| Bankruptcy | One or more of the borrowers on the underlying obligation has filed for bankruptcy protection. |
| Contract | An obligation between two or more parties is the subject of an asserted claim. |
| Foreclosure | The servicer and or investor has filed a foreclosure action against the borrower or borrowers. |
| Other | |
| Probate | The death of one or more parties has subjected the debt to a claim by a probate court. |
| Tort | An interested party has filed a claim asserting a harm for which they believe a court may provide a remedy. |