LitigationType

Description
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.

Type : LitigationEnum
Value Description
BankruptcyOne or more of the borrowers on the underlying obligation has filed for bankruptcy protection.
ContractAn obligation between two or more parties is the subject of an asserted claim.
ForeclosureThe servicer and or investor has filed a foreclosure action against the borrower or borrowers.
Other
ProbateThe death of one or more parties has subjected the debt to a claim by a probate court.
TortAn interested party has filed a claim asserting a harm for which they believe a court may provide a remedy.

Definition
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.
(Defined in file MISMO_3.4.0_B324.xsd , or a file it imports)

Attributes
DataNotSuppliedReasonTypeA value from a MISMO prescribed list that specifies the reason a specific data point is not included in the message.
DataNotSuppliedReasonTypeAdditionalDescriptionA free-form text field used to provide a supplemental comment or remark regarding the Data Not Supplied Reason Type.
DataNotSuppliedReasonTypeOtherDescriptionA free-form text field used to capture the enumeration when Other is selected for Data Not Supplied Reason Type.
label
SensitiveIndicatorAllows producers and consumers of XML instance documents that are valid MISMO V3 documents to mark any data point to be treated as sensitive. MISMO recommends that any use of a data point labeled as "Sensitive Information" in the LDD ALWAYS have this attribute set to "true".

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