LoanStateEnum

Title
LoanStateEnum

Description
Identifies the state in time for the information associated with this occurrence of LOAN.

Used By
\MESSAGE\DEAL_SETS\DEAL_SET\DEALS\DEAL\LOANS\LOAN\LOAN_STATE\LoanStateType ( LoanStateType )

Codes
Value Description
AtBankruptcyFilingA snapshot of the loan data at the time a borrower files for bankruptcy.
AtClosingA snapshot of the loan data at the completion of the closing process. This is sometimes referred to as "original".
AtConversionFor loans with a conversion option, a snapshot of the loan data at the time the conversion features become effective (e.g., biweekly to monthly payments; adjustable to fixed rate amortization).
AtEstimateA snapshot of the loan data at the point in time when a loan estimate is disclosed.
AtModificationFor loans which undergo term modifications not originally specified in the note, a snapshot of the loan data at the time the new note terms become effective.
AtReliefFor loans subject to payment relief, a snapshot of the loan data at the time the relief is initiated.
AtResetFor balloon mortgages with a reset feature, a snapshot of the loan data on the balloon maturity date at the time the borrower exercises the reset option to modify and extend the balloon note.
AtTransferA snapshot of the loan data as of the effective date of the servicing transfer.
AtTrialA snapshot of the loan data at the initiation of a trial period for a workout modification.
AtUnderwritingA snapshot of the loan data at the point at which the underwriting recommendation is made.
CurrentA snapshot of the loan data as of the "Loan State Date".