EDI 260 Application For Mortgage Insurance Benefits Document Solutions

AgencySet IDFGTransaction DescriptionSubcommittee
ANSI260MGApplication For Mortgage Insurance Benefits Finance

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Research and Development:
The Jobisez.com site has an online translation tool that converts the EDI 260 (Application For Mortgage Insurance Benefits) document into a CSV file. If you are researching the 260s, you can view other trading partner's mapping specifications. You can also gain knowledge by researching all EDI document types. Jobisez LLC can also provide assistance if you need additional help.

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 EDI 260 by using the EDI Mobile Device solution.

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.

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