ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account...
Transcript of ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account...
![Page 1: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/1.jpg)
ESR: Monthly Reporting with EDIX12 Files
SFH Guarantee Loan Program
![Page 2: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/2.jpg)
ESR EDI Submission
Topics: • Log into ESR
• Submit and Review Monthly Status Reports
• Submit and Review Monthly Default Reports
![Page 3: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/3.jpg)
ESR EDI Submission
ESR: USDA LINC https://usdalinc.sc.egov.usda.gov/
![Page 4: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/4.jpg)
ESR EDI Submission
![Page 5: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/5.jpg)
ESR EDI Submission
Log in with e‐Authentication • Level Two account required
![Page 6: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/6.jpg)
ESR EDI Submission
Successful Login
![Page 7: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/7.jpg)
ESR EDI Submission
Reporting Options 1. Web Reporting: Manual entry of loan status and default reports
2. Electronic Data Interchange (EDI) X12 files (batch file submission)
![Page 8: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/8.jpg)
ESR EDI Submission
Reporting Window Investor Status and Default Status Reports
• Due by the 6th business day, 7pm CST
• No changes or updates allowed until the next month report
• Rejected/Error Corrections: Begin 13th business day – end of calendar month
![Page 9: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/9.jpg)
ESR EDI Submission
Menu Options• EDI Reporting • Web Reporting
![Page 10: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/10.jpg)
ESR EDI Submission
EDI Status ReportingMonthly Status• Entire Portfolio• Every Month
Reporting Cycle: • 1st day of the month thru
6th Government 6thbusiness day, 7pm CST
![Page 11: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/11.jpg)
ESR EDI Submission
Menu OptionsEDI Reporting• Send X12 File • Retrieve 997 File
![Page 12: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/12.jpg)
ESR EDI Submission
Send X12 File 1. Browse to locate file2. File name will
populate data field3. Submit Transmission
![Page 13: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/13.jpg)
ESR EDI Submission
Send X12 File • Please wait: Processing
![Page 14: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/14.jpg)
ESR EDI Submission
Confirmation of X12 File • Success• Name of file • Size of file • New name of file • Date of file • Receipt may be printed
![Page 15: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/15.jpg)
ESR EDI Submission
Retrieve TS 997 File • Select Download to view• Available within one hour of
submission
![Page 16: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/16.jpg)
ESR EDI Submission
TS 997: Decipher the Codes A: Accepted (AKXXX) E: Accepted, errors noted R: Rejected
Appendix D: Adjunct Transaction SetEDI Implementation Guide
![Page 17: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/17.jpg)
ESR EDI Submission
TS 997: Error Codes Detected • Incorrect Data Type• Missing required information• Unrecognized ID code• Unrecognized segment identifier• Incorrect segment codes• Incorrect control codes• Incorrect numbers
![Page 18: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/18.jpg)
ESR EDI Submission
Reporting Tips Create Investor Status and Default Status X12 files at the same time• Avoids generating conflicts and data errors• Keeps data in sync
![Page 19: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/19.jpg)
ESR EDI Submission
Reporting TipsMultiple Default Codes• Report based on “Status of Mortgage” Date
• Open new events with code 42 • Report all applicable codes • Most recent code reported on TS 264 will be final default status
![Page 20: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/20.jpg)
ESR EDI Submission
Reporting TipsMultiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42 • Natural disaster hits, dwelling/employment impacted: code 34 • Borrower approved for promise to pay: code 11
Status report will reflect 11 42 and 34 will continue to be reflected in loan history
![Page 21: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/21.jpg)
ESR EDI Submission
Reporting TipsMultiple Default CodesReport all codes on the same TS 264 • Same borrower on multiple TS 264’s = last TS 264 received is processed
![Page 22: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/22.jpg)
ESR EDI Submission
Reporting TipsMultiple TS 264 Example • 1st TS 264: Borrower A: code 42 • 2nd TS 264: Borrower A: code 34 • 3rd TS 264: Borrower A: code 42
The 3rd TS 264 will be the only retained code for Borrower A
![Page 23: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/23.jpg)
ESR EDI Submission
Reporting Window REMINDER Investor Status and Default Status Reports
• Open the 1st of the month ‐ 6th business day, 7pm CST
• No changes or updates allowed until the next month report
• Rejected/Error Corrections: Begin 13th business day – end of calendar month
![Page 24: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/24.jpg)
ESR Resources
USDA LINC https://www.rd.usda.gov/programs‐services/lenders/usda‐linc‐training‐resource‐library
Updated As Needed!
![Page 25: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/25.jpg)
ESR Resources
ESR User Guide Coming Soon!
![Page 26: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/26.jpg)
ESR Resources
ESR Help
![Page 27: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/27.jpg)
![Page 28: ESR EDI Reporting · ESR EDI Submission Reporting Tips Multiple Default Codes: Example • Account is a minimum of 30 days delinquent: code 42](https://reader036.fdocuments.in/reader036/viewer/2022062507/5fd5e32c83031476105f9005/html5/thumbnails/28.jpg)