Appendix A - Merge Field Descriptions (Loans)

This letter is generated when a loan is sold to allow you to inform all associated with the loan that it was sold. Information found on the Loans > Payee Information screen can be used with this event letter. This event can be created with information regarding the company that reserve disbursements are sent to. This event creates multiple letters; e.g., if you have three insurance companies set up, you will receive three separate letters. Institution option T EV29 will stop letters from being created for disbursement types 10 through 19 (taxes). If you would like this option, submit a work order. This letter must be ordered manually.

Example Event 29 Letter

Merge Field	Field Mnemonic/ Calculation	Description
AMOUNT TO BE DISBURSED	RDAMNT	Amount that will be disbursed on the reserve
COMPANY ADDRESS 1	CAADD1	Payee address line 1
COMPANY ADDRESS 2	CAADD2	Payee address line 2
COMPANY ADDRESS 3	CAADD3	Payee address line 3
COMPANY CITY STATE ZIP	CACITY, CASTAT, CAZIPC	Payee’s city, state, and ZIP
COMPANY CONTACT	CACONT	Contact for the payee
COMPANY NAME	CANAME	Payee’s name
COMPANY NUMBER	RDCONO	Number assigned to payee information
COMPANY PHONE NUMBER	CAPHNE	Payee’s phone number
DISBURSE EXPIRATION DATE	RDSEXP	Reserve disbursement expiration date
INVESTOR ADDRESS 1	IMA11	Investor address 1
INVESTOR ADDRESS 2	IMA12	Investor address 2
INVESTOR ADDRESS 3	IMA13	Investor address 3
INVESTOR ADDRESS 4	IMA14	Investor address 4
INVESTOR ADDRESS 5	IMA15	Investor address 5
POLICY COVERAGE AMOUNT	RDPCVR	Amount of the policy or coverage on the property
POLICY NUMBER	RDPLCY	Insurance policy number

Event 29, Loan Sold

Event 29, Loan Sold