Navigation: Appendix A - Merge Field Descriptions (Loans) >
This event will automatically generate letters after the expiration date for disbursement types 20-28 and 40-49. A separate letter is created for each reserve disbursement item. Note: This event can also be manually requested within 75 days prior to the expiration date or any time after the expiration date.
Options:
•A report option is available which indicates how many days after the expiration date a letter will be automatically generated. If this option is not set, the letter will generate on the expiration date.
➢ FPS GOLD Only: Miscellaneous Parameters 9-10 stores the number of days after the expiration date to create the letter.
•Institution options RDEX and RDE2 are available to store the disbursement types for which the bank would like letters to be automatically generated. For example, if you only want letters for disbursement types 20-25 or 40-45.
Information used in the letters is pulled from Loans > Account Information > Escrow/Reserve > Escrow & Reserve Detail screen. This event must be requested through a work order.
Also see events 32, 39, and 51.
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: