance to purchaser.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="ForeclosureLiquidatedThirdPartySale">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">A change in loan status due to the foreclosure sale of the borrower's property to pay off a defaulted loan. Property has been sold and conveyed to someone other than the mortgagee or mortgagor.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="MICancellationBasedOnOriginalPropertyValue">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">A change in loan status due to mortgage insurance cancellation based on original property value.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="MICancellationBasedOnCurrentPropertyValue">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">A change in loan status due to mortgage insurance cancellation based on current property value.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="MICancellationAutomaticTermination">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">A change in loan status due to automatic mortgage insurance cancellation provisions.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="MICancellationBasedOnMandatoryTermination">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">A change in loan status due to mandatory mortgage insurance cancellation.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="ExerciseSkipPay">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">A change in loan status due to a borrower request to exercise the skip payment feature.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="PaidInFullPriorToMaturity">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">The loan is paid in full and the action date is prior to the loan's maturity date.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="PaidInFullAtMaturity">
                        <
xsd:annotation>
                            <
xsd:documentation xml:lang="en">The loan is paid in full at the loan's maturity date where the last payment has been received.</xsd:documentation>
                        </
xsd:annotation>
                    </
xsd:enumeration>
                    <
xsd:enumeration value="Other"/>
                </
xsd:restriction>
            </
xsd:simpleType>
        </
xsd:attribute>
        <
xsd:attribute name="InvestorReportingActionTypeOtherDescription" type="xsd:string"
            
use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">A free-form text field used to capture the investor reporting action type if Other is selected as the investor reporting action type.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
        <
xsd:attribute name="InvestorReportingActionDate" type="xsd:string" use="optional">
            <
xsd:annotation>
                <
xsd:documentation xml:lang="en">The actual date associated with the reported Investor Reporting Action Type.</xsd:documentation>
            </
xsd:annotation>
        </
xsd:attribute>
    </
xsd:complexType>
</
xsd:element>


Documentation

Container for all of the elements associated with status changes on an Investor Loan Report. The status could relate to a monetary event or simply to action taken on the loan.  Container repeated within the transaction under Investor Loan Report (non-monetary) and under monetary activity as well.


element STATUS_CHANGE_EVENT


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