Import Loan File Specification: Best Efforts and SET Execution April 2016
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- Bartholomew Hancock
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1 Impt Loan File Specification: Best Effts and SET Execution April 2016 You may impt loans into the Pricing & Execution Whole Loan (PE Whole Loan) application by first creating a comma-delimited (.csv) file to hold up to 200 loans and then by using the Impt Loan Data feature of PE - Whole Loan to bring the loans into the application f your best effts and SET committing. The impt file fmat must confm to the following layout: 1. The first row of the.csv file must have Transaction Type and Impt Loans in the first two columns. 2. The second row must have Version Number of the Impt File, V4.0 as the version of the impt loan file, and FannieMae in the first three columns. 3. The third row must have every header as specified in the field position table below. Every subsequent row shall contain a single recd of loan data with values in each column that match the header fields (fields that do not contain data should be left blank). te: The system will update all brower and property infmation directly from Desktop Underwriter (DU ) f loans underwritten in DU pri to committing Fannie Mae. Trademarks of Fannie Mae. April
2 Field Position Field Future 1 Underwriting Method Loan Data Impt File Specifications Field Fmat Allowable Values Required Field te Data Max Data Fmat Other DU Type Data Length String Desktop Underwriter Other 2 Casefile ID String 10 DU- Must be a valid DU Casefile ID Other - Field shall be blank f the initial impt must be valid if updating the Eligible Loan pipeline 3 Seller Unique ID String 15 Seller Unique ID 4 Product String Must be a valid product name from Pricing & Execution Whole Loan. 5 Gross te Rate Number Z.ZZZ 1.0 to 20.0 Gross te Rate 6 Gross Margin Number Z.ZZZ Required f ARMs Product only 7 Loan Amount Number 8 Execution Type String Best Effts Mandaty If Execution type is Mandaty, then Servicing Type must be 9 Commitment Expiration Date Date MM/DD/YYYY 10 Remittance Type String Actual/Actual Scheduled/Scheduled 11 Servicing Type String Retained 2016 Fannie Mae. Trademarks of Fannie Mae. April
3 12 Escrows Collected Boolean / Required if Servicing Type is 13 Escrow Amount Number ZZZZZZ.ZZ Required if Escrows Collected is 14 Allow Cross-Sell Boolean / Required if Servicing Type is 15 Bifurcation Structure String N/A SET Bifurcation 16 Master String 7 Agreement Number 17 Purchase Number ZZZZZZZZZ.ZZ Price/Appraised Value 18 Subdinate Number ZZZZZZZZZ.ZZ Financing 19 Credit Sce Integer 3 ZZZ 20 Brower 1 First String Brower 1 22 Brower 1 Last String Brower 1 Suffix 24 Brower 1 SSN Integer 9 ZZZZZZZZZ 25 Brower 2 First 26 Brower 2 Required if Servicing Type is and Seller is SET Bifurcated enabled 2016 Fannie Mae. Trademarks of Fannie Mae. April
4 27 Brower 2 Last 28 Brower 2 Suffix 29 Brower 2 SSN Integer 9 ZZZZZZZZZ 30 Brower 3 First 31 Brower 3 32 Brower 3 Last 33 Brower 3 Suffix 34 Brower 3 SSN Integer 9 ZZZZZZZZZ 35 Brower 4 First 36 Brower 4 37 Brower 4 Last 38 Brower 4 Suffix 39 Brower 4 SSN Integer 9 ZZZZZZZZZ 40 Street Address String City String State String 2 ZZ 2016 Fannie Mae. Trademarks of Fannie Mae. April
5 43 Zip Code String 5 0r 9 ZZZZZ ZZZZZ-ZZZZ 44 Property Type String Detached, Attached, Condominium, Planned Unit Development, Cooperative, Other, High Rise Condo, Manufactured Housing, Detached Condo, Manufactured Home/Condominium/PUD/Coop 45 Occupancy Type String Primary Residence, Secondary Residence, Investment Property 46 Loan Purpose String Purchase, Refinance, Construction, Other, Construction to Permanent 47 Number of Units Integer Z 1,2, Loan Closed Boolean / Required if Servicing Type is and Execution Type is Mandaty 49 Loan Closing Date Date MM/DD/YYYY Required if Loan Closed is 2016 Fannie Mae. Trademarks of Fannie Mae. April
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