Navigation:  Appendix A - Merge Field Descriptions (Loans) >

Event 29, Loan Sold

Navigation:  Appendix A - Merge Field Descriptions (Loans) >

Event 29, Loan Sold

Previous pageReturn to chapter overviewNext page  Print this Topic

This letter is generated when a loan is sold to allow you to inform all associated with the loan that it was sold. Information found on the Loans > Payee > Payee Information screen can be used with this event letter. This event can be created with information regarding the company that escrow/reserve disbursements are sent to. This event creates multiple letters; e.g., if you have three insurance companies set up, you will receive three separate letters. Institution option T EV29 will stop letters from being created for disbursement types 10 through 19 (taxes). If you would like this option, submit a work order. This letter must be ordered manually.

 

Merge Field

Field Mnemonic/ Calculation

Description

AMOUNT TO BE DISBURSED

RDAMNT

Amount that will be disbursed on the escrow/reserve

COMPANY ADDRESS 1

CAADD1

Payee address line 1

COMPANY ADDRESS 2

CAADD2

Payee address line 2

COMPANY ADDRESS 3

CAADD3

Payee address line 3

COMPANY CITY STATE ZIP

CACITY, CASTAT, CAZIPC

Payee’s city, state, and ZIP

COMPANY CONTACT

CACONT

Contact for the payee

COMPANY NAME

CANAME

Payee’s name

COMPANY NUMBER

RDCONO

Number assigned to payee information

COMPANY PHONE NUMBER

CAPHNE

Payee’s phone number

DISBURSE EXPIRATION DATE

RDSEXP

Escrow/Reserve disbursement expiration date

FLOOD_INSURANCE_EXPIRATION_DATE

LOFEXD

Date the flood insurance expired.

FLOOD_INSURANCE_EXPIRATION_DATE_ALPHA


Date the flood insurance expired in alphanumeric format.

FLOOD_MAP

LOFMAP

This is the flood map number.

FLOOD_MAP_SUFFIX

LOFMAS

This is the suffix to the flood map.

FLOOD_MAP_DATE

LOFDAT

This is the date of the flood map.

FLOOD_MAP_DATE_ALPHA


This is date of the flood map written out.

FLOOD_ZONE

LOFZON

This is the flood zone.

FLOOD_PANEL

LOFPNL

This is the flood panel.

FLOOD_PANEL_DATE

LOFPDT

This is the flood panel date.

FLOOD_PANEL_DATE_ALPHA


This is the flood panel date written out.

FLOOD_CERTIFICATE

LOFCRT

This is the flood certificate.

FLOOD_DETERMINATION

LOFDTR

This is the flood determination.

INVESTOR ADDRESS 1

IMA11

Investor address 1

INVESTOR ADDRESS 2

IMA12

Investor address 2

INVESTOR ADDRESS 3

IMA13

Investor address 3

INVESTOR ADDRESS 4

IMA14

Investor address 4

INVESTOR ADDRESS 5

IMA15

Investor address 5

POLICY COVERAGE AMOUNT

RDPCVR

Amount of the policy or coverage on the property

POLICY NUMBER

RDPLCY

Insurance policy number

 

 

See also:

Appendix A

Common Fields (All Events)

CIS Fields

Basic Loan Fields

 

©2024 FPS GOLD. All rights reserved.