Foreclosure Flag definition

Foreclosure Flag noting that the Mortgage Loan is the subject of foreclosure proceedings.
Foreclosure Flag noting that the Business Loan is the subject of foreclosure proceedings.

Examples of Foreclosure Flag in a sentence

  • H Post Foreclosure Flag R=REO C=Claims T=Third Party N= No FC sale held Servicer defined indicator that identifies that the property is in REO/Claims or went to a Third Party at FC sale I Foreclosure attorney referral date DATE(MM/DD/YYYY) Actual date that the loan was referred to local counsel to begin foreclosure proceedings.