Residential Loan Data 1003 Integration Guide 1003 1001

March 27, 2018 | Author: Genus Sum | Category: Federal Housing Administration, Fha Insured Loan, Loans, Mortgage Loan, Foreclosure
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Residential Loan DataFannie Mae Form 1003, Version 3.2 Requirements and Data Format Integration Guide Updated: July 2014 © 2014 Fannie Mae. All rights reserved. Desktop Originator®, Desktop Underwriter®, DO®, DU®, Automated Property Service™ and EarlyCheck™ are trademarks of Fannie Mae. Other trademarks are owned by their respective owners. © 2014 Fannie Mae. Trademarks of Fannie Mae. July 2014 DOCUMENT REVISIONS ..................................................................................................................... 3 1003 VERSION 3.2 RESIDENTIAL LOAN DATA FILE FORMAT AND REQUIREMENTS ............ 12 HOW TO READ THE DATA FORMAT TABLES..................................................................................... 12 RESIDENTIAL LOAN DATA - FORM 1003 VERSION 3.2 DATA FORMAT .............................................. 14 NET RENTAL INCOME............................................................................................................................. 67 SUBJECT PROPERTY - NET CASH FLOW ................................................................................................ 67 FIELDS THAT CAN BE ADDED DURING THE LIABILITY RECONCILIATION PROCESS .................................... 68 © 2014 Fannie Mae. Trademarks of Fannie Mae. RLD - 2 of 68 Document Revisions Date Change 07/16/03 07/22/03 08/15/03 08/15/03 08/15/03 08/15/03 09/12/03 09/12/03 Created new specification for 1003 Version 3.2. Additions/Changes are bolded. Corrected field lengths for segments 02A, 03C and 10R. Added note indicating fields LNC-120 and LNC-130 were converted to filler. Added new transaction identifier specific to 1003 v 3.2. Added comments on when to populate Country Field. Corrected EDI Code Values for Loan Documentation Types, LNC-030 Changed definition of 06S-030 from “Maximum HELOC Balance” to “Undrawn HELOC Amount” Changed all 000-030 fields to require 3.20. Updated EDI Codes values for Race, Ethnicity, and Sex. See the COD guide for further information. Updated definition for field 01A-050 to indicate the field is defaulted to “Unassigned” if a value is not provided. Updated 07A-030 to indicate that it is required for government loans when applicable. Updated definition for LEA-020, Sponsor ID. Added Adjustable ARM value for VA Loans, 01A-090. Added new income types (05I) and asset types (06c) for the DU 5.4 Release. Reduced the number of declared declarations (08a) to five questions. Changed Planned Urban Development (PUD) to Planned Unit Development (PUD) in Subject Property Type Code (LNC-040); Changed Manufactured Housing to be Manufactured Home in Subject Property Type Code (LNC-040); Removed (VVOE) extension from Verbal Verification of Employment on LNC-030. Added new values for FHA and VA Hybrid ARM in Product Plan Number (PID-040). Updated LEA-020 and LEA-030 to indicate that field length is set to 20, but field value should match 10-digit number format assigned by HUD, without spaces or special characters. SCA-020 and SCA-040 clarification: Do not mix _Type attributes for the Mortgage Score and Type. Added additional Custom Desktop Underwriter fields now supported in CDU Interface. Added new Project Classification Codes for field LNC-090: 09 = P Condo 11 = R Condo 13 = T Condo 10 = Q Condo 12 = S Condo 14 = U Condo These values are required for delivery beginning November 1, 2005. Until then, these values are only valid for testing. Removed conditional requirement for 03A-140 Cross-Reference Number. This field is not used for Underwriting purposes. For PCH-070 Repayment Type – Added note explaining difference between 1003 values and displayed values available in DO/DU on the Web graphical interface. Modified definition of Monthly Income segments 04B-130 and 05I-040 to include negative values. 01/04/04 02/17/04 03/08/04 04/15/04 04/19/04 02/07/05 02/07/05 02/07/05 09/27/05 10/12/05 02/10/06 02/12/06 02/14/06 03/15/06 05/15/06 06/30/06 Updated EDI values effective following DU 5.6 release planned for Q3 2006: - Added values for 99B-070 “Appraisal Fieldwork Ordered” (132, 133, 134, 135, 136, 137, 138); - Deleted codes for 99B-070 (105, 107, 109) - Modified segment LNC-090 to reflect Project Classification Code “06” (III PUD) is no longer accepted following DU 5.6 Release, scheduled for August 20, 2006. Removed bold additions related to differences between the 1003 File Format Version 3.0 and 3.2. Per the DU 5.6 release scheduled for August 20, 2006, LMD-020 is no longer required for Community Lending. DO/DU will derive the MSA value based on the Property Address. If the 1003 v3.2 or I AUS 2.3.1 file format for the loan data contains MSA median income, DO/DU will use the value to determine the product eligibility. Per the DU 5.6 release scheduled for August 20, 2006, please note the following changes: FannieNeighbors indicator, LMD-040 is no longer required. If the value is Yes (Y), DU will apply the FannieNeighbors guidelines. If the indicator is No (N) or blank, DU will check the database and apply the FannieNeighbors guidelines if applicable. 02A-070, Number of Units: - Modified enhancement description. © 2014 Fannie Mae. Trademarks of Fannie Mae. RLD - 3 of 68 Add total value for Federal. Added new value for LNC-040 for MH Select (11). GOE-050. but does support “F1” for FHA/VA underwriting. Send as “Other” (23). PCH-070 modified to reflect that “N” and “F2” are the only valid codes accepted by DU for underwriting and that “N” is the only code valid for FHA and VA submissions. Updates to the specification per FHA and FHFA new field requirements.7 release scheduled for July 21. State. Modified the definition for 1003 field 05H-040 HousingExpenseType. • For “Counsel Type” (not supported by DU). Modified LMD-070 field information to include whole number format for factor value. Borrower provided data is not considered for underwriting. • 02B-030 field information modified. PID-040 – Added ARM Index codes 251 (FYA 1 yr) and VAYR1 (VA 1 yr). GOE-060 and GOE-070 field changed to state they are not used for underwriting. it will not be not be used for underwriting as this value is automatically calculated by DU. Local and Social Security taxes and submit as GOD-030 “Total Tax” • GOE-040. VA or FHA. This field is required to resubmit loans to the appropriate institution. If not provided the default institution for the userid will be used. • GOD-030 Data Stream label changed from “Federal Tax” to “Total Taxes” to align with DO/DU on the Web and to reflect that this field is the total amount of federal. LMD-035 Community Seconds Repayment Structure • Updated valid values for LMD-030 Community Lending Product Type • Updated requirement and description for the following fields: o ARM Index Value (ARM-020) o ARM Index Margin (ARM-040) o Negative Amortization Limit Percent (LNC-100) • Removed recommendation to pass LMD-010 Community Lending header and LMD-030 Community Lending Product Type for all loans. local and social security taxes. RLD . Please send as “Other” (23). 10 and 09 are NOT valid for VA submissions. Document all Asset/Account amount and type information in the 06C segment. Modified LMD-060 field information to emphasize it is a value determined by value passed in LMD-020. No data mapping changes are required. 08/29/07 11/09/07 11/20/07 12/04/07 12/17/07 05/15/07 02/27/09 03/06/09 03/16/09 05/19/09 © 2014 Fannie Mae. Fannie Mae: Ground Rent is not supported. Modified ASSET data mapping instructions related to 06A. 2007 – please note the following changes: • Added new field. Updated information regarding rules for institution ID. Added notation that “Ground Rent” is not a supported value for 05H-040 – Housing Payment Type Code. 07. Trademarks of Fannie Mae. • Edited GOD-040. Codes 05. This new value will identify transactions aligned with the MH Select™ product initiative. 08A-140. Fannie Mae will automatically send “A” for “Not Counseled” for all FTHB submissions (default value). 2007 – DU automatically generates data to support FHA TOTAL Mortgage Scorecard underwriting. and Changed Credit report score type (GOE070) to First Time Homebuyer Counsel Type. If this institution differs from the original submission an exception will occur Updated LNC-040 with clearer guidance on FHA and VA requirements. and GOD-060 field information to state they are not used by DU. Origination Company ID. • For First Time Home Buyer (FTHB) FHA “Declaration” fields 08A-130. added new enumerations for Down payment type code (02E-020). “Proposed Rent” (05H-030=”Proposed” (2) and 05H-040=”Rent” (25) is an invalid combination and is not supported by DU. Modified LMD-080 field information to indicate that if this value is passed by the user in the loan application. Submit FHA construction-perm loans as “16” (Purchase) only. state.Date Change 05/01/07 Per the DU 5. 08A-150 descriptions were edited to include that DU will automatically generate and submit corresponding required data to FHA TOTAL Scorecard for underwriting. for FHFA this includes: Supervisory Appraiser License Number. • 02D-070 – Added “F1=No Cash Out” back into field information. Update LNC Property type to indicate invalid type 09 (detached condo) for VA loans. FHA Section of the Act (GOB-020). A null value will be sent for non-FTHB submissions. Per the DU for Government release scheduled for December 15. Type of Refinance (GOA-110).4 of 68 . DU does not support F1 for conforming loans. and Loan Originator ID fields to the ADS segment. The code 05 is not valid for FHA loans. For FHA. GOD-050. Updated EDI code descriptions for field 10B-020 “This application was taken by”: • EDI Code M description changed from “Mail” to “Mail or Fax” • EDI Code I description changed from “Internet” to “Internet or E-Mail” Updated Interviewer and Institution field names in segment 10B: • Changed “Interviewer” to “Loan Originator” • Changed “Institution” to “Loan Origination Company” Per the DU 8. LoanOriginationCompanyID.Retired TC = Trailing Co-borrower Income . TRD = Re-subordinated Property Liens 06/02/09 06/09/09 07/10/09 09/21/09 12/09/09 01/04/10 02/12/10 05/09/11 © 2014 Fannie Mae.Retired 1P = Total Monthly Income Not Including Net Rental Income. please note the following changes: Updated the Project Classification Type (LNC-090): • Created the following new EDI codes: 15 = V Condo 16 = G. Required. RLD . Trademarks of Fannie Mae. TNL = Subtotal Non-Liquid Assets. Streamline without Appraisal (Remove Conventional and Streamline without Appraisal) Added additional guidance for required format and length of the value of the LoanOriginatorID. FHA or VA).0 April release scheduled for April 17. Updates to new FHA and FHFA fields to “X/Conditional. not in a project or development 17 = T PUD 18 = T CO-OP • The following EDI codes will no longer be supported after 04/17/10: 01 = A/III Condo 02 = B/II Condo 03 = C/I Condo Updated the Community Lending Product code (LMD-030) • Created the following new EDI code: 06 = HFA Affordable Advantage • Updated EDI values for 05I-030 (Type of Income Code): . Changed the Date of Birth (03A-150) field from optional to required for DU. field number ADS-030. • LoanOriginatorID and LoanOriginationCompanyID values must be numeric characters only and cannot exceed 12 characters in length. • SupervisoryAppraiserLicenseNumber value must allow alphanumeric characters and cannot exceed 21 characters in length.Added new value SCA = IPCs: Excess Financing Concessions or Sales Concessions Amount .5 of 68 . and SupervisoryAppraiserLicenseNumber fields in the Additional Data Segment (ADS). if applicable” Updated the Property Street Address (02A-020) and provided clarification about how to populate the unit number.Date Change 05/22/09 Update to PID-020 to Enter Standard LCOR in the Product Description field to underwrite a DU Refi Plus loan Casefile as a standard limited cash-out refinance. TMH = Total Present Housing Expense.Modified value from M1 = Unemployment/Welfare to M1 = Unemployment/Public Assistance • Updated EDI values for 06S-030 (Summary Amount Type Code): . Updated GOA-110 (Type of Refinance) added FHA or VA only for the following fields 4 = Interest Rate Reduction Refinance Loan (VA Only) H = HOPE for Homeowners (FHA Only) R = Prior FHA (FHA only) Updates for the GOA-110 segment Fannie Mae Type of Refinance Code: 1 = Full Documentation (Conventional. Streamline with Appraisal (Remove Conventional and Streamline with Appraisal) 3 = Streamline without Appraisal (Conventional and FHA only). Full Documentation (Remove Conventional and Full Documentation) 2 = Streamline with Appraisal (Conventional and FHA only). TLA = Subtotal Liquid Assets Not Including Gift. 2010. Removed “_” from SupervisoryAppraiserLicenseNumber field name in ADS-020 segment. 08A-140.” • Updated 02E-020 (Down Payment Type Code) required conditionality and added: G/IRE • Updated 02E-030 (Down Payment Amount) required conditionality and Field Information: .xls. If no value is specified.08A-080..” • Updated information in 05H-010 for the Required section and the Field Information guidance: ..” .Deleted the following from the Required column for 05H-010:  Present Housing Expense is required if applicable and if Present Housing Expense is not summarized (see segment 06S-010).Added new value 07=HFA Preferred.6 of 68 .” • Updated 06C-010 Required information and deleted the following sentence: “Conventional Loans: Required if Summary Asset Amounts are not included in record 06S with Summary Account Type Code of TLA or TNL” • Updated 06S-010 Field Information and made edits to the following: .Date 05/11/11 07/20/11 06/26/12 Change • LEA-040 (Filler) was originally 23 characters in length. III. zip code will be used to derive the applicable county loan limit information.LEA-050 reserved as filler for future use • Updated EDI values for LMD-030 (Community Lending Product Code).” to “Conventional and VA loan:. .” • Updated 02B-030 (Purchase of Loan) required conditionality by correcting “RC” to “EC”. © 2014 Fannie Mae.08A-110: required for government loans only .” • Added the following guidance for 03A-070 (Applicant Generation) Field Information: “The name suffix of the borrower.08A-160: removed conditionality If 08A-140 (m.08A-090: required for government loans only .Added: “Required for FHA loans.08A-100.Added required conditionality: G/IRE . Trademarks of Fannie Mae..08A-050: required for conventional and government loans. refer to the DU Training Quick Steps for “Entering housing expenses for second homes/investment properties”. Reference document: EarlyCheck Loan Application Data Fields. this amount needs to be greater than $0 if any of the following Down Payment Type Codes are used: H1.08A-040: required for conventional and government loans . IV or V). .08A-120. . the zip code is not required for pre-qualification.08A-070. H3. Housing.Updated Field Information and added the following sentence: “For FHA loan submissions.08A-140: required for conventional and government loans if 08A-130 (l.08A-130: DU will not error if the value = “N” or not specified.08A-060: required for government loans only . Updated required conditionality values in the following elements of the Borrower’s Declaration: 08A-040.08A-100: required for government loans only . • Updated the required conditionality in the following elements of the Borrower’s Declaration section (Note: this update is to maintain consistency with DU on the Web): .08A-070: required for government loans only .08A-080: required for government loans only .Modified label for value 06=HFA Affordable Advantage to 06=HFA Preferred Risk Sharing.08A-050. RLD . Do you intend to occupy. JR. Required for FHA loans when gift(s) is used as the down payment source.Added guidance to Field Information with the following sentence: “For more information.08A-060. Assets” changed to “Undrawn HELOC and IPCs”. (E. • Updated guidance for 02A-050 (Property Zip Code) Field Information with following changes: . Shortened LEA-040 to 10 characters in length and created a new field LEA-050 from the remaining 13.Modified: from “Not required for pre-qualification. DU will default value to “N” .) = "Y" .”  “if total income is not reported in segment 06S with Summary Type Code = IP” . SR. H5 or H6.LEA-040 specified as Sponsored Originator EIN . Have you had an ownership interest) = “Y” Updated to include EarlyCheck supported data fields used in one or more EarlyCheck Edit rules.08A-090.g. II.08A-120: required for conventional and government loans .08A-130. . • Updated 02E-010 Field Information and added the following guidance: “Fannie Mae: Required for VA Purchase loans.“Summary Amounts for Income.. • Updated LNC-040 (Subject Property Type Code) guidance on Required information and added: “FHA loans where the subject property is a condominium. 07 or 09. Net Rental Income.Added the following EDI values: CG = Capital Gains* EA = Employment Related Assets* FI = Foreign Income* RP = Royalty Payment* SE = Seasonal Income* TL = Temporary Leave* TI = Tip Income* .Deleted guidance: “Required for FHA. • Updated 02E-020 (Down Payment Type Code) Field Information and added the following sentence: ““04”and “H0” should NOT be used for FHA loans. you must populate one of the following values: 03.ARM-050 (ARM Qualifying Rate) • Updated required conditionality for the following fields by DELETING EC. if it is negative. MIP.” • Updated required conditionality for Government section GOA-120 (Property Country). Systems should continue to send these income sources as “Other Income” until this release. Applicant’s closing costs paid by Seller) Field Information and added the following sentence: “For FHA loans. Please review the © 2014 Fannie Mae. it will be considered a liability and included in the total expense ratio calculation. it will be added to the qualifying income.Updated Field Information with the following additional guidance:  “*New income values are only supported by DU and should not be sent for FHA or VA loans.Added guidance: “Note: This field will no longer be used.” • Updated required conditionality for the following fields by ADDING EC: . seller credit can be populated in this field or in 07B as a “Seller Credit” but not in both places. Trademarks of Fannie Mae.“Summary Values are not supported” changed to “These values are not supported” • Updated 07A-110 (k.0 Release.06L-100 (Acct. insurance. however if blank system will default to statutory limit for the state. If the number is positive.) .7 of 68 . no. PMI. and miscellaneous property expenses.” .” • Updated ARM-050 (ARM Qualifying Rate) Field Information and added the following sentence: “See the DU Reference Material “Qualifying Interest Rate Used by DU for Proposed Monthly Housing Expense”. seller credit can be populated in this field as Other Credit Type 02 or in 07A-110 as “Applicant Closing Cost Paid by Seller” but not in both places.”  “*The new income values will be supported by DU on 10/20/2012 with the DU 9.ADS. Note: Field is not required for underwriting.06G-130 (Mortgage Payments) . Funding Fee financed) Field Information and added the following sentence: “For FHA loans.” • Updated 07B-020 (n. . Per HUD guidelines. taxes. RLD . “H4” is NOT supported and will result in an Error message or Ineligible recommendations.020 (LoanOriginatorID and LoanOriginatorCompanyID) and corresponding fields for ADS-030 (Values) . Please review the information on page 60.”  “**Net Rental Income can be entered in the Income or REO segment.”  “**Net Rental Income can be entered in the Income or REO segment.GOA-030 (Mortgage Credit Certificate) • Deleted ADDITIONAL FIELDS TO SUPPORT FOR CUSTOM DU chapter. If this field is not populated.” • Updated 05I-030 (Type of Income Code) with new EDI values and additional guidance: . then Desktop Underwriter will calculate it based on a vacancy factor.06G-060 (Property Zip Code) and 06G-070 (Property Zip Code Plus Four) .” • Updated 06G-150 (Net Rental Income) Field Information with additional guidance:  “Net Rental Income The amount of the rental income that is net of mortgage payments. maintenance.Updated required conditionality from G to <blank> .Date 8/22/2012 Change . .ARM-020 (ARM Index Value) . “Per 9.Updated required conditionality for 06S (Record ID: Undrawn HELOC and IPCs) from <blank> to X/Conditional. “Per 9.1 Nov 2013 release. go to the Additional Resources section of the Integration Guide on http://www.Modified sentence: “If the borrower(s) have income from rental properties. “…and “F2” are…” and added.Community Lending Data Dictionary • Updated information in NET RENTAL INCOME chapter: .Updated Required guidance and deleted. go to the Data Standards Supporting Resources section of the Technology Integration webpage on https://www.com” to “For a complete list of all active ARM Index Codes.” .fanniemae.1Nov 2013 Release.” with “For government loans.” • Updated LNC-090 (Project Classification Codes) to reflect two (2) retired EDI values: .” • Updated LNC-220 (MI Insurer Code) Field Information: Added 043=Essent Gauranty. if you enter any summary Net Rental Income Amounts in segment 05I in the Casefile.Additional Case Data Dictionary .Date 04/22/13 11/25/13 Change information on page 60. a value greater than “360” will still be accepted for import. ARM Plan IDs related to Interestonly and 40-yr ARMS will still be accepted for import. G/IRE Per the DU 9. • Updated PID-040 (Product Plan Number) Field Information for VA 1 Yr ARM code: Corrected VAYR1 to VA1YR • Updated Summary section 06S (Record ID: Undrawn HELOC and IPCs).Updated Field Information and added.Updated required conditionality for 06S-030 (Summary Amount Type Code) and added: X/IRE. the Underwriting Engine will ignore any summary Net Rental Income Amounts entered in segment 05I. " Per 9.Residential Loan Data . but will cause an Out of Scope recommendation. DU will no longer support value “F2”. .efanniemae.Deleted following guidance from 06S (Record ID: Undrawn HELOC and IPCs) Field Information: “Government: These values are not supported” .Updated Required guidance from “For a complete list of all active ARM Index Codes.” . please note the following changes: • Updated PCH-070 (Loan Repayment Type) with the following: .Modified sentence: “If you enter detailed amounts for any REO property in the Casefile. G/Conditional and added guideline. Trademarks of Fannie Mae. of Months) Field Information and added.18 = T CO_OP (no longer supported after 10/20/2012) • Consolidated information from the following sections into the corresponding sections of the RESIDENTIAL LOAN DATA – FORM 1003 VERSION 3.Updated Field Information and added.Government Loan Transaction Data Dictionary .” .” • Updated PID-040 (Product Plan Number) with the following: . the Underwriting Engine will ignore detailed amounts for any REO property.Form 1003 Data Dictionary . 2013.8 of 68 . the Underwriting Engine will ignore any summary Net Rental Income Amounts entered in segment 05I. but will cause an Out of Scope recommendation.Updated required conditionality for 06S-040 (Amount) and added: X/IRE.2 DATA FORMAT and deleted: .com/singlefamily/technology-integration” • Updated 01A-080 (No. G/IRE .17 = T PUD (no longer supported after 10/20/2012) . “Required IF an Undrawn HELOC is associated with the subject property.Updated required conditionality for 06S-020 (Applicant Social Security Number) and added: G/IRE ." • Updated ARM-020 (ARM Index Value) Required guidance with the following: © 2014 Fannie Mae.1 Nov 2013 release. you may enter Net Rental Income either on a detail basis or on a summary basis:” with “If the borrower(s) have income from rental properties. if you enter detailed amounts for any REO property in the Casefile. “(no longer supported after 11/16/2013)” to value “F2=Interest Only” . Inc.Loan Product Data Dictionary . Net Rental Income. you may enter Net Rental Income either on a detailed basis in the REO segment or on a summary basis in the Income segment:” .1 November release scheduled for November 16. RLD .Added sentence: “For conventional loans. Updated Required guidance and added the following:  “Per 9.” • Updated GOD-030 (VA Federal Tax Amount) Field Information guidance from “(Federal.” • Updated 02E-020 (Down Payment Type Code) Field Information and added. and/or Other)” • Updated LNC-220 (MI Insurer Code) Field Information and corrected spelling from “Gauranty” to “Guaranty” • Updated LNC-230 (APR Spread) Field Information and added." . RLD .Deleted: "Conditionally required for negatively amortizing and interest only ARM Plans. Please refer to the DUG July 2012 Release Notes. Trademarks of Fannie Mae. State. or Other)” to “(Federal. for more information. NOT the amount of down payment available or required.” Updated ARM-040 (ARM Index Margin) Required guidance with the following: .” • Updated 02E-030 (Down Payment Amount) Field Information from. page 4.Updated Required conditionality from not required to “C/DU” . Users should refer to the HUD guidelines to determine the appropriate FHA Down Payment Type Code to use.Updated Required conditionality from not required to “C/DU” . “While multiple 02E segments can be passed to DU. NMI 07/28/14 Additional changes to the specifications: • Updated 02E (Record ID: Down Payment) Field Information and added. “…greater than $0 if…” to.” Updated 08B-040 (Declaration Explanation) with the following: . “Per 9. an ineligible message will be returned.Added: “Fannie Mae: Conditionally required for all ARM Plans: If value is not passed. 2013.1 Nov 2013 release.ZZ” to indicate formatting requirements for this field • Updated 01A-040 (Agency Case Number) Required conditionality from “G” to “G/Conditional” • Updated 01A-050 (Case Number) Required conditionality guidance and deleted. “Conditionally required for import” • Updated PAI-020 (House Number) Required conditionality from “X.9 of 68 . “A negative value is valid for this segment.Deleted: "Conditionally required for negatively amortizing and interest only ARM Plans. to instruct DU to disregard deed-in-lieu of foreclosure and preforeclosure sale in the credit data. G” to “X/Conditional. to instruct DU to disregard deed-in-lieu of foreclosure and preforeclosure sale in the credit data. enter: Confirmed CR DIL* Confirmed CR PFS*”  “*Separate values by a comma when entering more than one item. 044 = National Mortgage Insurance Company.Added: “Fannie Mae: Conditionally required for all ARM Plans: If value is not passed. State." . G/Conditional” © 2014 Fannie Mae.Updated Required guidance and added. Retirement/Social Security. only one instance of a FHA Gift Source and Amount is sent to the FHA TOTAL Mortgage Scorecard. “ZZ.1 Nov 2013 release. please note the following changes: • Updated LNC-220 (MI Insurer Code) Field Information with a new EDI value. use EDI code: “93”.” Updated 08B-010 (Record ID: Declaration Explanations) Required conditionality from not required to “C/DU” Updated 08B-030 (Declaration Type Code) with the following: . “…equal to the sum of all gift assets listed in 06C…” • Updated 03B (Record ID: Dependent’s Age) Required conditionality from not required to “G/Conditional” • Updated 03B-020 (Applicant Social Security Number) Required conditionality from not required to “G/IRE” • Updated 03B-030 (Dependent’s Age) Required conditionality from not required to “G/Conditional” • Updated 04B-130 (Monthly Income) Field Information and deleted.Date Change • • • • . Retirement/Social Security. “This record identifies the source(s) of down payment.” Per the EarlyCheck Change Notification on September 23. an ineligible message will be returned. 1 Nov 2013 release. the total amount needs to be equal to the sum of all gift assets listed in 06C any of the following Down Payment Type Codes are used: H1. Refis/ARM”. “(Borrower paid only)” • Updated 08B-030 (Declaration Type Code) Field Information guidanceby changing: ." with "Required if the loan type is FHA and the originator is not a Direct Endorsement approved lender. H3..Replaced.0 Release.1 August 2014 update.Confirmed CR FC EC* (Value overrides foreclosure information due to extenuating circumstances)” • Updated LNC-040 (Subject Property Type Code) with the following: . “FHA/VA: This is the amount paid by the borrower.Updated the Data Stream name and replaced “h.. “Required for FHA loans submitted to the FHA TOTAL Scorecard.” • Updated GOB-020 (FHA Section of the Acts Codes) Field Information guidance and added missing value of. G” to “X/Conditional. preforeclosure sale and foreclosure information in the credit data. Submitted to the FHA TOTAL Scorecard.Changed EDI code 09 definition from “09=Bridge Loan” to “09=Financing Secured by same property” .” to ” To instruct DU to disregard deed-in-lieu of foreclosure.“Per 9. “While multiple 02E segments can be passed to DU.1. H5 or H6. to instruct DU to disregard the foreclosure information in the credit data. Multiple occurances of the 02E segment can be passed. © 2014 Fannie Mae. and the originator entered in LEA-020 is not a Direct Endorsement approved lender. RLD .Deleted Field Information guidance.” .” • Updated 08B-040 (Declaration Explanation) Field Information guidance and added: . Discount” .” to. Per 9.." • Updated LEA-030 (FHA Sponsor Identifier) Field Information guidance and replaced. use EDI code: “93”. • Updated LEA-020 (FHA Lender Identifier) Field Information guidance and replaced. “Conventional: Enter the total amount of discount points charged.1 Nov 2013 release. “203(b)/251 = Basic Program.10 of 68 . should equal the sum of all gift assets listed in 06C. “Note: 11 is no longer valid” • Updated PCH-070 (Repayment Type Code) Required conditionality guidance and revised from ““Only “N” is supported by DU. G/Conditional” • Updated 02E-020 (Down Payment Type Code) Field Information guidance: .. H5 and/or H6..Confirmed CR FC Incorrect* (Value overrides inaccurate foreclosure information) . H3..Deleted Required guiance. enter: . If the loan type is FHA the FHA Lender Identifier is the originator making the U/W request." AND “Only one instance of a FHA Gift Source and Amount is sent to the FHA TOTAL Mortgage Scorecard. G” to “X/Conditional." with “Each source of down payment should be passed as a 02E segment to DU. the total sum of the amount(s) passed in 02E-030 for the Down Payment Type Codes: H1.” • Updated Field # 07A-090 (h. “Only “N” is supported by DU. G/Conditional” • Updated PAI-040 (Unit Number) Required conditionality from “X." and "Only pass FHA Lender Identifier if you are a Direct Endorsement approved lender. Systems should continue to send these income sources to DU as “Other Income” until this release. Discount (if Appicant will pay)” with “h.” ." • Updated 02E-030 (Down Payment Amount) Field Information guidance and replaced. “For FHA loan submissions. "Required for FHA loans submitted to the FHA TOTAL Scorecard if the loan type is FHA.Edited the Field Information guidance. FHA will validate the Sponsor ID. use EDI code: “93”.Updated Field Information and deleted value: “11 = MH Select™” .Date Change • Updated PAI-030 (Street Name) Required conditionality from “X.“Per 9. to instruct DU to disregard deed-in-lieu of foreclosure and preforeclosure sale in the credit data.” and “Conventional: Fannie Mae does not distinguish between Discount and Origination points.” to “Enter the total amount of discount points charged.” with “For FHA loan submissions.. Fannie Mae does not distinguish between Discount and Origination points. Purchase. FHA will validate Lender ID. only one instance of a FHA Gift Source and Amount is sent to the FHA TOTAL Mortgage Scorecard. Discount(if Applicant will pay) with the following: .Updated Required guidance and added. Trademarks of Fannie Mae.” • Updated 05I-030 (Type of Income Code) and deleted Field Information guidance: “*The new income values will be supported by DU on 10/20/2012 with the DU 9. DU will no longer support value “F2”.” with “Required if the loan type is FHA. FHA will validate Lender ID. The FHA Lender Identifier is the originator making the U/W request. ” .Deleted “Text must match the Metropolitan Statistical Area table provided by Fannie Mae.” with “For government loans.Date Change Submitted to the FHA TOTAL Scorecard. Trademarks of Fannie Mae. “Pass the Sponsored EIN (LEA-040) and the FHA Sponsor Identifier (LEA-030) if you are not a Direct Endorsement approved lender.” • Updated LMD-020 (Metropolitan Statistical Area or County) as follows: ." and "Pass both the FHA Sponsor ID (LEA-030) and the Sponsored EIN (LEA-040) if you are not a Direct Endorsement approved lender.” • Updated “Net Rental Income” supplemental information and updated the government loan explanation.11 of 68 ." • Updated LEA-040 (Sponsored Originator EIN) Field Information guidance and added.Updated the Data Stream title from “Metropolitan Statistical Area or County” to “County” . RLD . “For government loans. if you enter detailed amounts for any REO property in the Casefile.” © 2014 Fannie Mae. FHA will validate the Sponsor ID.Changed Field Information guidance “(MSA) A contiguous geographical area consisting of an urban center city and its surrounding suburbs” to “Identifies the county in which the subject property is located. the net rental amounts from the REO property is used in the ratios and any summary Net Rental Income Amount entered in segment 05I is ignored. the Underwriting Engine will ignore any summary Net Rental Income Amounts entered in segment 05I. These reference numbers are unique across all datasets. but the information provided in this table is for underwriting and credit submissions. 