Client Bulletin: May 20, 2022
Update: New Loans Interface EditsWe have recently updated our New Loans Interface (XML) requirements to include several edits. Beginning on June 13, 2022, Cenlar has added the following new edits to loans boarded into the system: Missing PMI Primary Coverage Percent, Invalid PMI Guarantee Number and Invalid Bill Code. If the required data is missing, you will see a field displayed as a Warning. On August 15, 2022, if the data requirements for Missing PMI Primary Coverage Percent, Invalid PMI Guarantee Number and Invalid PMI Bill Code have not been corrected and submitted properly into the system, you will receive a field displaying Reject. Please take note of these edits as any loans submitted without the necessary data will not be accepted into the system and you will be notified is has been Rejected.
|