Field

Description

Company/Code Number

Mnemonic: IGCC#

Use this field to indicate the institution-defined company or code number that will appear on Wiring Instructions.

Number of Loans in Group

Mnemonic: IGCNT

This field displays the total number of loans in the investor group. This information is used in the Investor Single Debit Report.

Security Balance

Mnemonic: IGSBL

This field displays the remaining balance of the mortgage-backed bond secured by the investor group.

Curtailment Minimum

Mnemonic: IGCMN

Use this field to indicate the minimum acceptable curtailment amount. Leaving this field blank indicates that curtailments of any amount will be accepted. If a negative amount is entered in this field, no curtailments are accepted. If a curtailment is less than the value entered in this field, the system will reject the payment and display the message, “CURTAILMENT RECEIVED WAS LESS THAN THE LN INVESTOR CURTAILMENT MINIMUM, THE TRANSACTION MUST BE PROCESSED MANUALLY” on the Afterhours Processing Exceptions Listing.

The data in this field transfers to the Loans > Investor Reporting > Loan Investor Fields screen when a loan is sold to an investor.

Days to Remit Payoff

Mnemonic: IGDPO

Use this field to indicate the number of days within which the investor requires the remission of funds received from a loan payoff.

Password

Mnemonic: IGPAS

Use this field to indicate the password, if any, that is required to identify your institution to the investor in order to transfer money. This field is for information purposes only.

Investor Record Changed field group

Mnemonic: IGDLF, IGFBY

This field group displays the most recent date file maintenance was performed for the investor group as well as the name and employee ID number of the person who performed the file maintenance.