5 1 Y Yes N No N <N/L> S Record ID: Top of Form End of record. for example ‘00A. Pos – This integer indicates the starting position of the field or record. depending upon the casefile and Fannie Mae requirements.1003 Version 3. The <N/L> is the End of recordmarker if it consists of \r\n where \r is the C language representation of ASCII value 13 (carriage return) and \n is the C language representation of ASCII value 10 (line feed).12 of 68 . and loans eligible for Fannie Mae Community Lending. and other data needed to specify conforming loans. The values within the line are: • • • The record ID: These three characters begin and identify the datastream. Len – This integer indicates the length of the field or record. The data contained in the 1003 file is for a variety of business transactions.. An example of one datastream within the 1003 dataset is shown below.’ Variable data. All the data formats are fixed length. Trademarks of Fannie Mae.2). © 2014 Fannie Mae. government loans. The first characters of the line must appear as shown in the record ID line (shaded in the table above). 00A-010 00A 1 3 00A-020 Top The income or assets… 4 1 Y Yes N No N 00A-030 Top The income or assets.. Data Stream – Contains the record layout of the data. How to Read the Data Format Tables Each dataset in this section is in tabular format like this example: Field # 1003 Form Sect 000-010 Data Stream 000 Pos 1 Len 3 Seg Occ Field Information S Record ID: File Identification Required The column headings for these tables are defined as: Field # – This is the reference number for the field. Section – This is the corresponding section number from the Uniform Residential Loan Application (form 1003). Length=5 And the corresponding textual data file line: 00AYN The datastream is a single line within a data file. A <N/L> (new line) character.2 Residential Loan Data File Format and Requirements This table defines the loan origination data found on the Uniform Residential Loan Application (Fannie Mae Form 1003 Version 3. RLD . HH:MM. meaning April 15.For these real values. RLD . . For example. .-ZZZZZZZZZZZ.CCYY. . A list of valid Fannie Mae and EDI Codes Required Field – Indicates if field is required for an underwriting or credit submission: X – Required for Desktop Underwriter (DU) and Desktop Originator (DO) underwriting submissions G – Required for government submissions CL – Required for community lending programs Conditional – Required if condition is met Credit – Required for Credit only requests IRE – Required field if record exists.g.ZZ.525. such as 1998. The decimal point is a floating decimal type used to specify the precision of a number.Indicates a field is used by the EarlyCheck™ service for one or more edits X/EC . Defined format for the field.Text.CCYYMMDD. e. Field contains a time reference in Military terms. The multiplicity values are: • S = Single Occurrence • M = Multiple Occurrences • SA = Single Occurrence per Applicant Field Information – Contains one or more of the following types of information about this field: • • • Textual notes about the field. such as 19980415. such as 13:21. . 1998. . Field contains free-form text. Field is a numeric field with leading zeros suppressed. . no negative sign indicates a positive amount. This format must be one of the following types: . Trademarks of Fannie Mae. Field contains a year field that includes the century. 234000..42. It can be positioned to contain more digits after and fewer digits before its occurrence. Field is a numeric field that can contain only digits. and 8. 02E-020 is a required field EC .Indicates a field is required by the EarlyCheck™ service © 2014 Fannie Mae. The maximum number of digits permitted after the decimal is 6.Seg Occ – This single character indicates the multiplicity/occurrences valid for each segment. if 02E segment is included in 1003.n.Some examples of amounts include -556. as long as the total length of the field remains the same (excluding the negative sign but including the decimal point).00. Field contains a date.13 of 68 . This character is populated in rows where the row is the segment header. . a phone number is sent as 2027524341. Length = 41 <N/L> 000-010 X/Conditional. X/EC TH-030 N/A Transaction Control Number 15 S User Supplied on Import. G. Version Indicator: W = Working Copy <N/L> © 2014 Fannie Mae. Credit. If not provided the default institution for the userid will be used. G. X/EC 000-020 File Type 4 3 000-030 File Version ID 7 5 File Version =3. Credit TPI-010 N/A TPI 1 3 TPI-020 N/A Version ID 4 TPI-030 N/A Identifier Type Code 9 S Mandatory for import if field TPI050 = “R” TPI-040 N/A Identifier 11 ID 30 Populated with Fannie Mae Casefile ID if TPI-030 = 01 TPI-050 N/A Import Action Indicator 41 1 1 3 R = Resubmit N = New Import 000 S Record ID: File Identification X. G. G. Credit. X/EC TH-020 N/A Transaction ID 4 11 T100099-002 X. G. Credit.14 of 68 . Credit. X. X/EC 5 Version = 1. an exception will occur.2 Data Format Table RLF-1: Residential Loan Application Data Format Field # EH-010 1003 Sect N/A Data Stream ‘EH ‘ Pos Len 1 3 Seg Occ S Field Information Required Record ID: Envelope Header X. X/EC 2 Fannie Mae CasefileID = 01 X. Trademarks of Fannie Mae. If this institution differs from the original submission. Length=12 RLD . Credit.Residential Loan Data . Credit. X/EC 9 Text X. EH-030 N/A Institution Name 10 25 Text User Supplied EH-040 N/A Date 35 11 CCYYMMDD EH-050 N/A Envelope Control Number 46 9 Text User Supplied on Import. X/EC 1 = 1003 X. G. Credit. G. X/EC X. X/EC Highly Recommended EH-020 N/A Institution ID 4 6 Fannie Mae Defined Institution ID..Form 1003 Version 3.TH Length=23 <N/L> Record ID: Transaction Processing Info X. System Generated on Export End of record.. Credit. Credit. This field is required to resubmit loans to the appropriate institution. G.00 X.20 000-040 Export Version Indicator 12 1 Field use for Export only. G End of Record. System Generated on Export End of record.EH Length=54 <N/L> TH-010 N/A ‘TH ‘ 1 3 Record ID: Transaction Header X. G. G. G/Conditional: Required for resubmit: TPI-050 = R End of record. End of record. 01A-030 I Mortgage Applied For (Other) 6 80 Text Specify value if field #01A-020 is Other NOT REQUIRED 01A-040 I Agency Case Number 86 30 Certificate number for the FHA insurance or the VA guaranty of a mortgage. Credit X. Format: XXX-XXXXXXX © 2014 Fannie Mae. the security property is located in a community property state. Text G/Conditional The Agency Case number will be required on at least the final submission for the FHA TOTAL Scorecard.15 of 68 . Trademarks of Fannie Mae. enter the appropriate eleven-digit FHA case number in this field. RLD .Field # 1003 Sect 00A-010 00A-020 Top Data Stream Pos Len Seg Occ 00A 1 3 The income or assets of a person other than the borrower (including the borrower’s spouse) will be 4 1 Y Yes N No 5 1 Y Yes N No S Field Information Required Record ID: Top of Form used as a basis for loan qualification. Government Loans: If the loan type is FHA. G Government Loans: Must send “02” for VA or “03” for FHA. Length=5 <N/L> 01A-010 I 01A 1 3 01A-020 I Mortgage Applied For 4 2 S Record ID: Mortgage Type and Terms EDI Data Element 1093: 01 = Conventional 02 = VA 03 = FHA 04 = USDA / Rural Housing Service 07 = Other X. X/EC: EarlyCheck: Required for DU Compare. or the borrower is relying on other property located in a community property state as a basis for repayment of the loan. but his/her liabilities must be considered because the borrower resides in a community property state. 00A-030 Top The income or assets of the borrower’s spouse will not be used as a basis for loan qualification. G. Government Loans: Code value must be 02 or 03 only. Community Lending Loans: Code value cannot be 02 or 03. enter the appropriate VA case number in this field. Length=317 <N/L> 02A-010 02A-020 II 02A 1 3 Property Street Address 4 50 S Record ID: Property Information X. G Government Loans: For VA and FHA valid codes include 01 and 05. Trademarks of Fannie Mae. 01A-090 I Amortization Type 156 EDI Data Element 1085: 01 = Adjustable Rate 04 = GEM 05 = Fixed Rate 06 = GPM 13 = Other 2 X. “. the system will default the field to “Unassigned”. of Months 153 3 Amortization Term X. a value greater than “360” will still be accepted for import. G/Conditional. © 2014 Fannie Mae.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required If the loan type is VA. G EC ZZZ. RLD .ZZ 01A-070 I Interest Rate 146 The rate at which the mortgage is amortized. G n EC Per 9. %.1 Nov 2013 release.16 of 68 . 15 X/EC If not specified. ‘. 01A-050 I Case Number 116 Alphanumeric The lender or originator can specify any alphanumeric loan identifier in this field. but will cause an Out of Scope recommendation. X/Conditional: Not required for prequalification. 7 X. EC 01A-100 I Amortization Type Other Explanation 158 Text 80 Specify value if field #01A-090 is Other NOT REQUIRED 01A-110 I ARM Textual Description 238 Text 80 Specify value if field #01A-090 is ARM NOT REQUIRED End of record. 15 X. Do not use special characters: < . Required for final underwriting. G The first and second lines of the address of the subject property. G EC ZZZZZZZZZZZZ.>.ZZZ 01A-080 I No. 01A-060 I Loan Amount 131 The base loan amount (without upfront MIP or financed funding fee). You must populate the Unit Number (if applicable) in the 02A- Text Note: This may differ from the mailing address of the property. &. g. If provided it © 2014 Fannie Mae. G Must be a valid State Abbreviation 2 The state.17 of 68 . 19991 East Eubank Street #250) EC 02A-030 II Property City 54 The name of the municipality in which the subject property is located. End of record. Required for FHA loans. Required for final underwriting. zip code will be used to derive the applicable county loan limit information. If greater than four (4). Not Required. G/Conditional: Conventional and VA: Not required for prequalification. Trademarks of Fannie Mae. of Units 100 3 n X. Text EC 5 n X/Conditional. commonwealth or territory in which the subject property is located. Length=188 <N/L> PAI-010 PAI 1 3 S Record ID: Property Address Information Segment is optional. EC 02A-060 II Property Zip Code Plus Four 96 4 n EC 02A-070 II No. A valid zip code/state combination is required. G EC A number greater than one (1). 35 Text G/Conditional X/Conditional: Not required for prequalification. All systems should support this segment to prevent the loss of data when a RLD . DU will return an “Out of Scope” recommendation. EC 02A-040 02A-050 II II Property State Property Zip Code 89 91 X. 02A-080 II Legal Description of Subject Property – Code 103 2 EDI Data Element 1496: F1 = Other 02 = Metes and Bounds 02A-090 II Legal Description of Subject Property – Text 105 80 Text 02A-100 II Year Built 185 4 CCYY EC Value must be less than or equal to Current Year + 1.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required 020 Property Street Address. (e. Required for final underwriting. Ave. X/Conditional. G/Conditional Required if applicable and if 02A-020 is not populated. G Government Loans: For VA or FHA valid Codes = 1. 02B-030 II S Record ID: Purpose of Loan 02B-010 EDI Element 1081: 04 = Construction 05 = Refinance 13 = Construction-Perm 15 = Other 16 = Purchase II Purpose of Loan (Other) 8 80 X. N. Street Type (e. actual Street Name. APT. RLD .18 of 68 .Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required will be used instead of the single address element (02A-020). #) X/Conditional.g. G/Conditional Required if 02A-020 is not populated.g. PAI-020 House Number 4 11 S Text PAI-030 Street Name 15 40 S Text EC Contains pre-directional (e. and postdirectional (e. For FHA ConstructionPerm loans. G/Conditional Required if 02A-020 is not populated. NW. EDI Element 1070: 1 = Primary Residence 2 = Secondary Residence D = Investment Property 02B-060 II Manner in which Title will be held 89 60 Text 02B-070 II Estate will be held in 149 1 Defines the property rights of the owner. Blvd). UNIT. Length=65 <N/L> 02B 1 3 02B-020 Reserved for Future Use 4 2 Unused. EC X Fannie Mae Property Rights Codes: 1.g. SE) PAI-040 Unit Number 55 11 S Text Does not contain Unit Type (e. EC Text 02B-040 Specify value if field #02B-030 is Other NOT REQUIRED 02B-050 II Property will be 88 1 Identifies the type of residence of the subject property. populate 16.Fee Simple 2 – Leasehold © 2014 Fannie Mae. G X. G Government Loans: For VA or FHA valid fields include 05 and 16. EC X/Conditional. pad with spaces Purpose of Loan 6 2 Identifies the reason loan is needed. Trademarks of Fannie Mae. X.g. EC End of record. S). user imports/exports a 1003 file between systems. ZZZZZZZZZZZZ. ZZZZZZZZZZZZ. G/Conditional: Conventional Loans: Complete ONLY if Purpose of Loan (field #02B-030) is Construction or Refinance Government Loans: Construction loans are not currently available. 02D-050 II (a) Present Value of Lot 38 15 Market value of the site at the time of application for the loan.ZZ Specify value if field #02B-030 is Construction NOT REQUIRED © 2014 Fannie Mae. 02D-040 II Amount Existing Liens (Construction or Refinance) 23 15 Total amount of liens against the site at the time of application for the loan.19 of 68 .ZZ ZZZZZZZZZZZZ. RLD .ZZ Specify value if field #02B-030 is Construction NOT REQUIRED 02D-060 II (b) Cost of Improvements 53 15 Total cost of improvements to be made to the site.Field # 02B-080 1003 Sect II Data Stream Pos Len (Estate will be held in) Leasehold expiration date 150 8 Seg Occ Field Information Required The expiration date of the Leasehold. CCYY 02D-030 II Original Cost (Construction or Refinance) 8 15 Original cost of acquiring the site on which the home will be built.ZZ ZZZZZZZZZZZZ. if applicable. Trademarks of Fannie Mae. 02D-020 II Year Lot Acquired (Construction) or Year Acquired (Refinance) 4 4 Calendar year in which the site of the home to be built was purchased. Length=157 <N/L> 02C-010 02C-020 II 02C 1 3 Titleholder Name 4 60 1 3 M Text End of record. Complete segment only if purpose of loan is Refinance. Length=63 <N/L> 02D-010 02D Record ID: Title Holder S Record ID: Construction or Refinance Data X/Conditional. CCYYMMDD End of record. ZZ Specify value if field #02D-070 is Home Improvement NOT REQUIRED End of record. EC 02D-080 II Describe Improvements 70 Text 80 Specify value if field #02D-070 is Home Improvement NOT REQUIRED 02D-090 II (Describe Improvements) made/ to be made 150 Y = Made N = To be made U = Unknown 1 Specify value if field #02D-070 is Home Improvement NOT REQUIRED 02D-100 II (Describe Improvements) Cost 151 Dollar amount of home improvements associated with property. RLD .20 of 68 . Trademarks of Fannie Mae. 02E-020 II Down Payment Type Code 4 2 Fannie Mae: Required for VA Purchase loans. G/Conditional: Required if field 02B030 is “05” for Refinance. Government Loans: F1 is a supported value. 