Submit the original of the completed form in hard copy or facsimile to the appropriate USDA servicing office.
Customers who have established electronic access credentials with FSA may electronically transmit this form to the USDA servicing office, provided that (1) the customer submitting the form is the only person required to sign the transaction, or (2) the customer has an approved Power of Attorney (Form FSA-211) on file with USDA to sign for other customers for the program and type of transaction represented by this form.
Features for transmitting the form electronically are available to those customers with access credentials only. If you would like to establish online access credentials with USDA, follow the instructions provided at the USDA eForms web site.
Fld Name /
|
Instruction |
1 Borrower ID Number |
Enter the borrower’s social security number or Internal Revenue Service tax identification number. |
2 Borrower Name |
Enter the borrower’s name. If the name is to long for the space you may abbreviate when necessary. |
3 Lender Identifi-cation Number |
Enter the lender’s Internal Revenue Service tax identification number. |
4 Lender Branch Number |
Enter the FSA assigned lender branch number. |
5 Lender Name |
Enter the lender’s business name. If it is too long for the space, you may abbreviate when necessary. |
6 Lender Loan Number |
Enter the loan number assigned by the lender. |
7 Agency Loan Number |
Enter the FSA assigned loan number. This is available on a Form 1980-41, “Loan Status Report,” previously completed for the loan. |
8 Date Loan Became Delinquent |
Enter the date the loan became delinquent. |
9 Unpaid Principal On Loan |
Enter the current unpaid principal balance on the loan as of the date in Item 12. |
10 Unpaid Interest Accrued |
Enter the accrued interest on the loan as of the date in Item 12. |
11 Total Amount Past Due |
Enter the total amount past due on the loan as of the date in Item 12. |
12 As Of Date |
Enter the current reporting date of this default status report. |
13 Delinquent Code |
Enter the code as identified in this section of the form that reflects the current status of the borrower’s loan account. If the code is 1-2, 4-7, 9, or 14-15, bimonthly default status reports must be submitted. If the code is 8, 11-13, or 16-17, no further default status reports are required unless the borrower returns to default status at a future date. |
14 Interest Assistance Has … |
Complete this section to indicate that interest assistance has been considered and ruled out or is being requested on the loan. |
15 Comments On … |
Enter comments on any action taken to correct the default or to provide an update on the status of the borrower. |
16 Signature, Title, Date |
A. The authorized lender’s representative must sign the form here. B. Enter the signing party’s position title.
If you are mailing or faxing this form, print the form and manually enter your signature. If this form is approved for electronic transmission and you have established credentials with FSA to submit forms electronically, use the buttons provided on the form for transmitting the form to the USDA servicing office. |
File Type | application/msword |
File Title | Instructions for FSA-1980-44 |
Author | gg330 |
Last Modified By | Maryann.ball |
File Modified | 2007-06-07 |
File Created | 2007-06-07 |