Transcription of SFDMS REPORTING - HUD
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SFDMS REPORTING - HUD
HUD S NATIONAL SERVICING CENTER (NSC) SFDMS REPORTING TRAINING WEBINARS COMPANION DOCUMENT PRESENTED BY SFDMS SYSTEM OWNERS, REPORTING & ANALYTICS BRANCH 1, NSC 12/14/2016 C O N T EN T S DISCLAIMERS TO THIS WEBINAR TRAINING COMPANION DOCUMENT .. 3 REMINDERS ABOUT DEFAULT REPORTING .. 3 SFDMS SERVICER OF RECORD RESPONSIBILITIES .. 3 IMPACTS ON YOUR DELINQUENCY RATIO .. 3 WHEN AND WHAT YOU ARE REQUIRED TO 4 FATAL ERRORS VERSUS ILLOGICAL REPORTING AND REPORTING SEQUENCES .. 6 WHY FATAL ERRORS MATTER .. 7 PRE-ENDORSEMENT DELINQUENCIES .. 7 EDI INFORMATION .. 8 REPORTING IN FHA CONNECTION .. 12 ONGOING REPEATABLE CODES VERSUS ONE-TIME EVENTS .. 13 LAST IN WINS .. 13 SERVICING TRANSFERS .. 14 DELINQUENCY/DEFAULT REASON CODES (AKA REASON FOR DEFAULT, RFD, DDR CODES).
Dec 14, 2016 · R2 Bad FHA Case Number Occurs when you report something our system does not recognize as a valid, previously endorsed, and actively insured FHA Case number. R3 Bad Opening Status / Invalid Mortgage Status Occurs when there is no open default episode and you report something other than a status code 42. R4 Invalid Oldest Unpaid Installment Date
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