15 ZZZZZZZZZZZZ. X/IRE G/IRE EDI Data Element 1083: F1 = Checking/Savings F2 = Deposit on Sales Contract © 2014 Fannie Mae.Field # 02D-070 1003 Sect II Data Stream Purpose of Refinance Pos Len 68 2 Seg Occ Field Information EDI Data Element 1082: F1 = No Cash Out 01 = Cash-Out/Other 04 = Cash-Out/Home Improvement 11 = Cash-Out/Debt Consolidation 13 = Limited Cash-Out Required X/Conditional. Conventional No CashOut loans should be submitted as a Limited Cash-Out. Required for FHA loans when gift(s) is used as the down payment source. Length=165 <N/L> 02E-010 02E 1 3 M Record ID: Down Payment This record identifies the source(s) of down payment. A code identifying the source of a down payment. NOT the amount of down payment available or required. Conventional Loans: F1 = No Cash-Out is not supported by DU. Trademarks of Fannie Mae. “H4” is NOT supported and will result in an Error message or Ineligible recommendations. Multiple occurances of the 02E segment can be passed. Per HUD guidelines. for more information. Only one instance of a FHA Gift Source and Amount is sent to the FHA TOTAL Mortgage Scorecard.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required F3 = Equity Sold on Property 03 = Equity Pending from Sale F4 = Equity Pending from Subject Property 04 = Gift Funds F5 = Stocks and bonds 10 = Lot Equity 09 =Financing Secured by same property 01 = Unsecured Borrowed Funds F6 = Trust Funds F7 = Retirement Funds 11 = Rent with option to purchase F8 = Life insurance cash value 14 = Sale of Chattel 07 = Trade Equity 06 = Sweat Equity 02 = Cash on Hand 13 = Other 28 = Secured Borrowed Funds H0 = FHA – Gift – Source N/A H1 = FHA – Gift – Source Relative H3 = FHA – Gift – Source Government Assistance H6 = FHA – Gift – Source Employer H4 = FHA – Gift – Source Nonprofit/Religious/Communit y – Seller Funded H5 = FHA – Gift – Source Nonprofit/Religious/Communit y – Non-Seller Funded “04”and “H0” should NOT be used for FHA loans. RLD . Please refer to the DUG July 2012 Release Notes.21 of 68 . Users should refer to the HUD guidelines to determine the appropriate FHA Down Payment Type Code to use. page 4. Each source of down payment should be passed as a 02E segment to DU. © 2014 Fannie Mae. Includes grades 1-12. H3. IV or V) 03A-080 III Home Phone 124 10 n 03A-090 III Age 134 3 The age in years of the applicant 03A-100 III Yrs. X. Credit X/EC EarlyCheck: Required for DU Compare. Divorced. n 03A-040 III Applicant First Name 15 35 Text 03A-050 III Applicant Middle Name 50 35 Text 03A-060 III Applicant Last Name 85 35 Text X. explaining the source of the down payment item. Required G/IRE ZZZZZZZZZZZZ. School 137 2 The number of years that the applicant attended school. JR. Length=100 <N/L> 03A-010 03A-020 III 03A 1 3 Applicant / Co-Applicant Indicator 4 2 SA Record ID: Applicant(s) Data X. III. SR. 02E-040 II Down Payment Explanation 21 A brief comment.22 of 68 . Credit BW = Applicant QZ = Co-Applicant 03A-030 III Applicant Social Security Number 6 9 Unique number assigned by the United States Social Security Administration that identifies the applicant. G. G. Credit EC 03A-070 III Applicant Generation 120 4 Text X/Conditional: Required if Applicable to Casefile The name suffix of the borrower. should equal the sum of all gift assets listed in 06C. II. G. G..g. Credit EC EC n n © 2014 Fannie Mae. RLD .Field # 02E-030 1003 Sect II Data Stream Down Payment Amount Pos Len 6 15 Seg Occ Field Information The amount of funds for a down payment from a single source. X. Trademarks of Fannie Mae. as well as. Widowed) X. 80 Text End of record.ZZ For FHA loan submissions. X/EC EarlyCheck: Required for DU Compare. H5 and/or H6. (E. college 03A-110 III Marital Status 139 1 EDI Data Element 1067: M = Married S = Separated U = Unmarried (Single. Credit A code that indicates if this information is for the applicant or co-applicant. G. the total sum of the amount(s) passed in 02E-030 for the Down Payment Type Codes: H1. ) Pos Len 140 2 Seg Occ Field Information The number of dependents of the applicant. G/Conditional. G. Credit BH is not required. A borrower is limited to one mailing address. G. Required G Required for a VA loan n 03A-130 III Completed Jointly/Not Jointly 142 A code that indicates whether the applicant /co-applicant completed the application jointly with the associated applicant/co-applicant. G. 1 Y = Yes N = No X/EC EarlyCheck: Required for DU Compare.23 of 68 . X/Conditional.Field # 03A-120 1003 Sect III Data Stream Dependents (no. 03A-140 III Cross-Reference Number 143 9 Social Security Number of applicant /co-applicant whose Assets/ Liabilities are reported jointly. Credit 03C-020 III Applicant Social Security Number 4 9 Social Security Number of applicant whose address is being entered. Length=239 1 4 3 M Record ID: Dependent’s Age. It only appears if mailing address is different from Present address. Credit/Conditional: RLD . 3 G/Conditional n End of record. Number of occurrences must equal value in Field 03A-120. Credit 03C-030 III (Present/Former) 13 2 F4 = Former Residence ZG = Present Address BH = Mailing Address 03C-040 III Residence Street Address 15 50 The first and second lines of the address of the residence property. Specify if field 03A-120 is >0. X. EC © 2014 Fannie Mae. Length=15 <N/L> 03C 1 3 Record ID: Applicant(s) Address X. Trademarks of Fannie Mae. 03C-010 M n X. 9 G/Conditional G/IRE n 03B-030 III Dependent's Age 13 Age of the dependent for the applicant. 03A-150 III Date of Birth 152 8 Applicant data of birth X CCYYMMDD EC n 03A-160 III Email Address 160 Applicant email address 80 <N/L> 03B 03B-010 03B-020 III Applicant Social Security Number End of record. Social Security Number of applicant whose dependent’s age is being entered. G/Conditional. Months 114 2 n G Only 1 through 11 are valid. 03C-090 III Own/Rent/Living Rent Free 111 1 Identifies if the applicant is renting this residence or if he owns it. Credit/Conditional: Required if field 03C030 is Present Address EC 03C-080 III Residence Zip Code Plus Four 107 4 The mail sub zone of the property. 5 n X/Conditional.24 of 68 . G/IRE Text Note: This may be different from the mailing address of the property. G/Conditional. © 2014 Fannie Mae. 03C-050 III Residence City 65 The name of the municipality in which the property is located.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Text Note: This may be different from the mailing address of the property. 112 2 n G 03C-110 III No. 50 End of record. G/Conditional. Credit/Conditional: Required if field 03C030 is Present Address EC 03C-070 III Residence Zip Code 102 The mail zone of the property. 03C-120 Country 116 Only applicable for Mailing Address. G Required if applicable to casefile X/IRE. Trademarks of Fannie Mae. 04A-010 04A-020 SA Record ID: Primary Current Employer(s) n X. commonwealth or territory in which the property is located. RLD . 35 Text Required Required if field 03C030 is Present Address EC X/Conditional. 2 Text X/Conditional. Credit/Conditional: Required if field 03C030 is Present Address EC 03C-060 III Residence State 100 The state. EC n EDI Data Element 1078: X = Living Rent Free R = Rent O = Own 03C-100 III No. Length =165 <N/L> 04A 1 3 IV Applicant Social Security Number 4 9 04A-030 IV Employer Name 13 35 Text 04A-040 IV Employer Street Address 48 35 The first and second lines of the address of the employer. Yrs. Trademarks of Fannie Mae. G/IRE n 04A-110 IV Months on this job 132 2 The number of months beyond the most recent completed full year of employment the applicant is/has been employed by the employer. Required X/IRE.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information 04A-050 IV Employer City 83 35 Text 04A-060 IV Employer State 118 2 Text 04A-070 IV Employer Zip Code 120 5 n 04A-080 IV Employer Zip Code Plus Four 125 4 n 04A-090 IV Self Employed 129 1 An indication of whether or not the applicant is/was self-employed during the particular employment period. 2 X/IRE. 04B-020 IV Applicant Social Security Number 4 9 04B-030 IV Employer Name 13 35 Text 04B-040 IV Employer Street Address 48 35 Text 04B-050 IV Employer City 83 35 Text 04B-060 IV Employer State 118 2 Text 04B-070 IV Employer Zip Code 120 5 n 04B-080 IV Employer Zip Code Plus Four 125 4 n X /Conditional. 2 The total number of years the applicant has worked in the industry or the position. on this job 130 The number of complete years of service to an employer from the start of the employment until the end of the employment period or if the current position until the date of the loan application. Length=170 <N/L> 04B-010 04B 1 3 M Record ID: Secondary/Previous Employer(s) The social security number of the applicant entered in the Secondary/Previous Employer(s). X/IRE. G/IRE n © 2014 Fannie Mae. employed in this line of work/profession 134 n 04A-130 IV Position / Title / Type of Business 136 25 Text 04A-140 IV Business Phone 161 10 n End of record.25 of 68 . G/IRE Y = Yes N = No 04A-100 IV Yrs. G/Conditional: Required if Secondary or Previous Employment entered X/IRE. G/IRE n 04A-120 IV Yrs. RLD . For more information. 05H-020 V Applicant Social Security Number 4 9 05H-030 V Present/Proposed Indicator 13 1 Conventional Loans: For Second Homes/Investment property transactions. n X/IRE. 04B-100 = Y 04B-100 IV Current Employment Flag 130 1 Y = Current Employment N = Previous Employment X/IRE. G/IRE 04B-120 IV To Date 139 8 CCYYMMDD 04B-130 IV Monthly Income 147 15 ZZZZZZZZZZZZ. hazard insurance.ZZ Current Secondary Employment Income must also be combined with primary income and entered in field 05I-040. 04B-140 IV Position / Title / Type of Business 162 25 Text 04B-150 IV Business Phone 187 10 n End of record. A code that indicates whether the housing expense is for the applicant's current financial situation or for the proposed situation after purchase of the home. G/IRE 04B-110 IV From Date 131 8 CCYYMMDD X/IRE. Trademarks of Fannie Mae. X/IRE. you must ensure that the borrowers’ total monthly primary residence housing expense including principal. G Required for Proposed Housing Expense. refer to the DU Training Quick Steps for “Entering housing expenses for second homes/investment properties”. G/IRE EC RLD .26 of 68 . G/IRE EC © 2014 Fannie Mae. interest. real estate taxes. Proposed Housing Expense applicable for subject property only. Only for Applicants where the Applicant/Co-Applicant Indicator = Applicant (Field 03A-020 = BW). Length=196 <N/L> 05H-010 05H 1 3 M Record ID: Present/Proposed Housing Expense X. mortgage insurance and HOA dues are entered as both a housing expense AND included as a liability.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required 04B-090 IV Self Employed 129 1 Y = Yes N = No G/Conditional X/Conditional: If Current Employment. each income type can be used only once per applicant: F1 = Military Base Pay 07 = Military Rations Allowance F2 = Military Flight Pay F3 = Military Hazard Pay 02 = Military Clothes Allowance 04 = Military Quarters Allowance 03 = Military Prop Pay F4 = Military Overseas Pay F5 = Military Combat Pay F6 = Military Variable Housing Allowance F7 = Alimony/Child Support Income F8 = Notes Receivable/Installment 41 = Pension/Retirement Income G.ZZ 15 X/IRE. G/IRE EC © 2014 Fannie Mae. Proposed Rent 05H-030=2 and 05H-040=”Rent” (25) is an invalid combination and is not supported by DU.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required 1 = Present Housing Expense 2 = Proposed Housing Expense 05H-040 V Housing Payment Type Code 14 EDI Data Element 1071: 25 = Rent 26 = First Mortgage P&I 22 = Other Financing P&I 01 = Hazard Insurance 14 = Real Estate Taxes 02 = Mortgage Insurance 06 = Homeowner Association Dues 23 = Other 2 X/IRE. X/IRE. G/IRE EC Fannie Mae: Ground Rent is not supported.) 16 ZZZZZZZZZZZZ. 05H-050 V Housing Payment Amount (Monthly Housing Exp. Trademarks of Fannie Mae. Send as “Other” (23). Length=30 <N/L> 05I-010 05I 1 3 M Record ID: Income 05I-020 V Applicant Social Security Number 4 9 n 05I-030 V Type of Income Code 13 2 EDI Data Element 1186.X/Conditional: Segment required for each type of Income 1 record with Type of Income Code = 33 (Net Rental Income) required if applicable and not detailed in REO records (06G) with Net Rental Income > 0. X/IRE.27 of 68 . G/IRE EC RLD . G/IRE EC End of record. ZZ 15 All primary and secondary employment income must be combined and entered as a total in this field. Net Rental Income. Record data in 06C. RLD .Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required 42 = Social Security/Disability Income 30 = Real Estate/Mortgage Differential F9 = Trust Income M1 = Unemployment/Public Assistance M2 = Automobile/Expense Account Income M3 = Foster Care M4 = VA Benefits (non-education) 45 = Other Income 20 = Base Employment Income 09 = Overtime 08 = Bonuses 10 = Commissions 17 = Dividends/Interest SI = Subject Property Net Cash Flow 33 = Net Rental Income ** BI = Boarder Income MC = Mortgage Credit Certificate (MCC) CG = Capital Gains* EA = Employment Related Assets* FI = Foreign Income* RP = Royalty Payment* SE = Seasonal Income* TL = Temporary Leave* TI = Tip Income* *New income values are only supported by DU and should not be sent for FHA or VA loans. enter data in the 06C assets segment. **Net Rental Income can be entered in the Income or REO segment. A negative value is valid. Trademarks of Fannie Mae. n 06A-030 VI Cash deposit toward purchase held by 13 35 Text 06A 1 3 © 2014 Fannie Mae. EC End of record. 05I-040 V Income Amount (Monthly Income) 15 ZZZZZZZZZZZ. Length=29 <N/L> 06A-010 X/IRE. Please review the information on page 65. G/IRE M Do not use. Do not use. 06A-020 VI Applicant Social Security Number 4 9 Record ID: For all asset types. Record data in 06C. Record data in 06C.28 of 68 . Do not use. G. G/IRE EDI Data Element 569: 03 = Checking Account F1 = Cash Deposit on Sales Contract SG = Savings Account F2 = Gift 01 = Certificate of Deposit F3 = Money Market Fund F4 = Mutual Funds 05 = Stock 06 = Bond F5 = Secured Borrowed Funds F7 = Bridge Loan 08 = Retirement Funds F8 = Net Worth of Business Owned 11 = Trust Funds M1 = Other Non-Liquid Asset OL = Other Liquid Asset NE = Net Equity COH = Cash On Hand GE = Gift of Equity © 2014 Fannie Mae. 06B-020 ZZZZZZZZZZZZ. Length=62 <N/L> 06B-010 06B 1 3 M Record ID: Life Insurance VI Applicant Social Security Number 4 9 n 06B-030 VI Acct. Record data in 06C.Field # 06A-040 1003 Sect VI Data Stream Cash or Market Value Pos Len 48 15 Seg Occ Field Information ZZZZZZZZZZZZ.ZZ Required Do not use. 06B-050 VI Life insurance Face Amount 58 15 The amount the insurer will pay in the event of the death of the applicant. X/Conditional X/IRE. RLD . no. G/IRE X/IRE.ZZ End of record. 13 30 Text 06B-040 VI Life Insurance Cash or Market Value 43 15 The applicant reported amount of U. This value must also be entered in segment 07B as: 'Other Credits' End of record. dollars to be received if the asset were sold at time of transaction.29 of 68 . Trademarks of Fannie Mae.ZZ ZZZZZZZZZZZZ. Length=72 <N/L> 06C-010 06C 1 3 M Record ID: Assets 06C-020 VI Applicant Social Security Number 4 9 n 06C-030 VI Account/Asset Type 13 3 A code uniquely identifying a category or class of items that have value in the market considered when determining the net worth of the Applicant.S. n Text 06C-140 Reserved for Future Use 264 1 Unused. no.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information 06C-040 VI Depository/Stock/Bond Institution Name 16 35 Text Do not specify value if field #06C030 is Other 06C-050 VI Depository Street Address 51 35 Text Do not specify value if field #06C030 is Other 06C-060 VI Depository City 86 35 Text Do not specify value if field #06C030 is Other 06C-070 VI Depository State 121 2 Text Do not specify value if field #06C030 is Other 06C-080 VI Depository Zip Code 123 5 n Do not specify value if field #06C030 is Other 06C-090 VI Depository Zip Code Plus Four 128 4 n Do not specify value if field #06C030 is Other 06C-100 VI Acct.S. Required X/IRE. dollars to be received if the asset were sold at the time of transaction. Trademarks of Fannie Mae. pad with space 06C-150 Reserved for Future Use 265 2 Unused. of shares of stock and bonds applicant owns. G/IRE ZZZZZZZZZZZZ.ZZ If Account/Asset Type Code 06C030= 'F1' (Cash Deposit On Sales Contract) then this value must also be entered in segment 07B as "Other Credits”. 132 30 Text Do not specify value if field #06C030 is Other 06C-110 VI Cash or Market Value 162 15 The applicant reported amount of U. bond or other. pad with spaces End of record.30 of 68 . 06C-120 VI Number of Stock/Bond Shares 177 7 Integer identifying the no. Length=266 <N/L> 06D-010 M Record ID: Automobile(s) 06D 1 3 06D-020 VI Applicant Social Security Number 4 9 n 06D-030 VI Automobile Make/ Model 13 30 Name given to a class of automobiles by the manufacturer to identify the particular product line. 43 4 Model year of the automobile or the year the automobile RLD . 06C-130 VI Asset Description 184 80 Describes if asset is stock. X/IRE. G/IRE Text 06D-040 VI Automobile Year © 2014 Fannie Mae. Child Support/ Maintenance and/or Job Related Expense(s) exist.31 of 68 . CCYY 06D-050 VI Cash or Market Value 47 Applicant reported amount of U. Child Support/ Separate Maintenance and/or Job Related Expense(s) X/Conditional G/Conditional: Required if Alimony. G/IRE EC 06F-040 VI Monthly Payment Amount 16 15 EC EC ZZZZZZZZZZZZ. 60 Identifies to whom Alimony/ Child Support/ Separate Maintenance is owed. 1 3 M Record ID: Real Estate Owned X/Conditional. Length=93 <N/L> 06G-010 06G © 2014 Fannie Mae. G/Conditional: Required if Real Estate Owned RLD .ZZ End of record. dollars to be received if the asset was sold at the time of transaction. 15 ZZZZZZZZZZZZ.S. Length=61 <N/L> 06F-010 06F 1 3 M Record ID: Alimony. X/IRE. Trademarks of Fannie Mae. G/IRE 06F-020 VI Applicant Social Security Number 4 9 n 06F-030 VI Expense Type Code 13 3 EDI Data Element: DR = Alimony DT = Child Support DV = Separate Maintenance Payment DZ = Job Related Expense EE = Other Expense Type X/IRE.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required manufacturer introduced the version of the model for sale to the general public. X/IRE.ZZ 06F-050 VI Months Left to Pay 31 3 Number of months the applicant must continue to make monthly payments to fully and satisfactorily pay off the liability. n 06F-060 VI Alimony/ Child Support/ Separate Maintenance Owed To 34 Text Specify value if field #O6F-030 is Child Support/ Alimony – not required End of record. G/IRE Dollar amounts which must be paid monthly to pay down the liability and keep the account current. G/Conditional: Specify if filed 06G-080 is Rental (R) ZZZZZZZZZZZZ.ZZ X/Conditional. X/IRE. 06G-030 VI Property Street Address 13 35 06G-040 VI Property City 48 35 Text 06G-050 VI Property State 83 2 Text 06G-060 VI Property Zip Code 85 5 n EC 06G-070 VI Property Zip Code Plus Four 90 4 n EC 06G-080 VI Property Disposition 94 1 Code indicating the property's future use. Trademarks of Fannie Mae. G/IRE EC First and second lines of the address of the property. G/IRE EDI Data Element 1075: S = Sold H = Retained P = Pending Sale R = Rental EC Text 06G-090 VI Type of Property 95 2 EDI Data Element 1074: 14 = Single Family 04 = Condominium 16 = Townhouse 13 = Co-operative 15 = Two-to-four unit property 18 = Multifamily (more than 4 units) 08 = Manufactured/Mobile Home 02 = Commercial – NonResidential F1 = Mixed Use – Residential 05 = Farm 03 = Home and Business Combined 07 = Land 06G-100 VI Present Market Value 97 15 Value of the property if it were sold today.ZZ EC © 2014 Fannie Mae.ZZ X/IRE. G/IRE ZZZZZZZZZZZZ. G/IRE ZZZZZZZZZZZZ.32 of 68 . 06G-110 VI Amount of Mortgages & Liens 112 15 Applicant reported total amount of all remaining mortgages and liens against the property. RLD .Field # 06G-020 1003 Sect VI Data Stream Applicant Social Security Number Pos Len 4 9 Seg Occ Field Information n Note : The SSN associated to a property in the REO section must match the SSN of the account owner of the liability matched to that property Required X/IRE. 06G-120 VI Gross Rental Income 127 15 Amount of revenue generated by the property from rent on a monthly basis. X/IRE EC ZZZZZZZZZZZZ. G/IRE EC Note: May not be sequential on export. maintenance and insurance.P&I Maintenance **Net Rental Income can be entered in the Income or REO segment.75). insurance. and miscellaneous property expenses. 06G-160 VI Current Residence Indicator 187 1 Indicates whether the applicant currently resides at the Real Estate Owned. Trademarks of Fannie Mae. it will be considered a liability and included in the total expense ratio calculation. If the number is positive. if it is negative. G/Conditional: Specify if field 06G-110 greater than 0 ZZZZZZZZZZZZ. G/IRE EC Y = Yes N = No 06G-180 VI REO Asset ID 189 2 Starting with the value of 1. pad with spaces End of record. then Desktop Underwriter will calculate it based on a vacancy factor. X/IRE. 191 15 Unused. X/IRE. it will be added to the qualifying income. increment for each 06G record created.ZZ EC 06G-140 VI Insurance. taxes.33 of 68 . G/IRE EC Y = Current Residence N = Not Current Residence 06G-170 VI Subject Property Indicator 188 1 Indicates whether the REO is the property which will secure the loan applied for.Field # 06G-130 1003 Sect VI Data Stream Mortgage Payments Pos Len 142 15 Seg Occ Field Information Total monthly payment made on outstanding mortgages and liens against the property. Length=205 RLD . 06G-190 Reserved for Future Use <N/L> © 2014 Fannie Mae. Please review the information on page 60. If this field is not populated. Required X/Conditional.ZZ Net rental calculation is: (gross rental x . G/IRE EC -ZZZZZZZZZZZ. maintenance.ZZ 06G-150 VI Net Rental Income 172 15 The amount of the rental income that is net of mortgage payments. Maintenance Taxes & Misc. No Duplicates. X/IRE. 157 15 Monthly expense on the property for property taxes. Net Rental Income. X/IRE. 06L-030 VI Liability Type © 2014 Fannie Mae. 13 2 A code uniquely identifying a category or class of debts. X/IRE. pad with spaces 06H-070 VI Unused 153 30 Unused. Trademarks of Fannie Mae. Length=182 <N/L> 06L-010 06L-020 VI 06L 1 3 Applicant Social Security Number 4 9 M Record ID: Liabilities The social security number of the applicant entered in the Liabilities segment. 06H-060 VI Unused 118 35 Unused. 06H-040 VI Alternate Middle Name 48 35 Another middle name that the applicant may have used previously. This must be present if the applicant has received credit under any other name. G/IRE Note: Liabilities can be auto-populated from the credit report. n 06H-020 VI Applicant Social Security Number 4 9 06H-030 VI Alternate First Name 13 35 Another first name that the applicant may have used previously.34 of 68 . X/IRE. G/IRE EDI Data Element 1189: I = Installment Loan O = 30 Day Charge Account (open) R = Revolving Charge Account C = HELOC M = Mortgage F = Lease Payments N = Liens A = Taxes Z = Other Liability EC RLD . G/IRE EC n Note : The SSN of the account owner of a mortgage/HELOC liability must match the SSN associated to the corresponding property in the REO section. pad with spaces X/IRE Text Text Text End of record.Field # 1003 Sect 06H-010 Data Stream 06H Pos Len 1 3 Seg Occ M Field Information Required Record ID: Alias Borrower or Co-Borrower cannot have duplicate aliases. 06H-050 VI Alternate Last Name 83 35 Another last name that the applicant may have used previously. EC Y = Yes N = No © 2014 Fannie Mae.35 of 68 .ZZ. 06L-110 VI Monthly Payment Amount 161 X/IRE. to pay down the liability and keep the account current. EC Y = Yes N = No 06L-150 VI REO Asset ID 195 2 n This value must match to the corresponding value of field #06G180. which must be paid monthly by the applicant.ZZ 06L-140 VI Liability will be paid prior to closing 194 1 A code indicating whether the liability will be paid off at or before closing. RLD .Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required HELOC and Mortgages must be differentiated. EC Y = Yes N = No 06L-170 Omitted Indicator 198 1 Indicates whether a liability listed on the credit report should be omitted from the liabilities calculation because of duplication or misrepresentation. no. X/Conditional: Required if 06L-030 is Home Equity Line or Credit of Mortgage EC 06L-160 Resubordinated Indicator 197 1 Indicates whether the liability will be re-subordinated to the loan after closing. 06L-040 VI Creditor Name 15 35 Text 06L-050 VI Creditor Street Address 50 35 Text 06L-060 VI Creditor City 85 35 Text 06L-070 VI Creditor State 120 2 Text 06L-080 VI Creditor Zip Code 122 5 n 06L-090 VI Creditor Zip Code Plus Four 127 4 n 06L-100 VI Acct. G/IRE EC ZZZZZZZZZZZZ. EC n X/IRE. 06L-130 VI Unpaid Balance 179 15 The unpaid balance of the liability at the time the loan application was completed. G/IRE EC ZZZZZZZZZZZZ. 131 30 Text 15 The dollar amounts. 06L-120 VI Months Left to Pay 176 3 The number of months the applicant must continue to make monthly payments to fully and satisfactorily pay off the liability. Trademarks of Fannie Mae. Field # 06L-180 1003 Sect VI Data Stream Pos Len Subject Property Indicator 199 1 Seg Occ Field Information Indicates whether the liability is associated with the subject property and is required to be either paid off or re-subordinated. 06S-020 VI Applicant Social Security Number 4 9 n X/IRE G/IRE 06S-030 VI Summary Amount Type Code 13 3 A code identifying an Undrawn HELOC and/or IPCs. 06S-040 VI Amount 16 ZZZZZZZZZZZZ. 1 EC Y = Yes N = No End of record. it should only appear once for the primary borrower. G RLD . Length = 200 <N/L> 06S-010 06S 1 3 M Record ID: Undrawn HELOC and IPCs X/Conditional. Length=30 <N/L> 07A-010 07A © 2014 Fannie Mae. G/Conditional: Required IF an Undrawn HELOC is associated with the subject property. the sum of all HELOCs should appear once under the primary borrower. Required EC Y = Yes N = No 06L-190 VI Rental Property Indicator 200 Indicates whether the liability is associated with a rental property and the monthly payment is already included in the calculation of the net rental income. If there are multiple undrawn HELOC amounts. If the primary borrower and co-borrower are borrowers for the same HELOC. 1 3 S Record ID: Details of Transaction X. End of record.36 of 68 . Trademarks of Fannie Mae. X/IRE G/IRE HMB = Undrawn HELOC Amount SCA = IPCs: Excess Financing Concessions or Sales Concessions Amount See Fannie Mae and EDI Code Conversions Table for Element 522.ZZ 15 X/IRE G/IRE For HMB (Undrawn HELOC Amount) the amount is related to the subject property and should only be entered once. 37 of 68 .ZZ EC 15 The cost to the applicant that is associated with refinancing a mortgage loan on a property. Alterations. improvements. ZZZZZZZZZZZZ. Refinance (Inc. PMI MIP.Field # 07A-020 1003 Sect VII Data Stream a. include that amount in 07A110. G/Conditional: Required if applicable to Casefile ZZZZZZZZZZZZ. This will only be collected if the land was acquired separately from the property. Estimated prepaid items 64 15 ZZZZZZZZZZZZ.ZZ X/Conditional.ZZ Required X/Conditional. G/Conditional: Required if Purpose of Loan 02B-030 = 16 – Purchase EC 07A-030 VII b. debts to be paid off) 34 49 15 The cost of the land for the property. If any of this is to be paid by the seller. Purchase price Pos Len 4 15 Seg Occ Field Information The amount of money that the property will be purchased for. Funding Fee 94 15 A fee paid to initiate mortgage insurance. G/Conditional: Required if applicable to Casefile Conventional: Enter amount © 2014 Fannie Mae. 07A-080 VII g. include that amount in 07B-030. repairs 19 15 The cost of any alterations. ZZZZZZZZZZZZ. improvements. include that amount in 07A-110. X/Conditional.ZZ Conventional: Enter the total amount of the Closing Costs. If any of this is to be paid by the lender. This amount cannot be less than $0.ZZ EC 07A-040 07A-050 VII VII c. If any of this is to be paid by the lender. 07A-070 VII f. G/Conditional: Required if applicable to Casefile FHA/VA: This is the amount paid by the borrower. If any of this is to be paid by the seller. X/Conditional. RLD . G/Conditional: Required if applicable to Casefile ZZZZZZZZZZZZ.ZZ EC 07A-060 VII e. X/Conditional.ZZ Conventional: Enter the total amount of Pre-Paid expenses charged. Trademarks of Fannie Mae. include that amount in 07B-030. X/Conditional. Estimated closing costs 79 15 ZZZZZZZZZZZZ. G/Conditional: Required if applicable to Casefile FHA/VA: Enter the total allowable Closing Costs.00. G/Conditional: Required if Purpose of Loan 02B-030 = 05 (Refinance) ZZZZZZZZZZZZ. X/Conditional. and repairs on the property. Land d. DU will recognize both and add the two amounts to determine total seller credit. X/Conditional. If the MIP is paid by the seller (it must be all or nothing) and the user enters the amount paid by seller in seller concessions only the funds to/from borrower would not be correct. Points or Up-front MI that is paid by the seller may also be entered into 07B-030 (Other Credits. If any of this is to be paid by the lender. Trademarks of Fannie Mae. include that amount in 07A-110.ZZ Enter the total amount of discount points charged. If any of this is to be paid by the seller. 07A-100 VII j. X/Conditional. Government Loans: Enter the amount of Closing Costs © 2014 Fannie Mae. VA: Enter the total funding fee as required by VA. Pre-Paids. If any of this is to be paid by the lender. G/Conditional: Required if applicable to Casefile Conventional: Include the amount of Closing Costs. Closing Costs. Subordinate financing 124 15 The total amount of financing by a type of debt inferior to this loan the applicant is applying for on the same property. Seller Credit) in addition to 07A-110. RLD . If any of this amount is to be paid by either the seller or lender. include that amount in 07B-030. seller or lender respectively). G/Conditional: Required if applicable to Casefile ZZZZZZZZZZZZ. Discount Points and up-front PMI paid by the Seller. Applicant's closing costs paid by Seller 139 15 ZZZZZZZZZZZZ. Government Loans: FHA: Enter amount of Total Upfront MIP charged.ZZ EC 07A-110 VII k. enter that amount in GOA-040. enter that amount in 07B-030 (other credits. lender). 07A-090 VII h. If any of this is to be paid by the seller. Pre-Paids.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required charged. G/Conditional: Required if applicable to Casefile Conventional: Fannie Mae does not distinguish between Discount and Origination points.ZZ X/Conditional.38 of 68 . enter that amount on 07B-030 (other credits. Discount 109 15 ZZZZZZZZZZZZ. Length=168 <N/L> 07B-010 07B 1 3 07B-020 Other Credit Type Code 4 2 M Record ID: Other Credits Fannie Mae data element Other Credit Type Code: 01 = Cash Deposit on sales contract 02 = Seller Credit 03 = Lender Credit 04 = Relocation Funds 05 = Employer Assisted Housing 06 = Lease Purchase Fund 07 = Other 08 = Borrower Paid Fees X Required if applicable X/IRE.39 of 68 . etc. These types of fees should be entered as a negative value in other credits. Cash From/To Borrower. For FHA loans. Do not include seller paid prepaid items. rate locks. X/Conditional. This will ensure that the system correctly © 2014 Fannie Mae. The system will add these amounts to Line P. MIP. RLD . seller credit can be populated in this field or in 07B as a “Seller Credit” but not in both places. Funding Fee financed 154 15 The amount of the fee paid to initiate mortgage insurance that will be financed in the mortgage loan transaction. Summarizing multiple values under the Credit Type “Other” may alter the calculation and findings. FHA guidelines allow for some non-allowable closing costs that may be paid by the borrower but that may not be financed in the mortgage or included in the mortgage amount calculations. Trademarks of Fannie Mae. they will not be included in Line F. PMI. G/IRE Note: Cash Deposit On Sales Contract amount must be included here as code “01” (Cash Deposit on sales contract) and must be entered if a cash deposit is listed in segment 06C as a type "F1" asset. 07A-120 VII n. To ensure accurate calculation of the Borrower Contribution Amount and to receive accurate findings.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required paid by the Seller. These include commitment fees.ZZ EC End of record. G/Conditional: Required if applicable to Casefile ZZZZZZZZZZZZ. all “Other Credit Types” must be supported. Are you presently delinquent or in default on any Federal debt. Have you been declared bankrupt within the past 7 years? 14 1 Y = Yes N = No Any "yes" responses must be explained.. G 08A-100 VIII h. G 08A-060 VIII d. G 08A-010 © 2014 Fannie Mae. G 08A-080 VIII f. G 08A-030 VIII a. 17 1 Y = Yes N = No Any "yes" responses must be explained. Length=20 <N/L> 08A 1 3 Record ID: Declarations X. Is any part of the down payment borrowed? 20 1 Y = Yes N = No Any "yes" responses must be explained.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required calculates the borrower’s required funds to close. X. SA RLD . Have you directly or indirectly been obligated on any loan..S. G 08A-040 VIII b. X. 18 1 Y = Yes N = No Any "yes" responses must be explained. Are you a co-maker or endorser on a note? 21 1 Y = Yes N = No Any "yes" responses must be explained. Trademarks of Fannie Mae. Are you a party to a lawsuit? 