This Draft Standard for Trial Use contains the format and establishes the data contents of the Mortgage Credit Report Order Transaction Set (833) for use within the context of an Electronic Data Interchange (EDI) environment.
This transaction set can be used by a mortgage originator to request, track, and cancel a series of value-added, investigative credit reports which are typically required in mortgage lending. It is a collection of borrower information that is needed to order a mortgage credit report.
To indicate the start of a transaction set and to assign a control number
To indicate the beginning of a transaction set
To identify a party by type of organization, name, and code
To specify additional names or those longer than 35 characters in length
To specify identifying information
To identify a person or office to whom administrative communications should be directed
To specify the geographic place of the named party
To specify the location of the named party
To provide attributes of the credit report
To specify identifying information
To identify a person or office to whom administrative communications should be directed
To transmit information in a free-form format for comment or special instruction
To describe the characteristics of a mortgage requested by the applicant(s)
To specify any or all of a date, a time, or a time period
To identify a party by type of organization, name, and code
To specify additional names or those longer than 35 characters in length
To specify the location of the named party
To specify the geographic place of the named party
To specify identifying information
To identify a person or office to whom administrative communications should be directed
To identify the type and transmission of paperwork or supporting information
To define the attributes of a property or an entity
To define types and values for geographic location of real estate property
To specify any or all of a date, a time, or a time period
To specify quantity information
To reference a line number in a transaction set
To specify identifying information
To identify a person or office to whom administrative communications should be directed
To provide type and amount of income obtained
To provide details of personal property
To name the income pursuant to a civil action (judgement, child support, etc.)
To provide law suit, outstanding judgement, tax lien or foreclosure status
To identify and answer yes and no questions, including the date, time, and comments further qualifying the condition
To specify any or all of a date, a time, or a time period
To specify quantity information
To indicate the total monetary amount
To provide a free-form format that allows the transmission of text information
To provide a description of real estate or general property information
Defines nature of participation in financial account
To indicate the total monetary amount
To define the attributes of a property or an entity
To define types and values for geographic location of real estate property
To provide identification of an individual or entity
To sequence individual name components for maximum specificity
To supply demographic information
To indicate line item quantity, description, marks and numbers, commodity code, weight, and customs value
To specify account information
To define the attributes of a property or an entity
To define types and values for geographic location of real estate property
To provide type of residency
To specify any or all of a date, a time, or a time period
To indicate line item quantity, description, marks and numbers, commodity code, weight, and customs value
To identify a party by type of organization, name, and code
To specify additional names or those longer than 35 characters in length
To specify the location of the named party
To specify the geographic place of the named party
To specify identifying information
To identify a person or office to whom administrative communications should be directed
To provide employment specifics
To specify any or all of a date, a time, or a time period
To specify quantity information
To describe employment position
To specify any or all of a date, a time, or a time period
To specify quantity information
To provide type and amount of income obtained
To provide duration or amount of financial assets
To specify any or all of a date, a time, or a time period
To provide type and amount of income obtained
To provide identification of an individual or entity
To sequence individual name components for maximum specificity
Defines nature of participation in financial account
To provide duration or amount of consumer credit account
To specify any or all of a date, a time, or a time period
To provide details of personal property
To provide identification of an individual or entity
To sequence individual name components for maximum specificity
Defines nature of participation in financial account
To indicate the end of the transaction set and provide the count of the transmitted segments (including the beginning (ST) and ending (SE) segments)
