EDI 260 Mapping Specifications for the Application For Mortgage Insurance Benefits Format


AgencySet IDFGTransaction DescriptionSubcommitteeStandard
ANSI260MGApplication For Mortgage Insurance Benefits FinanceDownload

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Official Definition:
Data contents of the Application for Mortgage Insurance Benefits Transaction Set (260) for use within the context of an Electronic Data Interchange (EDI) environment. This transaction set can be used by mortgage lenders to file claims with both government agencies and private mortgage insurers in the event that defaults or foreclosure activity allow for the collection of a third-party guarantee/insurance benefit. The information in a standard format will allow all mortgage insurance claim payments to be requested similarly, whether they be to an investor, insurer, or guarantor.


All EDI 260 Mapping Guides and Specs


Solutions:
Are you looking to trade the EDI 260 transaction with one of your trading partners? Do you need an EDI VAN Savings solution to exchange the 260? Or perhaps you would like to use a Cloud-Based application, so you can plug your 260 transaction directly into your ERP and TMS systems. Even small companies have the ability to trade the 260 using an EDI Web Browser solution.



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