16 1 Y = Yes N = No Any "yes" responses must be explained. G 08A-090 VIII g.. citizen? k. X. G 08A-020 VIII Applicant Social Security Number 4 9 n X. Are there any outstanding judgments against you? 13 1 Y = Yes N = No Any "yes" responses must be explained. G 08A-050 VIII c.40 of 68 . Are you a U. G/IRE End of record. Are you a permanent resident alien? 22 2 EDI Data Element 1066: 01 = US Citizen 03 = Permanent Resident-Alien 05 = Non-Permanent ResidentAlien X. 07B-030 VII Amount of Other Credit 6 ZZZZZZZZZZZZ. G 08A-110 VIII i. For FHA loans. G 08A-070 VIII e. Have you had property foreclosed upon or given title or deed in lieu thereof in the last 7 years? 15 1 Y = Yes N = No Any "yes" responses must be explained. G 08A-120 VIII j.. Are you obligated to pay alimony child support or separate maintenance? 19 1 Y = Yes N = No Any "yes" responses must be explained.ZZ 15 X/IRE. seller credit can be populated in this field as Other Credit Type 02 or in 07A-110 as “Applicant Closing Costs Paid by Seller” but not in both places. G FHA: This field used to determine FTHB.Field # 08A-130 1003 Sect VIII Data Stream l.41 of 68 .. (2) How did you hold title. specify ‘investment’ in this field... 1 Note: U is not valid for DO/DU on the Web. specify ‘secondary’ in this field.. If none have been investment and any have been secondary residence. select “not. 27 EDI Data Element 1187: 01 = Sole (individual) 25 = Joint With Spouse 26 = Joint With Other Than Spouse 2 C/DU. use EDI code: “93”. (1) What type of property. Length=28 <N/L> 08B-010 08B 1 3 08B-020 VIII Applicant Social Security Number 4 9 08B-030 VIII Declaration Type Code 13 2 M Record ID: Declaration Explanations Specify if field #08A-030 to 08A110 is Yes. Required C/DU. RLD .send Y or N 08A-150 VIII m. EDI Data Element 1321: 91 = Outstanding Judgments 92 = Declared Bankruptcy in past 7 years 93 = Foreclosure or deed in lieu in © 2014 Fannie Mae. Pos Len 24 1 Seg Occ Field Information Y = Yes N = No U = Unknown Any "yes" responses must be explained.. Fannie Mae will automatically generate corresponding data values. Trademarks of Fannie Mae. EC X/Conditional G/Conditional Specify value if field 08A-140 is Y.” End of record. EC Note: U is not valid on DO/DU on the Web. Do you intend to occupy. G For FHA Scorecard. 25 Y = Yes N = No U = Unknown Any "yes" responses must be explained. EC X/Conditional G/Conditional Required if 08A-140 = Y For FHA Scorecard. Best Practice .. Best Practice is to send Y or N. 26 EDI Data Element 1070: 1 = Primary Residence 2 = Secondary Residence D = Investment Property 1 If any of the ownership interests have been investment. 08A-140 VIII m. Fannie Mae will automatically generate corresponding data values. If owned more than one property in last three years: if “jointly” and “not”. preforeclosure sale and foreclosure information in the credit data. C/DU X/IRE C/DU To instruct DU to disregard deed-in-lieu of foreclosure. n A code that identifies the particular question asked in the Declarations section of the loan application. Have you had an ownership interest. 08A-160 VIII m.. NOT Required.. or deed in lieu of judgment 96 = Delinquency or Default 97 = Obligated to pay alimony. CCYYMMDD © 2014 Fannie Mae. enter: .1 August 2014 update.1. to instruct DU to disregard the foreclosure information in the credit data. RLD . clarifying their response to a declaration on the loan application.Confirmed CR PFS* Per 9.Confirmed CR FC EC* (Value overrides foreclosure information due to extenuating circumstances) *Separate values by a comma when entering more than one item. child support or maintenance. Trademarks of Fannie Mae. Length=269 <N/L> 09A-010 09A 1 3 09A-020 IX Applicant Social Security Number 4 9 09A-030 IX Signature Date 13 8 SA Record ID: Acknowledgment and Agreement n X/IRE The date that the applicant signed the loan application or the continuation sheet(s). to instruct DU to disregard deed-inlieu of foreclosure and preforeclosure sale in the credit data. enter: .1 Nov 2013 release. Direct/Indirect Foreclosed Property in the past 7 years 94 = Party to Lawsuit 95 = Obligated on a loan foreclosed.Confirmed CR DIL* . End of record.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required past 7 years. 255 C/DU Text Per 9.Confirmed CR FC Incorrect* (Value overrides inaccurate foreclosure information) . Borrowed Down Payment 99 = Co-Maker or Endorser on a note 08B-040 VIII Declaration Explanation 15 A brief explanation made by the applicant to the Interviewing Loan Officer.42 of 68 . Alimony Child Support 98 = Part of down payment borrowed. Not Hispanic or Latino 3.Hispanic or Latino 2.43 of 68 . Y = Yes N = No 10A-040 X Ethnicity 14 1 10A-050 X Filler 15 30 10A-060 X Sex 45 1 EC F = Female M = Male I = Information not provided by applicant in mail. if applicable Text CCYYMMDD © 2014 Fannie Mae. Required. internet or telephone application 4. internet or telephone application N = Not applicable EC End of record.Not applicable 10B 1 3 S Record ID: Loan Originator Information One Occurrence EDI Data Element 1079: F = Face-to-Face M = Mail or Fax T = Telephone I = Internet or E-Mail 10B-020 X This application was taken by 4 1 10B-030 X Loan Originator’s Name 5 60 The name of the person who received the application information from the applicant(s). entered to support government monitoring. Length=20 <N/L> 10A-010 Field Information 10A 1 3 10A-020 X Applicant Social Security Number 4 9 10A-030 X I do not wish to furnish this information 13 1 S Record ID: Information for Government Monitoring Purposes. Length=45 <N/L> 10B-010 1108 Ethnicity Code: 1.Field # 1003 Sect Data Stream Pos Len Seg Occ Required End of record. 10B-040 X Interview Date 65 8 The date that the Loan Originator signed the loan application. Trademarks of Fannie Mae. 10B-050 X Loan Originator’s Phone Number 73 10 n 10B-060 X Loan Origination Company’s Name 83 35 Text 10B-070 X Loan Origination Company’s Street Address 118 35 Text X/Conditional.Information not provided by applicant in mail. One occurrence per Applicant n EC A code indicating whether the applicant wishes to furnish race and gender data. RLD . G. or telephone application 7 = Not applicable EC Applicant may report multiple race types. Credit 000-010 000 1 3 000-020 File Type 4 000-030 File Version ID 7 S End of record. G.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information 10B-080 X Loan Origination Company’s Street Address 2 153 35 Text 10B-090 X Loan Origination Company’s City Address 188 35 Text 10B-100 X Loan Origination Company’s State Code 223 2 Text 10B-110 X Loan Origination Company’s Zip Code 225 5 n 10B-120 X Loan Origination Company’s Zip Code Plus Four 230 4 n End of record. G.20 X.44 of 68 . Length=11 <N/L> 99B-010 FNM 99B 1 3 99B-020 FNM Seller Provided Below Market Financing 4 1 S Record ID: Fannie Mae Transmittal Data X. Credit 3 70 = Additional Case Data X. NOT REQUIRED © 2014 Fannie Mae. G. Trademarks of Fannie Mae. End of record. RLD . Credit Segment required for Import A code indicating if the seller offered below-market subordinate financing. Y = Yes N = No Specify value if 1003 field #02B030 is Purchase. Length=14 <N/L> Record ID: File Identification X. Length=233 <N/L> 10R-010 Required 10R 1 3 M Record ID: Information for Government Monitoring Purposes – reporting on Multiple Race per Applicant 10R-020 X Applicant Social Security Number 4 9 n EC 10R-030 X Race 13 2 1107 Race Code: 1= American Indian or Alaska Native 2 = Asian 3 = Black or African American 4 = Native Hawaiian or Other Pacific Islander 5 = White 6 = Information not provided by applicant in mail. internet. Credit 5 File Version =3. G/Conditional: Required. Manufactured Home Appraisal Report for VA 132 = Form 1004C.ZZ EC 99B-050 FNM Buydown Rate 22 7 The final Bought Down Interest Rate. Manufactured Home Appraisal Report with interior/exterior inspection* 133 = Form 1073 condominium © 2014 Fannie Mae. if purpose of loan is purchase and appraisal value < sales price. Required with value > 0. Refinance 99B-040 FNM Property Appraised Value 7 15 The value of the property as documented by the appraisal.45 of 68 . if purpose of loan is refinance or construction-perm. X.ZZZ 99B-060 FNM Actual vs. Estimated Appraised Value Indicator 29 2 Fannie Mae Code: 01 = Actual 02 = Estimated 99B-070 FNM Appraisal Fieldwork Ordered 31 3 Fannie Mae Property Documentation Obtained Codes: 102 = No appraisal/inspection obtained 103 = Form 2075 exterior inspection 104 = Form 2055 appraisal with exterior only inspection 110 = Form 2095 cooperative appraisal with exterior only inspection 114 = Form 1025 appraisal with interior/exterior inspection 116 = Form 1004 appraisal with interior/exterior inspection 120 = Prior appraisal used for the transaction 125 = Other 130 = Form 26-1805. RLD . if applicable product ZZZ. G Conventional Loans: Required with value > 0. Trademarks of Fannie Mae. The rate that the applicant will pay after the buydown is applied. Government Loans: Required for all submissions ZZZZZZZZZZZZ.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required 99B-030 FNM Owner of existing mortgage 5 2 Fannie Mae Owner of Existing Mortgage Codes: 01 = Fannie Mae 02 = Freddie Mac 03 = Seller/Other F1 = Unknown X/Conditional Required if 1003 field 02B-030 = 05. X/Conditional. Certificate of Reasonable Value for VA 131 = Form 26-8712. 46 of 68 . if applicable 99B-100 FNM Appraiser License Number 129 15 Text X/Conditional. Value must be numeric characters only and cannot exceed 12 characters in length. Required. if applicable EC X/Conditional. ADS-020 LoanOriginationCompanyI D 4 35 Text Must equal LoanOriginationCompanyID ADS-030 Value 39 50 n Value of LoanOriginationCompanyID. 99B-080 FNM Appraiser Name 34 60 Text X/Conditional. if applicable 99B-090 FNM Appraiser Company 94 35 Text X/Conditional. if applicable 99B-110 FNM Appraiser License State Code 144 2 Text X/Conditional. if applicable Must equal LoanOriginatorID EC ADS-030 Value 39 50 n Value of LoanOriginatorID. New fields added to support FHFA requirements Text X/Conditional. Required. Required. if applicable EC RLD . Required. Required. © 2014 Fannie Mae. if applicable End of record.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required appraisal with interior/exterior inspection* 134 = Form 1075 condominium appraisal with exterior inspection* 135 = Form 2090 cooperative appraisal with interior/exterior inspection* 136 = Form 1004D appraisal updated/completion report* 137 = Form 2000 Field review oneunit* 138 = Form 2000A Field review 24* * Values 132-138 not valid until DU 5. Required. Value must be numeric characters only and cannot exceed 12 characters in length. if applicable EC X/Conditional. Required. Required. Trademarks of Fannie Mae. X/Conditional. Length=145 <N/L> ADS-010 ADS 1 3 ADS-020 LoanOriginatorID 4 35 M Record ID: Additional Data Segment All systems should support multiple occurrences of this segment to prevent the loss of data when a user imports/exports a 1003 file between systems.6 release planned for Q3 2006. Value must allow alphanumeric characters and cannot exceed 21 characters in length. G. X EC EDI Data Element 1101: 1 = First Mortgage 2 = Second Mortgage F = Other Mortgage LNC-030 Loan Loan Documentation Type Code © 2014 Fannie Mae. SCA-030 Score Score 7 3 The score value associated with the Score ID. Required.Field # 1003 Sect ADS-020 Data Stream SupervisoryAppraiserLicen seNumber Pos Len 4 35 Seg Occ Field Information Text Required X/Conditional. Trademarks of Fannie Mae. Required. Length=11 <N/L> LNC-010 Loan Characteristi cs LNC 1 3 LNC-020 Loan Lien Type Code 4 1 S Record IDLoan Characteristics for Eligibility X.20 X. Credit Indicates whether the loan being applied for is the first or a subordinate trust on the property. Credit 7 5 File Version = 3. if applicable Must equal SupervisoryAppraiserLicenseNum ber ADS-030 Value 39 Alphanumeric 50 X/Conditional. One or more of the same score type may be passed. Length= 88 <N/L> SCA-010 Score SCA 1 3 SCA-020 Score Score ID 4 3 M Record ID: Score Fannie Mae “Score ID” : 001 = PMI Aura AQI Score 002 = GE IQ Score 003 = UGI Accuscore Note : Do not send multiple score types. Mortgages and Home Equity Lines of Credit must be differentiated RLD . Credit 000-030 File Version ID S Record ID: File Identification 000-010 End of record. Score Value CCYYMMDD End of record. G. 5 1 A code indicating the level of documentation being collected to process and underwrite the loan. if applicable Value of SupervisoryAppraiserLicenseNum ber. SCA-040 Score Score Date 10 8 Date that the score was received from the Mortgage Scoring engine. Credit 000 1 3 000-020 File Type 4 3 11 = Product Data X. G.47 of 68 . ADS-020 Name 4 35 Text ADS-030 Value 39 50 Text End of record. G. Length=17 <N/L> X. RLD . 05. Trademarks of Fannie Mae. EDI Data Element 1103. Loan Documentation Type Code: A = Alternative (Non-traditional documentation used to determine the credit worthiness of a borrower) F = Full R = Reduced B = Streamlined Refinance C = No documentation D = No Ratio E = Limited Documentation U = No Income.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required and specified as applicable in the case. 07. Note: 11 is no longer © 2014 Fannie Mae. you must populate one of the following values: 03. No Employment and No Assets on 1003 G = No Income and No Assets on 1003 H = No Assets on 1003 I = No Income and No Employment on 1003 J = No Income on 1003 K = No Verification of Stated Income. 07 or 09. 10 and 09 are NOT valid for VA submissions. Employment or Assets L = No Verification of Stated Income or Assets M = No Verification of Stated Assets N = No Verification of Stated Income or Employment O = No Verification of Stated Income P = Verbal Verification of Employment Q = One paystub S = One paystub and VVOE T = One paystub and one W-2 and VVOE or one yr 1040 LNC-040 Loan Subject Property Type Code 6 2 A code indicating the type of property used to secure the loan. Fannie Mae Property Type Code: 01 = Detached 02 = Attached 03 = Condominium 04 = Planned Unit Development (PUD) 05 = Co-Operative (Co-Op) 07 = High Rise Condo 08 = Manufactured Home 09 = Detached Condo 10 = Manufactured Home: Condo/PUD/Co-Op 11 = MH Select™ X. For FHA loans where the subject property is a condominium. G Government Loans: 05 is not valid for FHA loans.48 of 68 . expressed as a percent of the original loan amount. not in a project or development 17 = T PUD (no longer supported after 10/20/2012) 18 = T CO_OP (no longer supported after 10/20/2012) LNC-100 Loan Negative Amortization Limit Percent 18 7 The maximum amount of negative amortization that may occur against the unpaid balance for the life of the loan.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required valid EC LNC-050 Loan Reserved for future use 8 2 Unused. DU will use the populated value to qualify Neg AM ARMs. LNC-090 Loan Project Classification Code 16 EC Fannie Project Classification Codes: 01 = A/III Condo (no longer supported after 4/17/2010) 02 = B/II Condo (no longer supported after 4/17/2010) 03 = C/I Condo (no longer supported after 4/17/2010) 04 = E PUD 05 = F PUD 06 = III PUD (not valid DU 5.ZZZ The Neg AM Limit should be populated with the lender’s value. DU will use a value © 2014 Fannie Mae.49 of 68 . If the field is not populated or is less than or equal to 100. X/Conditional: Conditionally required for negatively amortizing ARM plans ZZZ. pad with spaces 2 A lender-assigned code defined by Fannie Mae to classify projects in compliance w/ Fannie Mae project guidelines.6 Release 2006) 07 = 1 CO-OP 08 = 2 CO-OP 09 = P Condo 10 = Q Condo 11 = R Condo 12 = S Condo 13 = T Condo 14 = U Condo 15 = V Condo 16 = G. If Neg AM Limit is greater than 100. pad with spaces LNC-070 Loan Reserved for future use 12 2 Unused. pad with spaces LNC-080 Loan Reserved for future use 14 2 Unused. RLD . Trademarks of Fannie Mae. pad with spaces LNC-060 Loan Reserved for future use 10 2 Unused. Y = Yes N = No. MGIC 011 = PMI Mortgage Insurance Company. LNC-180 Loan Will Escrow be Waived? 