LITIGATION_DETAIL

Description
Describes information about a legal contest by judicial process.

Type : LITIGATION_DETAIL

Definition
Describes information about a legal contest by judicial process.
(Defined in file MISMO_3.4.0_B324.xsd , or a file it imports)

Elements
DismissalTypeA value from a MISMO prescribed list that represents the type of dismissal the court has made to end the litigated matter.A value from a MISMO prescribed list that represents the type of dismissal the court has made to end the litigated matter.
EXTENSION
LitigationAffectsInvestorIndicatorWhen true, indicates litigation affects the investor. This litigation may seek damages against the investor, challenge the validity of the mortgage loan or poses legal or reputational risk to the investor.A data type of Indicator SHOULD identify a data point that represents a boolean value. The value choices SHOULD be "true" or "false" but MAY be "1" or "0". EXAMPLE: A Basement Finished Indicator for a basement that qualifies would be expressed as "true".
LitigationAffectsTitleIndicatorWhen true, indicates the litigation affects the title or limits valid conveyance of the subject property.A data type of Indicator SHOULD identify a data point that represents a boolean value. The value choices SHOULD be "true" or "false" but MAY be "1" or "0". EXAMPLE: A Basement Finished Indicator for a basement that qualifies would be expressed as "true".
LitigationClassActionIndicatorWhen true, the filed or threatened litigation involves a group of interested parties, qualified by a court.A data type of Indicator SHOULD identify a data point that represents a boolean value. The value choices SHOULD be "true" or "false" but MAY be "1" or "0". EXAMPLE: A Basement Finished Indicator for a basement that qualifies would be expressed as "true".
LitigationEndReasonTypeA value from a MISMO prescribed list that represents the reason the judicial process has ended.A value from a MISMO prescribed list that represents the reason the judicial process has ended.
LitigationEndReasonTypeAdditionalDescriptionA free-form text field used to provide a supplemental comment or remark to the Litigation End Reason Type.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided. EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.".
LitigationEndReasonTypeOtherDescriptionA free-form text field that specifies the enumeration when Other is selected for Litigation End Reason Type.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided. EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.".
LitigationFiledDateThe date litigation was filed in a court of law against one or more of the named parties.A data type of Date SHOULD identify a data point that represents numerically a specific year, month and year, or day month and year of the Gregorian Calendar. Full dates MUST be represented in the extended format CCYY-MM-DD CCYY is a four-digit year, "0001" through "9999" MM is a two-digit month of that year, "01" through "12" DD is a two-digit day of that month, "01" through "31" Padded zeros must be used. - is the required separator between CCYY-MM-DD if the day or month and day are dropped, the preceding separator is also dropped an optional trailing time zone indicator is permitted using either Z (for Coordinated Universal Time UTC) or an offset from UTC using +hh:mm or -hh:mm as in Datetime Note that negative or extended (more than 4 digit) years are not permitted. EXAMPLE: A Next Escrow Review Date that discloses the year and month would be expressed as "2010-06".
LitigationProceedingsEndDateThe date litigation ended, by settlement, dismissal or the completion of court proceedings. At the completion of court proceedings the parties may still be awaiting final judgment.A data type of Date SHOULD identify a data point that represents numerically a specific year, month and year, or day month and year of the Gregorian Calendar. Full dates MUST be represented in the extended format CCYY-MM-DD CCYY is a four-digit year, "0001" through "9999" MM is a two-digit month of that year, "01" through "12" DD is a two-digit day of that month, "01" through "31" Padded zeros must be used. - is the required separator between CCYY-MM-DD if the day or month and day are dropped, the preceding separator is also dropped an optional trailing time zone indicator is permitted using either Z (for Coordinated Universal Time UTC) or an offset from UTC using +hh:mm or -hh:mm as in Datetime Note that negative or extended (more than 4 digit) years are not permitted. EXAMPLE: A Next Escrow Review Date that discloses the year and month would be expressed as "2010-06".
LitigationThreatenedDateThe date an interested party learned of threatened litigation.A data type of Date SHOULD identify a data point that represents numerically a specific year, month and year, or day month and year of the Gregorian Calendar. Full dates MUST be represented in the extended format CCYY-MM-DD CCYY is a four-digit year, "0001" through "9999" MM is a two-digit month of that year, "01" through "12" DD is a two-digit day of that month, "01" through "31" Padded zeros must be used. - is the required separator between CCYY-MM-DD if the day or month and day are dropped, the preceding separator is also dropped an optional trailing time zone indicator is permitted using either Z (for Coordinated Universal Time UTC) or an offset from UTC using +hh:mm or -hh:mm as in Datetime Note that negative or extended (more than 4 digit) years are not permitted. EXAMPLE: A Next Escrow Review Date that discloses the year and month would be expressed as "2010-06".
LitigationTypeA value from a MISMO prescribed list that represents the type of legal action that has been filed or threatened by one or more parties that may impact the servicer, investor, borrower or underlying obligation.A value from a MISMO prescribed list that represents the type of legal action that has been filed or threatened by one or more parties that may impact the servicer, investor, borrower or underlying obligation.
LitigationTypeAdditionalDescriptionA free-form text field used to provide a supplemental comment or remark to an individual Litigation Type.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided. EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.".
LitigationTypeOtherDescriptionA free-form text field that specifies the enumeration when Other is selected for Litigation Type.A data type of String SHOULD identify a data point that is either a text value consisting of a word, phrase, sentence, paragraph, or formatted (TAB, CR, LF) character content depending on its purpose or a numeric value with a maximum of 16383 characters and MAY have the lang attribute. There is no list of valid values provided. EXAMPLE: A Disqualificaton Reason Text for excluding a product from those offered to a borrower could be expressed as "Does not meet income to indebtedness guidelines for down payment support.".
NonTitleLitigationAffectsPropertyIndicatorWhen true, indicates litigation affects the subject property excluding title issues.A data type of Indicator SHOULD identify a data point that represents a boolean value. The value choices SHOULD be "true" or "false" but MAY be "1" or "0". EXAMPLE: A Basement Finished Indicator for a basement that qualifies would be expressed as "true".

Attributes
label

Parents
\MESSAGE\DEAL_SETS\DEAL_SET\DEALS\DEAL\LITIGATIONS\LITIGATION