While a foreclosure is pending and the claimant continues to live in the home, the
LA basis continues to be home ownership, as described in “When Home Ownership is the
Living Arrangement (LA) Basis, in section SI 00835.110.” For purposes of determining ISM, assume that the claimant:
retains an ownership interest in the home; and
has responsibility to pay the mortgage until the foreclosure is final.
NOTE: Develop LA and ISM following the normal rules for sequential development of LA in
After the foreclosure is final, the claimant no longer has an ownership interest in
the home. At that time, develop the claimant’s new LA.