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					                                                DHCR Reporting – Old vs New reporting

       Old DHCR Reporting                                              New DHCR Reporting
CODE   DESCRIPTION                                              CODE   DESCRIPTION
       LOAN   PRODUCT
LN-1   Home   Loan - Fixed Rate Mortgage                        LN-1   Home   Loan   -   Fixed Rate Mortgage
LN-2   Home   Loan - Subprime/Unconventional Loan               LN-2   Home   Loan   -   Subprime Home Loan
LN-3   Home   Loan - Interest Only Loan                         LN-3   Home   Loan   -   Interest Only Loan
LN-4   Home   Loan - Option Adjustable Rate Mortgage            LN-4   Home   Loan   -   Option Adjustable Rate Mortgage
LN-5   Home   Loan - Home Equity Line of Credit                 LN-5   Home   Loan   -   Home Equity Line of Credit
LN-6   Home   Loan - Adjustable Rate Mortgage                   LN-6   Home   Loan   -   Adjustable Rate Mortgage
                                                                LN-8   Home   Loan   -   Hybrid Adjustable Rate Mortgage
                                                                LN-9   Home   Loan   -   80/20 Subprime Home Loan
                                                                LN-B   Home   Loan   -   Tenant – Landlord is in Foreclosure
                                                                LN-C   Home   Loan   -   Unknown
LN-7   Home Loan - Reverse Mortgage                             LN-Z   Home   Loan   -   Other
LN-A   Home Loan - Business / Commercial Loan
LN-Z   Home Loan - Other

       REASON   FOR DEFAULT
RE-1   Reason   - Subprime/Unconventional Mortgage              RE-1   Reason   -   Subprime/Unconventional Loan Product
RE-2   Reason   - Reduction in Income                           RE-2   Reason   -   Reduction in Income
RE-3   Reason   - Poor Budget Management Skills                 RE-3   Reason   -   Poor Budget Management Skills
RE-4   Reason   - Loss of Income                                RE-4   Reason   -   Loss of Income
RE-6   Reason   - Medical Issues                                RE-6   Reason   -   Medical Issues
RE-7   Reason   - Increase in Expenses                          RE-7   Reason   -   Increase in Expenses
RE-8   Reason   - Divorce or Separation                         RE-8   Reason   -   Divorce or Separation
RE-9   Reason   - Death of family Member                        RE-9   Reason   -   Death of family Member
RE-A   Reason   - Failed Business Venture                       RE-A   Reason   -   Failed Business Venture
RE-B   Reason   - Increase in Loan Payment                      RE-B   Reason   -   Increase in Loan Payment
RE-E   Reason   - Payment Dispute                               RE-E   Reason   -   Payment Dispute
                                                                RE-F   Reason   -   Tenant – Landlord in Foreclosure
                                                                RE-G   Reason   -   Owe Property or School Taxes
RE-C   Reason - Already in Active Bankruptcy                    RE-Z   Reason   -   Other
RE-D   Reason - Unexpected Expenses
RE-Z   Reason - OTHER

       RESULT OF ASSISTANCE
RS-0   Result - Obtained Loan Modification                      RS-0   Result - Obtained Loan Modification
RS-J   Result - Borrower received trial loan modification
RS-1   Result - Brought Mortgage Current                        RS-1   Result   -   Brought Mortgage Current
RS-2   Result - Refinanced Mortgage                             RS-2   Result   -   Refinanced Mortgage
RS-3   Result - Sold House in Satisfaction/Short Sale           RS-3   Result   -   Sold House in Satisfaction/Short Sale
RS-4   Result - Sold House But Still Owes Lender                RS-4   Result   -   Sold House But Still Owes Lender
RS-5   Result - Foreclosed                                      RS-5   Result   -   Foreclosed
RS-6   Result - Filed Bankruptcy Under Chapter 7                RS-6   Result   -   Filed Bankruptcy Under Chapter 7
RS-7   Result - Filed Bankruptcy Under Chapter 13, 9            RS-7   Result   -   Filed Bankruptcy Under Chapter 13
RS-8   Result - Client Withdrew or Did Not Return               RS-8   Result   -   Withdrew From Counseling
RS-C   Result - Client has/is seeking private counsel
RS-A   Result - Referred for Legal Representation               RS-A   Result - Referred for Legal Assistance
RS-H   Result - Referral to private attorney
RS-B   Result - Referred to Housing Counselor                   RS-B   Result - Referred to Housing Counselor
SV-W   Services - Referred to housing counselor
RS-E   Result - Repayment plan                                  RS-I   Result - Foreclosure Action Dismissed/Discontinued
RS-G   Result - Special forebearance
RS-I   Result - Foreclosure action dismissed
RS-K   Result - Foreclosure discontinued/ Lis Pendens cancelled
                                                                      RS-L   Result   -   Tenant – Informed of Rights
                                                                      RS-M   Result   -   Tenant – Assisted with Relocating
                                                                      RS-N   Result   -   Cannot Assist Client
                                                                             Result   -   Deed in Lieu
RS-Y   Result - Ongoing – No results as of date of this report        RS-Y   Result   -   Ongoing – No results as of date of this report
RS-Z   Result - OTHER -                                               RS-Z   Result   -   Other

       SERVICES
RS-U   Result -   Scheduled initial meeting w/borrower                SV-0   Consultation
SV-0   Services   - Initial callback/consultation w/client
SV-1   Services   - Outreach & education of foreclosure prev. svcs
SV-C   Services   - Preliminary assessment of client situation
SV-2   Services   - Loss Mitigation                                   SV-2   Services - Loss Mitigation/Negotiation
SV-3   Services   - Counseling                                        SV-3   Services - Counseling
SV-V   Services   - Foreclosure prevention counseling
SV-5   Services   - Referral for legal representation                 SV-5   Services - Referral for legal representation
SV-B   Services   - Ref’d for eviction representation
SV-6   Services   - Legal advice                                      SV-6   Services - Legal advice (Including assistance w/Pro Se)
SV-7   Services   - Defense of foreclosure action                     SV-7   Services - Defense of foreclosure action
SV-L   Services   - Legal representation
RS-9   Result -   Delayed Eviction Giving Time to Seek Alt. Housing   SV-8   Services - Affirmative litigation
SV-8   Services   - Affirmative litigation
SV-4   Services   - Negotiation with lender or servicer
SV-9   Services   - Bankruptcy representation                         SV-9   Services     - Bankruptcy representation
SV-A   Services   - Court-based services                              SV-A   Services     - Court-based services
SV-X   Services   - Multiple attempts to contact borrower                    DELETE
                                                                             Services     - Representation at Settlement Conference
                                                                             Services     - Tenant - Counseling
SV-Z   Services - OTHER -                                             SV-Z   Services     - Other

       REASONS FOR NO ASSISTANCE
RS-W   Result - Rescue funds not available                            NO-1   Rescue Funds Not Available
RS-V   Result - Economics of refinance not viable                     NO-2   Economics of refinance not viable
RS-D   Result - Client did not meet program requirements              NO-3   Client did not meet program requirements
                                                                      NO-4   Client did not Complete and/or Submit Required Forms
RS-F   Result - Loan modification denied                              NO-5   Bank Declined Client Refinance or Modification
                                                                      NO-6   Client Owed Property or School Taxes
                                                                      NO-7   Exceeded Eligible Applicant’s Capacity to Service Additional
                                                                             Clients
RS-X   Result - Unable to contact borrower                            NO-8   Other

				
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posted:3/10/2011
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