Form RD 1980-44 — Guaranteed Loan Borrower Default Status (USDA Rural Development)

Summary

USDA Form RD 1980-44, Guaranteed Loan Borrower Default Status, issued by the United States Department of Agriculture Rural Development (Rev. 12-99, OMB No. 0570-0016). The form has numbered fields for borrower and lender identification, loan numbers, the date the loan became delinquent, unpaid principal, unpaid interest accrued, total amount past due and an as-of date. Item 13 lists delinquent codes, including 02 for borrower will pay delinquent amount, 04 for forced liquidation pending and 13 for loan reinstated and current. The form closes with fields for comments on the status of the borrower loan account, authorized lender signature, title and date. It states an estimated average of 20 minutes per response under the Paperwork Reduction Act of 1995.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Full text

                                                                                                                                  Form Approved OMB No. 0570-0016
                                                                 UNITED STATES DEPARTMENT OF
USDA
Form RD 1980-44                                                AGRICULTURE RURAL DEVELOPMENT
(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
               *07 - VOLUNTARY LIQUIDATION PENDING ESTIMATED LOSS CLAIM FILED                     *Requires Rural Development
               *08 - TEMPORARY LOAN BY LENDER TO BRING ACCOUNT CURRENT                            concurrence prior to final lender action.
               *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




According to the Paperwork Reduction Act of 1995, no persons are required to respond to a collection of information unless it displays a valid OMB control number. The valid OMB
control number for this information collection is 0570-0016. The time required to complete this information collection is estimated to average 20 minutes per response, including the
time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.


                                                                  Rural Development Servicing Office
                                                                  File Position 2


File and source

File

usda-rural-development-rd1980-44-guaranteed-loan-borrower-default-status-www-rd-usda-gov-8e85dac235.pdf

Size

68,525 bytes

SHA-256

9da5c9d8656f3e77c59f428830142a9aae685a40d75d3f98811f2af7579d29d2

Our copy

usda-rural-development-rd1980-44-guaranteed-loan-borrower-default-status-www-rd-usda-gov-8e85dac235.pdf

Original

No public link identified.