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All CollectionsX12 EDITransaction Sets200-299
X12 - 266 - Mortgage or Property Record Change Notification
X12 - 266 - Mortgage or Property Record Change Notification
Skylar Nguyen avatar
Written by Skylar Nguyen
Updated this week

Product: X12 EDI

Transaction: 266


266 - Mortgage or Property Record Change Notification

FUNCTIONAL GROUP=MG

This X12 Transaction Set contains the format and establishes the data contents of the Mortgage or Property Record Change Notification Transaction Set (266) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set can be used by financial institutions such as Mortgagees, Lienholders, and Lessors to inform interested parties such as Insurers, Investors, and Taxing Authorities of mortgage or property record changes. This transaction set is intended to be used by financial institutions to communicate change notifications, such as the sale of mortgages, assumptions, transfers, and terminations of interest.


SCHEMA


ST

Segment

Name

Position

ST

0100

BGN

Beginning Segment

0200

0100

0200

Segment

Name

Position

LX

Transaction Set Line Number

0100

API

Activity or Process Information

0200

DTP

Date or Time or Period

0300

QTY

0400

AMT

0500

0210

0220

Segment

Name

Position

N9

1200

0221

Segment

Name

Position

NM1

Individual or Organizational Name

1300

N2

1400

N3

1500

N4

1600

PER

1700

REF

1800

0222

Segment

Name

Position

API

Activity or Process Information

1900

N3

2000

N4

2100

DTP

Date or Time or Period

2200

REF

2300

CRC

Conditions Indicator

2400

QTY

2500

AMT

2600

INT

Interest

2700

PCT

Percent Amounts

2800

NTE

2900

VEH

Vehicle Information

2920

PID

2940

SE

Transaction Set Trailer

3000


COMMENTS


Notes

1/0200

BGN indicates whether the set is an original or a corrected and verified transmission.

1/0300

Loop 0100 provides information on the principal parties of this transaction, such as the sending and receiving parties.

2/0100

Loop 0200 contains group level reporting information.

2/0200

API indicates the reporting type.

2/0600

Loop 0210 identifies the parties involved in the reporting process.

2/1200

Loop 0220 contains mortgage loan detail level information.

2/1300

Loop 0221 contains information on the individual or parties associated with the loan.

2/1900

Loop 0222 contains loan specific details, identifies the property associated with a mortgage loan, and loan handling information.

2/1900

API identifies the status of a specific loan or actions to be taken towards the loan.

rev 29/11/2024

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