Metro 2 Account Type Code 19: FHA Real-Estate Mortgage

Specification

Code	19
Meaning	FHA Real-Estate Mortgage
Field	Account Type (Field 15)
Record	Base Segment
Length / position	2 chars · 84–85
Category	Government Obligations
CRRG reference	CRRG Exhibits 1 & 2 (Account Type Codes)

The federal insurance is the distinguishing fact. The loan is privately originated and held; the FHA insures the lender against loss.
A mortgage account type, so the tradeline sits in the mortgage view of the consumer file and carries the K3 segment.
Does NOT cover an FHA Title I home-improvement loan, which is 05 and reported as Portfolio Type I with no K3 segment.
Does NOT cover a VA-guaranteed or USDA-guaranteed mortgage. Those are 25 and 2C respectively, and the distinction matters to anyone underwriting a refinance.
Streamline refinances are new loans. The refinancing lender opens a new tradeline; the paid loan closes with a zero balance.

1A mortgage servicer reports a 30-year FHA-insured purchase loan on an owner-occupied single-family home.
2A lender reports an FHA streamline refinance as a new tradeline while the prior loan is reported paid.
3A servicer reports an FHA loan in a loss-mitigation forbearance, carried through Account Status and Special Comment.
4A servicer reports an FHA loan modified under a partial-claim arrangement, keeping the account type unchanged.
5A servicer that acquired FHA servicing rights reports the boarded loans under their correct programme code rather than under 08.

Populate the K3 segment. Mortgage type and property indicator are the fields that make a mortgage tradeline useful downstream.
Do not classify an FHA loan as 26 (conventional). The programme is a material fact for refinance and assumption decisions.
Report a modification through Account Status, Special Comment, and updated terms rather than by changing the account type.
On a foreclosure, keep Account Type 19 and carry the outcome in Account Status while the Date of First Delinquency stays anchored to the original delinquency.
When servicing transfers, the new servicer reports the same account type and the transferring servicer closes with a zero balance.

A file can be structurally valid and still be wrong. These are the cross-field conditions Account Type Code 19 has to satisfy.

Portfolio Type must be M (Mortgage). Portfolio Type M is where the K3 segment becomes relevant, carrying mortgage identification number, mortgage type, and property indicator.
Portfolio Type M requires a Scheduled Monthly Payment Amount and a numeric Terms Duration in months, typically 180, 240, or 360.
Credit Limit must be zero-filled. A mortgage is not a line of credit; an equity line belongs under a different code.
Highest Credit / Original Loan Amount carries the original principal and stays fixed even when the balance is later modified.
Terms Frequency is normally M, with B legitimate on biweekly payment programmes.
On a foreclosure, Date of First Delinquency must be present and must not be reset by a modification or a forbearance.
A non-borrowing spouse or co-borrower is carried in ECOA plus a J1 or J2 segment, not by changing Account Type.