Payment history profile characters

Metro 2 payment history profile character H: foreclosure

What code H means

The month the mortgage was reported in foreclosure status. Public Metro 2 references describe this character as foreclosure, and some specify foreclosure completed, so how it displays can vary. It's one of the terminal characters in the string, alongside collection, voluntary surrender, repossession and charge-off.

Sources describe this code with some variation. Public documentation doesn't agree on every detail of how payment history profile character H is used, so treat this as a general explanation. If it's on your report, the company that reported it can tell you exactly what it meant.

How it shows on your report

Usually FC or "Foreclosure" in that month's box.

How it affects your score

One of the most severe marks in the grid.

What to check

The foreclosure month should match the date in your foreclosure or sale documents. A short sale or deed in lieu shouldn't be shown as a foreclosure, because mortgage programs set different waiting periods for each, and the difference can decide whether you qualify for a new loan.

If this code is wrong on your report

Sources

  1. Payment Profile (GoldPoint Systems CIM GOLD documentation)
  2. Payment History Profile field (Bureau Relay Metro 2 reference)
  3. Payment History Codes (Spinwheel API docs)

These explanations are ScoreTuner's plain-English summaries. The official specification is the CDIA Credit Reporting Resource Guide, which is copyrighted and not reproduced here. This is education, not legal advice.