The EDI 263 Residential Mortgage Insurance Application Response Transaction Set


AgencySet IDFGTransaction DescriptionSubcommitteeStandard
ANSI263MEResidential Mortgage Insurance Application Response FinanceDownload


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Official Definition:
Data contents of the Residential Mortgage Insurance Application Response Transaction Set (263) for use within the context of an Electronic Data Interchange (EDI) environment. This standard is used by a mortgage insurance company to communicate the receipt and disposition of a Residential Mortgage Insurance Application Transaction Set (872). It will be used to provide the mortgage originator with the results of the insurance application and, if accepted, will provide basic information about the insurance coverage. It can also be used to confirm certification of coverage. It is not intended to replace the legal commitment (Certificate of Coverage of Insurance) which will continue to be delivered in its current form.

Research and Development:
Jobisez LLC has a facility to translate the EDI 263 (Residential Mortgage Insurance Application Response) document type. If you are researching the 263s, you can view other trading partner guidelines. You can also gain knowledge by researching all EDI document types. Jobisez LLC can also provide assistance if you need additional help.

Solutions:
Are you looking to trade the EDI 263 transaction with one of your trading partners? Do you need an EDI VAN Savings solution to exchange the 263? Or perhaps you would like to use a Cloud-Based application, so you can plug your 263 transaction directly into your ERP and TMS systems. Even small companies have the ability to trade the 263 using an EDI Web Browser solution.


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