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TS 264 in X12 Version 003032 with 8Digit DatesIMPLEMENTATION GUIDETransaction Set 264 Mortgage Loan Default Status Transaction set (TS) 264 is used for the submission and processing of mortgage loan
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The EDI 264 mortgage loan is an electronic data interchange transaction set used to request loan information from a mortgage servicer.
Lenders or servicers who need to obtain loan information from a mortgage servicer are required to file EDI 264 mortgage loan.
To fill out EDI 264 mortgage loan, lenders or servicers must follow the specific data requirements outlined in the transaction set and submit the request electronically.
The purpose of EDI 264 mortgage loan is to obtain timely and accurate loan information from mortgage servicers for various purposes such as mortgage refinancing, loan modifications, or servicing transfers.
The information reported on EDI 264 mortgage loan typically includes borrower's name, loan number, property address, current loan balance, and other relevant loan details.
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