EDI 205 Mortgage Note

This X12 Transaction Set contains the format and establishes the data contents of the Mortgage Note Transaction Set (205) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set can be used by mortgage originators, settlement agents, warehouse lenders, document custodians, secondary market entities and other industry participants to exchange the data comprising the mortgage note and mortgage characteristics.

Segments

Position

Segment

Name

Max use

100

Transaction Set Header

Mandatory

AtMax 1

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

200

BGN

Beginning Segment

Mandatory

AtMax 1

To indicate the beginning of a transaction set

300

TRN

Trace

Opt

AtMax 1

To uniquely identify a transaction to an application

NM1

LOOP

Mandatory

AtMax 5

400

NM1

Individual or Organizational Name

Mandatory

AtMax 1

To supply the full name of an individual or organizational entity

500

Additional Name Information

Opt

AtMax 2

To specify additional names

600

Party Location

Opt

AtMax 2

To specify the location of the named party

700

Geographic Location

Opt

AtMax 1

To specify the geographic place of the named party

800

PER

Administrative Communications Contact

Opt

AtMax 2

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

900

REF

Reference Information

Opt

AtMax 4

To specify identifying information

MNC

LOOP

Mandatory

GT 1

100

MNC

Mortgage Note Characteristics

Mandatory

AtMax 1

To provide detailed characteristics information of a mortgage note

200

SOM

Status of Mortgage

Opt

AtMax 1

To provide information on the status of a mortgage and the date actions were taken regarding the loan and the property

300

REF

Reference Information

Opt

AtMax 20

To specify identifying information

400

DTP

Date or Time or Period

Opt

GT 1

To specify any or all of a date, a time, or a time period

500

Geographic Location

Opt

AtMax 1

To specify the geographic place of the named party

600

INT

Interest

Opt

AtMax 2

To specify interest rate and type and the applicable time period

700

PCT

Percent Amounts

Opt

AtMax 10

To qualify percent amounts and supply percent amounts

800

AMT

Monetary Amount Information

Opt

AtMax 10

To indicate the total monetary amount

900

QTY

Quantity Information

Opt

AtMax 6

To specify quantity information

1000

YNQ

Yes/No Question

Opt

AtMax 12

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

1100

III

Information

Opt

AtMax 12

To report information

CDI

LOOP

Opt

GT 1

1200

CDI

Change Detail Information

Opt

AtMax 1

To provide information on changes or adjustments

LOOP

Opt

GT 1

1300

Transaction Set Line Number

Opt

AtMax 1

To reference a line number in a transaction set

1400

VDI

Value Description or Information

Opt

GT 1

To provide detailed description of a financial value

1500

YNQ

Yes/No Question

Opt

AtMax 4

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

1600

AMT

Monetary Amount Information

Opt

AtMax 6

To indicate the total monetary amount

1700

PCT

Percent Amounts

Opt

AtMax 6

To qualify percent amounts and supply percent amounts

1800

DTP

Date or Time or Period

Opt

AtMax 5

To specify any or all of a date, a time, or a time period

1900

III

Information

Opt

AtMax 12

To report information

IN1

LOOP

Mandatory

GT 1

2000

IN1

Individual Identification

Mandatory

AtMax 1

To provide identification of an individual or entity

2100

IN2

Individual Name Structure Components

Opt

AtMax 10

To sequence individual name components for maximum specificity

2200

PER

Administrative Communications Contact

Opt

AtMax 2

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

2300

REF

Reference Information

Opt

AtMax 15

To specify identifying information

NX1

LOOP

Opt

GT 1

2400

NX1

Property or Entity Identification

Opt

AtMax 1

To define the attributes of a property or an entity

2500

NX2

Location ID Component

Opt

GT 1

To define types and values of a geographic location

2600

PDS

Property Description/Legal Description

Opt

GT 1

To provide specifics on property or legal description; this segment provides for a simple legal description such as lot, block and subdivision

100

CTT

Transaction Totals

Opt

AtMax 1

To transmit a hash total for a specific element in the transaction set

200

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

3	1705	Implementation Convention Reference	Opt	Alphanumeric	1/35	1

EDI Dictionary

EDI 205 Mortgage Note

Segments

Elements