58 1 Y = Yes N = No LNC-190 Loan Scheduled Loan Closing Date 59 8 CCYYMMDD LNC-200 Loan Scheduled First Payment Date 67 8 Scheduled date for when the first loan payment will be due to be made by the Applicant under the terms of the mortgage. LNC-170 Loan Payment Adjustment Life Amount Cap 43 15 The lifetime payment adjustment amount cap. 7 The percentage of the mortgage loan balance. LNC-120 Loan Filler 26 1 LNC-130 Loan Filler 27 1 LNC-140 Loan Homebuyer Education Completion Indicator 28 1 N=No Y=Yes LNC-150 Loan Maximum Lifetime Rate Increase 29 7 The maximum % rate increase that may occur over the life of the loan. which will be insured by the MI Insurer.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required of 115 percent (110 percent in New York state) of the loan amount. LNC-110 Loan Balloon Indicator 25 1 A code indicating whether or not a final balloon payment is required. EC ZZZ. EC Fannie “ MI Insurer Code”: 001 = GE Mortgage Insurance Corporation.ZZZ LNC-220 Loan MI Insurer Code 82 3 A code that identifies the specific entity that will provide mortgage insurance for this loan. ZZZ. expressed as a dollar amount. to fully pay off the loan.ZZ CCYYMMDD LNC-210 Loan MI Coverage Percent 75 ZZZ. under the terms of the loan repayment schedule.ZZZ ZZZZZZZZZZZZ. PMI © 2014 Fannie Mae. RLD . Trademarks of Fannie Mae. expressed as a % of the loan amount. GE 006 = Mortgage Guarantee Insurance Corporation.ZZZ LNC-160 Loan Payment Adjustment Life Percent Cap 36 7 The lifetime payment adjustment cap.50 of 68 . X/Conditional: If applicable to casefile Government Loans: Balloons are not supported. Triad 038 = CMG Mortgage Insurance Co. © 2014 Fannie Mae.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required 012 = United Guarantee Residential Insurance Company. which has been selected for this loan.CMG 043 = Essent Guaranty. PID-040 Product Product Plan Number 49 5 An identifying number that identifies the varying loan payment/rate change characteristics of variable rate mortgages. as well as rules for what types of loans are eligible. NMI LNC-230 Loan APR Spread 85 5 Spread between the percentage rate of the loan and the applicable Treasury yield. if applicable Text EC Enter Standard LCOR in the Product Description field to underwrite a DU Refi Plus loan casefile as a standard limited cashout refinance. The product could be a DO Product. PID-030 Product Product Code 34 15 Identifier for the specific loan product. or a Product offered by a Conduit. X/Conditional. a Lender Product. Credit Segment required for import Description of the product which has been selected for this loan. Required..ZZ Y = Loan is covered under act N = Loan is not covered under act LNC-250 Loan PID-010 Product PID-020 Product PreApproval 91 1 PID 1 3 Product Description 4 30 Y-Pre-Approval loan N-Not a Pre-Approval loan End of record. Trademarks of Fannie Mae. an affiliate of PMI (credit unions only). but identifies specific characteristics which will apply to the loan.51 of 68 . Length =91 <N/L> S Record ID: Product Identification X. LNC-240 Loan HOEPA 90 1 Indicates a loan is covered under the Home Ownership Equity Protection Act. Inc 044 = National Mortgage Insurance Company. UG 013 = Republic Mortgage Insurance Company. RMIC 017 = Radian Guaranty Incorporated 024 = Triad Guarantee Residential Insurance Company. ZZ. X/Conditional: Required for all Fannie Mae ARMs G/Conditional: RLD . End of record. com/singlefamily/techno logy-integration EC Do not pad field with leading zeroes. but will cause an Out of Scope recommendation. RLD . 1% annual cap GEN1B = 1 yr. Per 9.fanniemae. Trademarks of Fannie Mae.1 Nov 2013 release. Length=53 <N/L> PCH-010 1 3 S Record ID: Product Characteristics Product Characteristi cs PCH PCH-020 Product Characteristi cs Mortgage Term 4 3 The standard number of months used in determining the period of time over which the loan must be repaid. X. go to the Data Standards Supporting Resources section of the Technology Integration webpage on https://www. PCH-030 Product Characteristi cs Assumable Loan Indicator 7 1 Code indicating whether or not the loan is assumable by another party.52 of 68 . Credit Segment required for import X/Conditional: Required for balloon loans. if LNC-110-Y n (months ) N = No Y = Yes PCH-040 Product Characteristi cs Payment Frequency Code 8 2 Fannie Mae Payment Frequency Codes: 01 = Monthly 02 = Bi-weekly (Required if bi-weekly) PCH-050 Product Characteristi cs Prepayment Penalty Indicator 10 1 A code indicating whether the loan includes a penalty charged to the Applicant in the event of prepayment. X/Conditional: Required if bi-weekly N = No Y = Yes © 2014 Fannie Mae. 2% annual cap GEN3 = 3 yr GEN5 = 5 yr GEN7 = 7 yr GEN10 = 10 yr 251 = FHA 1 yr FHAHY = FHA Hybrid ARM VA1YR = VA 1 yr VAARM = VA Hybrid ARM Required Required for FHA and VA Arms For a complete list of all active ARM Index Codes. ARM Plan IDs related to Interest-only and 40-yr ARMS will still be accepted for import.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Fannie Mae ARM Plan Number for Fannie Mae products. Fannie Mae Generic ARM plans: NGAM = Negative Amortization GEN06 = 6 Month GEN1A = 1 yr. If the fields are not populated or equal to zero. EC See Fannie Mae and EDI Code Conversions Table. G/Conditional Required for ARM. If both the Index Value and Index Margin are populated and greater than zero. ZZZ. EDI Data Element 1087: N = Fully Amortizing (No Negative Amortization) F1 = Scheduled Amortization F2 = Interest Only (no longer supported after 11/16/2013) P = Possible Negative Amortization S = Scheduled Negative Amortization End of record. X/Conditional. DU will use the values to qualify the Neg AM or IO ARM.53 of 68 . N = No Y = Yes PCH-070 Product Characteristi cs Repayment Type Code 12 This code specifies whether the loan payment schedule has been calculated to fully repay the loan over the mortgage term and. This applies to loans where the principal balance increases because the payments do not cover the interest. EC RLD . FHA and VA: Only “N” is valid. DU will use a value of 100 basis points above the note rate entered.ZZZ This is the lender’s value. © 2014 Fannie Mae.Field # 1003 Sect PCH-060 Product Characteristi cs Data Stream Prepayment Restricted Indicator Pos Len 11 1 Seg Occ Field Information Required A code indicating whether or not the loan has any restrictions on the prepayment of the loan (i.. if Amortization Type (field 01A-090) is “01” X/Conditional Fannie Mae: Conditionally required for all ARM Plans: If value is not passed. Length=13 <N/L> ARM-010 ARM-020 ARM ARM ARM ARM Index Value 1 4 3 7 S Record ID: ARM The current value of the index. paying off the principal and or interest at a rate faster than prescribed by the payment schedule). whether it is scheduled or potential. Trademarks of Fannie Mae. 2 Conventional Loans: Only “N” is supported by DU.e. Negative amortization is unpaid interest added to the mortgage principal. used to calculate the initial interest rate for an ARM loan. if negative amortization is possible for the loan. an ineligible message will be returned. Field # ARM-030 1003 Sect ARM Data Stream Index Type (Index Name) Pos Len 11 2 Seg Occ Field Information Required Index Code on which rate and/or payment adjustments are based. Fannie Mae Index Type: 0 = Weekly Average CMT 1 = Monthly Average CMT 2 = Weekly Average TAAI 3 = Weekly Average TAABD 4 = Weekly Average SMTI 5 = Daily CD Rate 6 = Weekly Average CD Rate 7 = Weekly Ave Prime Rate 8 = T-Bill Daily Value 9 = 11th District COF 10 = National Monthly Median Cost of Funds 11 = Wall Street Journal LIBOR 12 = Fannie Mae LIBOR 13 = Freddie Mac LIBOR 14 = National Average Contract Rate (FHLBB) 15 = Federal Cost of Funds 16 = Fannie Mae 60-Day Required Net Yield 17 = Freddie Mac 60-Day Required Net Yield ARM-040 ARM ARM Index Margin 13 7 The amount to be added to the index value to calculate the new interest rate at each rate adjustment (For ARM and GPARM loans only). ZZZ.ZZZ The Index Margin should be populated with the lender’s value. If the Index Value and Index Margin are both populated and greater than zero, DU will use the values to qualify the Neg AM or IO ARM. If the fields are not populated or equal to zero, DU will use a value of 100 basis points above the note rate entered. ARM-050 ARM ARM Qualifying Rate 20 7 The rate used to calculate the applicant’s PITI to qualify the applicant for the subject mortgage for ARM loans. ZZZ.ZZZ Fannie Mae and Generic ARM plans: DU will ignore the Qualifying Rate field (ARM-050) and will calculate the qualifying rate. See the DU Reference Material © 2014 Fannie Mae. Trademarks of Fannie Mae. X/Conditional: Fannie Mae: Conditionally required for all ARM Plans: If value is not passed, an ineligible message will be returned. EC X/Conditional: Required for Negatively amortizing ARM Plans the qualifying rate field should be populated with the lender’s qualifying rate. If it is not populated, DU will use a predetermined qualifying rate. EC RLD - 54 of 68 Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required “Qualifying Interest Rate Used by DU for Proposed Monthly Housing Expense”. Lender ARM Plans: If the Qualifying Rate is not populated, a default value will be used. End of record. Length = 26 <N/L> PAJ-010 Payment Adjustments PAJ 1 3 M Record ID: Payment Adjustment Occurrences. This segment is not used by DU. Contains DO product / pricing information. The sequential number of the payment adjustment for the loan. For the first payment adjustment under the terms of the loan, this would be “1”. The second adjustment for the loan would be “2”. PAJ-020 Payment Adjustment Payment Adjustment Period Number 4 4 PAJ-030 Payment Adjustment Payment Adjustment Duration 8 3 n (Months) – Total Adjustment Period PAJ-040 Payment Adjustment Payment Adjustment Frequency 11 3 The number of months for which the payment adjustment will be effective. n n (Months) – Between Adjustments After First Adjustment PAJ-050 Payment Adjustment Payment Adjustment Type Code 14 1 Indicates if the payment adjustment is a percentage or a dollar amount. 1 = Percent To Adjust Payment Amount 2 = Percent To Adjust Payment Rate 3 = Dollar Adjust To Payment Amount PAJ-060 Payment Adjustment Payment Adjustment Percent 15 7 The scheduled payment increase/decrease amount for this occurrence of a payment change, expressed as a percentage. PAJ-070 Payment Adjustment Payment Adjustment Amount 22 15 The scheduled payment increase/decrease amount for this occurrence of a payment change, expressed as a dollar amount. ZZZ.ZZZ ZZZZZZZZZZZZ.ZZ © 2014 Fannie Mae. Trademarks of Fannie Mae. RLD - 55 of 68 Field # 1003 Sect PAJ-080 Payment Adjustment Data Stream Payment Adjustment Percent Cap Pos Len 37 7 Seg Occ Field Information Required The payment adjustment cap for this occurrence of a payment change, expressed as a percentage. ZZZ.ZZZ Specify if field PAJ-050 = 1 or 2 PAJ-090 Payment Adjustment Payment Adjustment Amount Cap 44 The payment adjustment amount cap per change, expressed as a dollar amount. 15 ZZZZZZZZZZZZ.ZZ Required if field PAJ-050 = 3 PAJ-100 Payment Adjustment Months To First Payment Adjustment 59 The number of months from the first payment until the first payment adjustment. 3 n (Months) End of record, Length = 61 <N/L> RAJ-010 Rate RAJ 1 3 RAJ-020 Rate Adjustment Rate Adjustment Period Number 4 4 RAJ-030 Rate Adjustment Rate Adjustment Duration 8 3 M Record ID: Rate Adjustment Occurrences Specify if Field #01A-090 = 01 for ARM and if the ARM will have rate adjustments. NOT REQUIRED. The sequence number of the rate adjustment information for the loan, if there are more than one rate adjustments. n The number of months for which the rate adjustment will be effective. Total Adjustment Period n (Months) RAJ-040 Rate Adjustment Rate Adjustment Frequency 11 3 Frequency of the adjustments during the adjustment period. Between Adjustments After First Adjustment n (Months) RAJ-050 Rate Adjustment Rate Adjustment Calculation Method Code 14 1 Indicates the method for calculating the new adjusted rate at each rate change. 0 Add % to Current Rate 1 Add % to Original Rate 2 Index + Margin © 2014 Fannie Mae. Trademarks of Fannie Mae. RLD - 56 of 68 ZZZ Y = Yes N = No © 2014 Fannie Mae. n (Months) n (Months) -ZZ. if the interest rate increases annually during a two-year buydown. Depending on the calculation method. Trademarks of Fannie Mae. per change. Rate Adjustment Rate Adjustment Cap 22 7 The cap on the percentage rate increase allowed for the loan.ZZZ ZZZ. BUA-050 Buydown Funding Code 17 1 Indicates whether or not the lender is funding the Interest Rate Buydown. BUA-030 Buydown Buydown Duration 7 3 The period of time (counted in months) from the Base Date during which the interest rate buydown is in effect. Length = 31 <N/L> S Record ID: Buydown Data BUA-010 Buydown BUA 1 3 BUA-020 Buydown Buydown Frequency 4 3 The time interval between interest rate increases during the buydown period. the frequency of interest rate change is 12 months.57 of 68 . BUA-040 Buydown Increase Rate 10 7 The amount by which the interest rate can increase or decrease at each adjustment period within the buydown duration. RLD .Field # 1003 Sect RAJ-060 Rate Adjustment RAJ-070 RAJ-080 Data Stream Pos Len Seg Occ Field Information Rate Adjustment Percent 15 7 Percentage to be used for the rate adjustment. Rate Adjustment Months To First Rate Adjustment 29 3 The number of months from the first payment until the first rate adjustment. it should be entered as a negative amount. this may be a percentage added to the current rate or it may be a percentage added to the original rate. If a decrease is entered. For example. Required ZZZ.ZZZ n (Months) End of record. Length=26 <N/L> LEA-010 Record ID: Casefile Identification 1 4 3 20 S Record ID: Lender Data G Maximum 10 digits in length . G Required for FHA U/W.no dashes or spaces. Or Temp. matches HUD issued FHA Sponsor Identifier format. Length = 19 <N/L> 000-010 000 1 3 Record ID: File Identification G 000-020 File Type 4 3 20 = Government Data G 000-030 File Version ID 7 5 File Version = 3.20 G S End of record. Trademarks of Fannie Mae. LEA-030 Lender FHA Sponsor Identifier 24 20 Maximum 10 digits in length. matches HUD issued FHA Lender Identifier format. G Required for FHA. The FHA Lender Identifier is the originator making the U/W request. Length=11 <N/L> IDA-010 Identification IDA 1 3 IDA-020 Identification Filler 4 23 S LEA-020 Lender Lender LEA FHA Lender Identifier G Reserved for future use .fill with blanks. 0 = Note Date 1 = First Payment Date 2 = Last Payment Date Note: This field is not currently used. if condition exists n Government Loans : Required if the loan type is FHA and the originator is not a Direct Endorsement approved lender.58 of 68 . n Government Loans: Required if the loan type is FHA.no dashes or spaces. Submitted to the FHA TOTAL Scorecard.Field # BUA-060 1003 Sect Buydown Data Stream Buydown Base Date Code Pos Len 18 1 Seg Occ Field Information Required A code indicating the date from which the duration of the buydown is counted. 1 0 = Permanent 1 = Temporary End of record. FHA will validate the © 2014 Fannie Mae. End of record. RLD . FHA will validate Lender ID.) 19 Indicates whether the buydown is permanent or temporary. BUA-070 Buydown Buydown Type Indicator (Perm. Submitted to the FHA TOTAL Scorecard. Only pass FHA Lender Identifier if you are a FHA endorsed underwriter. G/Conditional Required if applicable to the Casefile. the dollar amount form the MCC should be entered in this field as a monthly amount. Pass both the FHA Sponsor ID (LEA-030) and the Sponsored EIN LEA-040) if you are not a Direct Endorsement approved lender.59 of 68 . fill with blanks. subject to the $2000 annual ($167 monthly) limit. 13 End of record. the amount of the seller contributions above the allowed 6% seller contribution which will be paid by the seller of the property should be entered in © 2014 Fannie Mae. This includes anything over the 6% contribution for an FHA loan (or over the 4% of reasonable RLD . This field should only be completed if the funds are coming from a MCC issued by a federal. Length=66 <N/L> GOA-010 GOA-020 Government Government GOA Energy Efficient New Home 1 4 3 1 S Record ID: Both FHA/VA Loans G Y Yes N No This field is not used for underwriting. LEA-040 Lender Sponsored Originator EIN 44 Sponsored Originator EIN 10 ZZZZZZZZZ Pass the Sponsored EIN (LEA040) and the FHA Sponsor Identifier (LEA-030) if you are not a Direct Endorsement approved lender. the dollar amount from the MCC should be entered in this field as a monthly amount. All other housing allowances should be entered as other income in Section V. GOA-040 Government Seller Concessions 20 15 ZZZZZZZZZZZZ.