EDI 872 Residential Mortgage Insurance Application

This X12 Transaction Set contains the format and establishes the data contents of the Abandoned Property Filings Transaction Set 872 for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set is used to report abandoned property filings information, such as uncashed checks or abandoned bank account balances, to government agencies and may be used by the government agencies to distribute information on abandoned property for publication to the general public. It may also be used to initiate an Electronic Funds Transfer (EFT) payment to transfer the value of the abandoned property to the government agencies.

Segments

Position

Segment

Name

Max use

Transaction Set Header

Mandatory

AtMax 1

To indicate the start of a transaction set and to assign a control number

BGN

Beginning Segment

Mandatory

AtMax 1

To indicate the beginning of a transaction set

Name

Mandatory

AtMax 5

To identify a party by type of organization, name, and code

LOOP

Mandatory

GT 1

Assigned Number

Mandatory

AtMax 1

To reference a line number in a transaction set

Name

Mandatory

AtMax 1

To identify a party by type of organization, name, and code

REF

Reference Identification

Opt

AtMax 12

To specify identifying information

LRQ

LOOP

Mandatory

GT 1

LRQ

Mortgage Characteristics Requested

Mandatory

AtMax 1

To describe the characteristics of a mortgage requested by the applicant(s)

LN1

Loan Specific Data

Mandatory

AtMax 1

To provide high-level information about a loan

PRD

Mortgage Loan Product Description

Mandatory

AtMax 1

To describe terms of a mortgage product

MIC

Mortgage Insurance Coverage

Mandatory

AtMax 5

To describe the type and extent of mortgage insurance

PER

Administrative Communications Contact

Opt

AtMax 5

To identify a person or office to whom administrative communications should be directed

REF

Reference Identification

Opt

AtMax 10

To specify identifying information

100

PEX

Property or Housing Expense

Opt

AtMax 20

To provide housing expense information

110

RLD

Down Payment Data

Opt

AtMax 5

To provide amount or nature of loan down payment

120

PAY

Adjustable Payment Description

Opt

AtMax 1

To provide the terms of payment adjustment

130

RAT

Adjustable Rate Description

Opt

AtMax 1

To describe terms of rate adjustment

SCM

LOOP

Mandatory

AtMax 10

140

SCM

Credit Score Model

Opt

AtMax 1

To define the credit score model used and the related score

150

SCS

Credit Score

Opt

AtMax 5

To identify evaluation factors used in determining an applicant's credit score

NX1

LOOP

Mandatory

AtMax 5

160

NX1

Property or Entity Identification

Mandatory

AtMax 1

To define the attributes of a property or an entity

170

NX2

Location ID Component

Mandatory

AtMax 30

To define types and values of a geographic location

PAS

LOOP

Mandatory

AtMax 5

180

PAS

Property Appraisal Summary

Mandatory

AtMax 1

To provide high-level information about the property valuation

190

Name

Opt

AtMax 2

To identify a party by type of organization, name, and code

200

PER

Administrative Communications Contact

Opt

AtMax 10

To identify a person or office to whom administrative communications should be directed

210

MSG

Message Text

Opt

AtMax 10

To provide a free-form format that allows the transmission of text information

IN1

LOOP

Mandatory

AtMax 12

220

IN1

Individual Identification

Mandatory

AtMax 1

To provide identification of an individual or entity

230

IN2

Individual Name Structure Components

Mandatory

AtMax 10

To sequence individual name components for maximum specificity

240

YNQ

Yes/No Question

Opt

AtMax 5

To identify and answer yes and no questions, including the date, time, and comments further qualifying the condition

250

DMG

Demographic Information

Opt

AtMax 1

To supply demographic information

260

MSG

Message Text

Opt

AtMax 1

To provide a free-form format that allows the transmission of text information

270

N10

Quantity and Description

Opt

AtMax 1

To indicate line item quantity, description, marks and numbers, commodity code, weight, and customs value

280

BFS

Borrower Financial Summary

Opt

AtMax 1

To provide summary totals for borrower's financial position

SCM

LOOP

Mandatory

AtMax 10

290

SCM

Credit Score Model

Opt

AtMax 1

To define the credit score model used and the related score

300

SCS

Credit Score

Opt

AtMax 5

To identify evaluation factors used in determining an applicant's credit score

NX1

LOOP

Mandatory

AtMax 10

310

NX1

Property or Entity Identification

Opt

AtMax 1

To define the attributes of a property or an entity

320

NX2

Location ID Component

Mandatory

AtMax 30

To define types and values of a geographic location

330

N10

Quantity and Description

Opt

AtMax 1

To indicate line item quantity, description, marks and numbers, commodity code, weight, and customs value

340

ARS

Applicant Residence Specifics

Opt

AtMax 1

To provide type of residency

REA

LOOP

Mandatory

AtMax 1

350

REA

Real Estate Property Information

Opt

AtMax 1

To provide a description of real estate or general property information

360

AMT

Monetary Amount

Opt

AtMax 10

To indicate the total monetary amount

MCD

LOOP

Mandatory

AtMax 1

370

MCD

Mortgage Closing Data

Opt

AtMax 1

To provide details about loan settlement

380

AMT

Monetary Amount

Opt

AtMax 10

To indicate the total monetary amount

BUY

LOOP

Mandatory

AtMax 20

390

BUY

Loan Buydown

Opt

AtMax 1

To describe the features of a loan buydown

400

TBA

Temporary Buydown Adjustment

Opt

AtMax 10

To indicate amount or period of temporary buydown adjustment

PRJ

LOOP

Mandatory

AtMax 1

410

PRJ

Multifamily Housing Project

Opt

AtMax 1

To describe attributes of a multifamily housing project

420

PER

Administrative Communications Contact

Opt

AtMax 10

To identify a person or office to whom administrative communications should be directed

430

Transaction Set Trailer

Mandatory

AtMax 1

To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)

Elements

Position	Element	Name	Requirement	Type	Min/Max	Repeat

1	143	Transaction Set Identifier Code	Mandatory	ID	3/3	1

2	329	Transaction Set Control Number	Mandatory	Alphanumeric	4/9	1

EDI Dictionary

EDI 872 Residential Mortgage Insurance Application

Segments

Elements