Metro 2 Payment History Profile Code H: Foreclosure Completed

Specification

Code	H
Meaning	Foreclosure Completed
Field	Payment History Profile (Field 18)
Record	Base Segment
Length / position	24 chars · 112–135
Category	Terminal Outcomes
CRRG reference	CRRG Base Segment field definition, Payment History Profile

The word that matters is completed. A loan in the foreclosure pipeline is still reported through the delinquency ladder until the foreclosure actually finishes.
H is a mortgage-portfolio character in practice, because foreclosure is a remedy against real property.
It describes the disposition of the collateral. Any remaining deficiency balance continues to be reported through the balance fields and, if it is pursued, through the appropriate status.
Does NOT mean voluntary. A borrower who hands back the property before completion of foreclosure is a voluntary surrender, which is J.
Does NOT mean the account was charged off. If you also charged the balance off, that is a separate event with its own character and status.

1A mortgage servicer reports the month a foreclosure sale completed on a first-lien residential loan.
2A credit union reports the completion of foreclosure on a home-equity line after the senior lienholder's sale.
3A servicer reports the month title transferred following a completed foreclosure action on an investment property.
4A portfolio holder reports a completed foreclosure where a deficiency balance remains outstanding afterward.

Report H in the month the foreclosure actually completed. Months during the process carry the delinquency characters that were true at the time.
Do not use H for a deed in lieu or a short sale. Those are different dispositions with their own reporting.
Keep the Date of First Delinquency anchored to the original missed payment that led to the foreclosure.
Report the K3 mortgage information segment where the portfolio requires it, so the property and mortgage type stay consistent with a foreclosure outcome.

A file can be structurally valid and still be wrong. These are the cross-field conditions Payment History Profile Code H has to satisfy.

Payment Rating does not publish an H value, so an H in position 1 has to be reconciled against Account Status rather than mechanically against Payment Rating.
H in position 1 corresponds to Account Status 94 (foreclosure completed).
Normally a Portfolio Type M (Mortgage) account, and the K3 segment carrying mortgage information should be present where the portfolio uses it.
A Date of First Delinquency is required. A completed foreclosure with no reported first delinquency is an incomplete record.
Once H appears, the string cannot improve behind it in the same way it cannot improve behind an L: a healthier character in a more recent position contradicts the completed disposition.