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required Sponsor ID. Trademarks of Fannie Mae. state. LEA-050 Lender Filler 54 Reserved for future use.ZZ For an FHA loan. GOA-030 Government MCC 5 15 Mortgage Credit Certificate ZZZZZZZZZZZZ. The amount of the MCC will be added to the residual income. The amount of the MCC will be subtracted from the mortgage payment. For a VA loan.ZZ G/Conditional: Required if applicable to the Casefile For an FHA loan. or local agency. giveaways. GOA-090 Government Other Total Closing Costs Fees 79 15 ZZZZZZZZZZZZ. GOA-070 Government Seller Total Closing Costs Fees 57 15 ZZZZZZZZZZZZ. carpeting. GOA-060 Government Borrower Total Closing Costs Points (%) 50 7 ZZZ.ZZ This field is not considered for government unde rwriting.ZZZ This field is not considered for government underwriting.ZZZ This field is not considered for government underwriting. GOA-100 Government Other Total Closing Costs Points (%) 94 7 ZZZ. or other sales incentives from the sales contract are also included here. Required and customary contributions for a VA loan) or an outright concession. GOA-080 Government Seller Total Closing Costs Points (%) 72 7 ZZZ.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information this field. the amount of the concessions (other than normal discount points and closing costs) that will be paid by the seller or other party should be entered in this field. © 2014 Fannie Mae. Trademarks of Fannie Mae. RLD . any true seller concessions such as an allowance furniture.ZZZ This field is not considered for government underwriting.ZZ This field is not considered for government underwriting.ZZ This field is not considered for government underwriting. For a VA loan. True concessions should be subtracted from the sales price with the LTV calculated from the adjusted sales prices.60 of 68 . In addition. decorator allowances. GOA-050 Government Borrower Total Closing Costs Fees 35 15 ZZZZZZZZZZZZ. ZZ © 2014 Fannie Mae. Purchase. G/Conditional: Required for FHA Loans G/Conditional: Required for FHA Loans EC Text FHA Section of the Act Codes: 203(b) = Basic Program. Rehab 203(k)/251 = Purchase. Used for FHA loans. Purchase. GOB-060 Government First Renewal Rate (%) 54 7 This field is not used for underwriting. Refis/ARM 203(k) = Purchase.61 of 68 . This code identifies the underwriting guidelines that should be used for loan evaluation.Field # 1003 Sect GOA-110 Government Data Stream Type of Refinance Pos Len 101 1 Seg Occ Field Information Indicates the type of documentation for no cash out refinance loans. Must be a whole number. End of record. Required G/Conditional: Required if Refinance Fannie Mae Type of Refinance Code: 1 = Full Documentation (FHA or VA) 2 = Streamline with Appraisal (FHA only) 3 = Streamline without Appraisal (FHA only) 4 = Interest Rate Reduction Refinance Loan (VA Only) H = HOPE for Homeowners (FHA Only) R = Prior FHA (FHA only) GOA-120 Government Property County 102 Text 35 Note: This field will no longer be used. Refis 203(b)/251 = Basic Program. the amount of MIP that will be refunded to the borrower. Length=136 <N/L> GOB-010 Government GOB 1 3 GOB-020 Government FHA Section of the Act Codes 4 13 S Record ID: FHA Loans Only The section of the National Housing Act used in underwriting government loans. Trademarks of Fannie Mae. GOB-040 Government MIP Upfront (%) 32 7 This field is not used for underwriting. GOB-070 Government Reserved for future use 61 3 ZZZ G/Conditional: Required if applicable for FHA refinances ZZZZZZZZZZZZ. GOB-050 Government MIP Refund Amount 39 15 For refinance loans. Rehab/ARM 234(c) = Condominium 234(c)/251 = Condominium/ARM 257 = HOPE for Homeowners GOB-030 Government Allowable Repairs 17 15 This field is not used for underwriting. RLD . 15 G/Conditional: Required for VA loans ZZZZZZZZZZZZ.ZZ GOC-060 Government Funding Fee (%) 34 G/Conditional: Required for VA loans if applicable to the casefile. state. Length=63 <N/L> GOC-010 Government GOC 1 3 GOC-020 Government CoBorrower Married to Primary Borrower 4 1 S Record ID: VA Loans Only Indicates whether the co-borrower is married to the borrower.62 of 68 . This field is NOT used for underwriting. (from the Estimated Monthly Shelter Expenses section on the VA Loan Analysis Worksheet. For VA loans. The fee is entered as a percentage. Trademarks of Fannie Mae. Length=40 <N/L> SA Record ID: VA Loans Only GOD-010 Government GOD 1 3 GOD-020 Government Applicant Social Security Number 4 9 n GOD-030 Government Total Tax 13 15 Use this field to pass the TOTAL DEDUCTIONS (Federal. State. and/or Other) from Monthly Income and Deductions Section of the VA Loan Analysis Worksheet. RLD . Retirement/Social Security. End of record. For VA loans. 7 ZZZZ. Y = Yes N = No GOC-030 Government Entitlement Amount 5 The dollar amount guaranteed by the VA to the veteran borrower. 7 This field is not used for underwriting.ZZ GOC-040 Government Monthly Maintenance 20 The estimated dollar amount of monthly maintenance expense. (First Renewal Rate (Months). 7 ZZZZ. and social security taxes (GOD030 + GOD-040.).ZZ GOC-050 Government Monthly Utilities 27 The estimated dollar amount of monthly utilities. GOD-040 Government State Tax 28 15 ZZZZZZZZZZZZ.). (from the Estimated Monthly Shelter Expenses section on the VA Loan Analysis Worksheet. G/Conditional: Required for VA loans G/Conditional: Required for VA loans if applicable to casefile. ZZZZZZZZZZZZ. local. End of record. The funding fee percentage due from the borrower. and GOD-060).ZZ © 2014 Fannie Mae. G/Conditional: Required for VA loans if applicable to the casefile. GOD050. The dollar amount is automatically calculated by the system.ZZ G/Conditional: Required for VA Loans G/Conditional: Required for VA Loans G/Conditional: Required for VA Loans Note: Submit total amount for federal.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required This field is not used for underwriting. GOD-090 Government Total Taxable Income -Primary 103 15 ZZZZZZZZZZZZ. GOD-070 Government Total Non-Taxable Income -. Length=132 <N/L> GOE-010 Government GOE 1 3 GOE-020 Government Applicant Social Security Number 4 9 GOE-030 Government CAIVR # 13 10 SA Record ID: Credit Data Both FHA/VA Loans n G G Assigned by HUD’s Credit Alert Interactive Voice Response System. GOD-100 Government Total Taxable Income -Other 118 15 ZZZZZZZZZZZZ.ZZ This field is NOT used for underwriting.ZZ This field is NOT used for underwriting. an interactive system used to check applicant’s outstanding federal obligations. End of record.ZZ This field is NOT used for underwriting.ZZ This field is NOT used for underwriting. Trademarks of Fannie Mae. G/Conditional: Required if applicable for FHA " " (Blank) = N/A A = Not Counseled D = HUD Approved Counseling Agency End of record.63 of 68 .Field # 1003 Sect GOD-050 Government GOD-060 Data Stream Pos Len Seg Occ Field Information Required Local Income Tax 43 15 ZZZZZZZZZZZZ. GOD-080 Government Total Non-Taxable Income -.Primary 73 15 ZZZZZZZZZZZZ. Government Social Security Tax 58 15 ZZZZZZZZZZZZ. Record ID: File Identification S Record ID: Community Lending Loans CL Required for Community Lending RLD .ZZ This field is NOT used for underwriting. Length=11 <N/L> LMD-010 Comm Lending LMD © 2014 Fannie Mae.ZZ This field is NOT used for underwriting. which corresponds to the borrower’s credit history. GOE-070 Government First Time Homebuyer Counsel Type 32 1 Type of counseling for first time homebuyers.20 CL 1 3 S End of record. GOE-050 Government Bankruptcy < 3 years 26 3 Number of times filed for bankruptcy within the last three years.Other 88 15 ZZZZZZZZZZZZ. GOE-060 Government Foreclosure 29 3 Total number of times previous lenders have foreclosed on property. Length=32 <N/L> 000-010 000 1 3 000-020 File Type 4 3 30 = Community Lending Data CL Required for Community Lending Products CL 000-030 File Version ID 7 5 File Version = 3. Text GOE-040 Government Borrower Credit Rating 23 3 A code supplied by Fannie Mae. Trademarks of Fannie Mae. EC © 2014 Fannie Mae. Y = Yes N = No CL/Conditional: FannieNeighbors indicator is not required for community lending transactions. etc. no trailing spaces LMD-040 Comm Lending Fannie Neighbors Eligible 84 1 Indicates whether the loan is eligible to be a Fannie Neighbors mortgage: e. P&I.64 of 68 .) required within first 5 years 02 = Payments deferred 5 or more years and fully forgiven 03 = Payments deferred 5 or more years and not fully forgiven CL/Conditional: Required if Community Seconds included in transaction. Conventional fixed-rate first mortgage secured by single-family residences that are located within the incorporated city limits of a designated central city or eligible low-income or minority census tract. DU will apply the FannieNeighbors guidelines. CL Required for Community Lending Fannie Mae Code 2010: 04 = MyCommunityMortgage 06 = HFA Preferred Risk Sharing 07 = HFA Preferred EC The following products will not be valid after 7/21/2007: 01 = Community Home Buyer Program 02 = Fannie 97 03 = Fannie 3/2 LMD-035 Comm Lending Community Seconds Repayment Structure 46 38 Indicates the payment structure of the Community Seconds lien: 01 = Any payment (including interest only. Required CL Text LMD-030 Comm Lending Community Lending Product 44 2 The name of the Fannie Mae community-lending product associated with the loan. If the indicator is “No” (N) or blank.g.Field # LMD-020 1003 Sect Comm Lending Data Stream County Pos Len 4 40 Seg Occ Field Information Identifies the county in which the subject property is located. RLD . DU will check the database and apply the FannieNeighbors guidelines if applicable to the Casefile. If the value provided is “Yes” (Y). Left –justify. Based on the Metropolitan Statistical Area or County selected (LMD-020). i.4. provided value will be used for underwriting calculation. a community lending model under which Fannie Mae purchases a first mortgage that has a subsidized second mortgage behind it. HUD’s estimated median family income is used to determine borrower eligibility for affordable loan products. LMD-060 and Income Limit Adjustment Factors (LMD-070) are multiplied to determine the Community Lending Income Limit (LMD-080).ZZ Format Note: Pass the value as a whole number. Y Yes N No LMD-060 Comm Lending HUD Median Income 86 15 ZZZZZZZZZZZZ. If provided with loan data. or local housing agency or a nonprofit organization).Field # LMD-050 1003 Sect Comm Lending Data Stream Community Seconds Pos Len 85 1 Seg Occ Field Information Required Indicates whether the loan is a Community Seconds. Trademarks of Fannie Mae. CL/Conditional: Required for Community Lending Products if applicable to the Casefile.e. Automatically populated based on multiplying fields HUD Median © 2014 Fannie Mae. A second mortgage may be issued by state. Borrowers generally must have incomes no greater than 115% of the median income that HUD publishes for the area in which they reside. LMD-070 Comm Lending Income Limit Adjustment Factors 101 15 ZZZZZZZZZZZZ. The Metropolitan Statistical Area or County Name (LMD-020) provided or automatically looked up by DU Knowledgebase is used to determine the HUD Median Income (LMD-060). this field is automatically calculated by the Fannie Mae KnowledgeBase.g.ZZ Not used for import. LMD-080 Comm Lending Community Lending Income Limit 116 15 ZZZZZZZZZZZZ. for an adjustment factor of 1. county.ZZ Not used for import. RLD .65 of 68 . e. value is 140. This field can be modified/overwritten by user.. X.ET Length=12 RLD . Credit Text . Length=130 <N/L> TT-010 Transaction Trailer ‘TT ‘ 1 3 TT-020 Transaction Trailer Transaction Control Number 4 9 S ET-010 Env.Field # 1003 Sect Data Stream Pos Len Seg Occ Field Information Required Income (LMD-060) and Income Limit Adjustment Factors (LMD070). G. Trailer Envelope Control Number 4 9 © 2014 Fannie Mae. Credit End of record. Fannie Mae KnowledgeBase will not consider value provided by user for underwriting calculation. Note: If provided in loan data.66 of 68 .TT Length=12 <N/L> <N/L> Record ID: Transaction Trailer S Record ID: Envelope Trailer X. G. G. Credit End of record. Credit Text .User Supplied on Import – Must match Control Number in EH. System Generated on Export X. Trademarks of Fannie Mae. System Generated on Export X. G.User Supplied on Import Must match Control Number in TH. End of record. Trailer ‘ET ‘ 1 3 ET-020 Env. Net Cash Flow Net Cash Flow from the Subject Property can be recorded in only one way. For Investor Occupancy or No. Expenses. Subject Property . the net rental amounts from the REO property is used in the ratios and any summary Net Rental Income Amounts entered in segment 05I is ignored.The total monthly amount of net rental income on all properties owned by the Borrower and Co-Borrower.Net Rental Income If the borrower(s) has income from rental properties. User enters "Net the amount of Gross Rental Income. you may enter Net Rental Income either on a detailed basis in the REO segment or on a summary basis in the Income segment: For conventional loans. insurance. or 2.) Where is it entered on Section VI – Schedule of Real Estate Owned. This is not on the 1003 as a separate data element.Monthly Income and Combined the 1003 form? User lists each rental property owned.The amount of net cash flow on the subject property as calculated on Fannie Mae Form 216.Net Cash Flow . Trademarks of Fannie Mae. other than the subject property.Zero or one record. Net Rental Income . taxes and miscellaneous expenses. but it is included as an "other" income type. Investor Occupied and 2-4 Units. This amount is the Gross Rental Income X 75% on all rental properties less mortgage payments. Where is it on the Segment 06G – Zero or more records (one for Segment 05I . This amount will only be reported for properties that are: 1. For Detail Amounts What Data Needs to be Entered? For Summary Amounts Net Rental Income for each REO property. Investor Occupied or Number of Units greater than 1. Segment 05I . Rental Income" amount for Borrower or Coand Net Rental Income for each property. Note: Net Rental Income may be entered regardless of whether employment. For government loans. of type 33 = Net Rental Income amounts entered in field 06G-150. of Units > 1 What Data Needs to be Entered? Where is it entered on the 1003 form? Where is it on the 1003 transaction file? Subject Property . with borrower.67 of 68 . the Underwriting Engine will ignore detailed amounts for any REO property. with Type of Income Code = SI (Subject Property net Cash Flow) © 2014 Fannie Mae.At most one record for each borrower. and other income are reported as summary or detail. per 1003 transaction file? each REO property) for each borrower. Borrower. Section V . and details Housing Expense Information. RLD . dividend and interest. commission. if you enter any summary Net Rental Income Amounts in segment 05I in the Casefile. maintenance. (NOTE: This amount may be negative. RLD . Trademarks of Fannie Mae.68 of 68 . all remaining and non-reconcilable liabilities will be appended to the 1003.Fields that can be Added during the Liability Reconciliation Process When submitting a credit request. This table defines the set of fields that may be added when auto-copying liabilities to the Fannie Mae 1003: Data Source Field # Description 1003 06L-030 06L-040 06L-050 06L-060 06L-070 06L-080 06L-090 06L-100 06L-110 06L-120 06L-130 Liability Type Creditor Name Creditor Street Address Creditor City Creditor State Creditor Zip Code Creditor Zip Code plus Four Account Number Monthly Payment Amount Months Left to Pay Unpaid Balance Note: The liability auto-copy functionality is available only for Fannie Mae underwriting recommendations and credit requests. the Fannie Mae Underwriting Engine will attempt to reconcile liabilities disclosed on the 1003 with those contained in the requested credit report. © 2014 Fannie Mae. the submitter has the option of copying undisclosed liabilities from the nonreconciled credit report into the 1003. After this process. If this option is selected.
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