RD 1980-44 Guaranteed Loan Borrower Default Status

Form Approved OMB No. 0570-0016
UNITED STATES DEPARTMENT OF
AGRICULTURE RURAL DEVELOPMENT

USDA

Form RD 1980-44
(Rev. 12-99)

GUARANTEED LOAN BORROWER DEFAULT STATUS

INSTRUCTIONS - TYPE IN CAPITALIZED ELITE.
Complete all items. See Reverse.

1. BORROWER ID NUMBER

2. BORROWER NAME

3. LENDER ID NUMBER

4. LENDER BRANCH NUMBER

5. LENDER NAME

6. LENDER LOAN NUMBER

7. AGENCY LOAN NUMBER

8. DATE LOAN BECAME DELINQUENT

9. UNPAID PRINCIPAL ON LOAN

10. UNPAID INTEREST ACCRUED

$

$

11. TOTAL AMOUNT PAST DUE

12. AS OF DATE

$
13. DELINQUENT CODE
01 - DELINQUENT-DISPOSITION FORTHCOMING
02 - BORROWER WILL PAY DELINQUENT AMOUNT
03 - NOT VALID FOR THIS PROGRAM
*04 - FORCED LIQUIDATION PENDING
*05 - VOLUNTARY LIQUIDATION PENDING
*06 - FORCED LIQUIDATION PENDING, ESTIMATED LOSS CLAIM FILED
*Requires Rural Development
*07 - VOLUNTARY LIQUIDATION PENDING ESTIMATED LOSS CLAIM FILED
concurrence prior to final lender action.
*08 - TEMPORARY LOAN BY LENDER TO BRING ACCOUNT CURRENT
*09 - BORROWER RESTRUCTURING PENDING
10 - NOT VALID FOR THIS PROGRAM
*11 - REAMORTIZATION OR RESCHEDULING OF PAYMENTS COMPLETED
*12 - PRINCIPAL/INTEREST PAYMENTS DEFERRED COMPLETED
13 - LOAN REINSTATED AND CURRENT
14 - BANKRUPTCY LIQUIDATION FILED BY BORROWER
15 - BANKRUPTCY REORGANIZATION FILED BY BORROWER
16 - BANKRUPTCY REORGANIZATION COMPLETE, LOAN CURRENT AS PER BANKRUPTCY PLAN
17 - BANKRUPTCY REORGANIZATION COMPLETE, COURT ORDERED INTEREST RATE REDUCTION IN EFFECT AS PER BANKRUPTCY PLAN

14. COMMENTS ON STATUS OF BORROWER LOAN ACCOUNT

15. AUTHORIZED LENDER SIGNATURE

16. TITLE

17. DATE

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Rural Development Servicing Office
File Position 2