EDI 872 Residential Mortgage Insurance Application
This X12 Transaction Set contains the format and establishes the data contents of the Residential Mortgage Insurance Application Transaction Set (872) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction can be used by a mortgage originator to request mortgage insurance and to provide supporting information needed to obtain a mortgage insurance commitment on one or several residential mortgage loans. It can also be used, in conjunction with other transaction sets, to provide information needed to obtain an automated underwriting decision from a residential real estate automated underwriting system.
Segments
Position
Segment
Name
Max use
Mandatory
AtMax 1
To indicate the start of a transaction set and to assign a control number
Mandatory
AtMax 1
To indicate the beginning of a transaction set
Mandatory
AtMax 5
To identify a party by type of organization, name, and code
NM1
LOOP
Mandatory
GT 1
SCM
LOOP
Opt
AtMax 10
NX1
LOOP
Opt
AtMax 5
IN1
LOOP
Opt
AtMax 12
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)