202 - Secondary Mortgage Market Loan Delivery

FUNCTIONAL GROUP=MJ

This X12 Transaction Set contains the format and establishes the data contents of the Secondary Mortgage Market Loan Delivery Transaction Set (202) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set can be used to report mortgage loan information (i.e., borrower, property, underwriting information, etc.) among mortgage lenders, mortgage service vendors, and secondary mortgage market organizations.

SCHEMA

ST

Segment	Name	Position
ST	Transaction Set Header	0100
BGN	Beginning Segment	0200
TRN	Trace	0300
DTP	Date or Time or Period	0400

N1

Segment	Name	Position
N1	Party Identification	0500
N2	Additional Name Information	0600
N3	Party Location	0700
N4	Geographic Location	0800
REF	Reference Information	0900
PER	Administrative Communications Contact	1000

N9

Segment	Name	Position
N9	Extended Reference Information	0100

DEX

Segment	Name	Position
DEX	Delivery Execution Information	0200
REF	Reference Information	0300
CN1	Contract Information	0400
PCT	Percent Amounts	0500
INT	Interest	0600
AMT	Monetary Amount Information	0700
QTY	Quantity Information	0800
MPP	Mortgage Pool Program	0900
DTP	Date or Time or Period	1000
III	Information	1100

ASM

Segment	Name	Position
ASM	Amount and Settlement Method	1200
N1	Party Identification	1300
REF	Reference Information	1400

NM1

Segment	Name	Position
NM1	Individual or Organizational Name	1500

LX

Segment	Name	Position
LX	Transaction Set Line Number	1600
REF	Reference Information	1700
AMT	Monetary Amount Information	1800
DTP	Date or Time or Period	1900
YNQ	Yes/No Question	2000
QTY	Quantity Information	2100
N1	Party Identification	2200
III	Information	2300
LUC	Loan Underwriting	2400
RLD	Down Payment Data	2500
INT	Interest	2600
PPD	Payment Pattern Details	2700
PWK	Paperwork	2800
BUY	Loan Buydown	2900
PEX	Property or Housing Expense	3000
BEP	Borrower Education Program	3100

IGI

Segment	Name	Position
IGI	Insurer or Guarantor Information	3200
REF	Reference Information	3300
PCT	Percent Amounts	3400

NX1

Segment	Name	Position
NX1	Property or Entity Identification	3500
NX2	Location ID Component	3600
REA	Real Estate Property Information	3700
PDS	Property Description/Legal Description	3800

LN1

Segment	Name	Position
LN1	Loan Specific Data	3900
YNQ	Yes/No Question	4000
DTP	Date or Time or Period	4100
REF	Reference Information	4200

CRC

Segment	Name	Position
CRC	Conditions Indicator	4300
IN1	Individual Identification	4400
IN2	Individual Name Structure Components	4500
DMG	Demographic Information	4600
QTY	Quantity Information	4700
N1	Party Identification	4800
YNQ	Yes/No Question	4900
AIN	Income	5000
AMT	Monetary Amount Information	5100

SCM

Segment	Name	Position
SCM	Credit Score Model	5200
SCS	Credit Score	5300

PAM

Segment	Name	Position
PAM	Period Amount	5400
YNQ	Yes/No Question	5500
REF	Reference Information	5600

UWI

Segment	Name	Position
UWI	Underwriting Information	5700
III	Information	5800
REF	Reference Information	5900
MSG	Message Text	6000

SE

Segment	Name	Position
CTT	Transaction Totals	0100
SE	Transaction Set Trailer	0200

COMMENTS

Notes
1/0500	The N1 Loop is used to identify the sender and receiver information.
2/0100	The N9 segment identifies the issuer reference number or originator of the mortgage reference number.
2/0200	The DEX Loop is used to report loan delivery execution and contract data for mortgage loans.
2/0300	The REF segment identifies the subservicer number, master contract number, contract number, and pool number for the loans being delivered.
2/0800	The QTY segment is used to report contract information such as commitment period, contract buyup and buydown.
2/0900	The MPP segment identifies Government National Mortgage Association (GNMA) and Fannie Mae (FNMA) pool information.
2/1200	The ASM Loop is used to identify wire instructions, proceed amounts and account numbers associated with the contract or pool funding.
2/1500	The NM1 segment identifies the document custodian of the mortgage.
2/1600	The LX Loop is used to identify mortgage loan level information.
2/2000	The YNQ segment is used to answer questions about the loan such as third party originated, capitalized mortgage, property covered by flood insurance, etc.
2/2100	The QTY segment is used to report the number of borrowers, guaranty fee rates, or buyup or buydown rates.
2/3200	The IGI loop is used to identify information associated with mortgage insurance including the mortgage insurance certificate numbers.
2/3500	The NX1 loop is used to describe the characteristics of the subject property.
2/3900	The LN1 loop is used for high level and subordinate loan level information.
2/4000	The YNQ segment identifies if a subject lien is involved.
2/4300	The CRC Loop is used to identify the borrower and co-borrower information at either the summary loan level or the individual borrower level.
2/4400	The IN1 segment identifies the borrower and co-borrower name.
2/4700	The QTY segment is used to report borrower age, years employed by company, total other properties owned and financed, or total number of dependents.
2/4900	The YNQ segment identifies whether the borrower is self employed or a non-occupant co-borrower.
2/5200	The SCM loop is used to capture credit scoring information for borrower and co-borrower.
2/5400	The PAM Loop is used to identify the number of bedrooms in each unit of the property and gross rental income per unit.
2/5500	The YNQ segment determines whether the unit should be counted as an efficiency or studio.
2/5700	The UWI Loop is used to identify automated underwriting system information.
3/0100	The CTT segment is used to provide summary information on the number of loans in delivery. It is the count of the number of iterations of the LX loop. Each LX loop defines a single loan.

rev 28/11/2024