65Closed/Paid Accounts
Status Code 65: Paid - Foreclosure Started
Account paid in full after foreclosure proceedings began
Overview
- Used when mortgage or secured account was satisfied after foreclosure was initiated
- Indicates consumer cured default during foreclosure process
- Shows account resolved despite serious delinquency
- Foreclosure process was halted due to payment
Common Use Cases
- 1Mortgage paid in full during foreclosure proceedings
- 2Consumer reinstated loan before foreclosure sale
- 3Property sold by consumer during foreclosure process to satisfy debt
Reporting Guidelines
- Report zero balance
- Maintain foreclosure initiation date in history
- Update to show foreclosure did not complete
Other Closed/Paid Accounts
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