Mortgage Record Change

Mortgage Clause Change 026

026

Used to notify State Farm the lender’s name or address or both has changed. It is also used to notify State Farm that a mortgagee clause on an insurance policy is incorrect.

State Farm will correct the mortgagee clause if the lender on the policy matches the lender requesting the change.

266 Data Format Description
ISA*00*0000000000*00* *ZZ*123456789*ZZ*STFM   SF00014 *021115*0817*U*00401*000000010*1*P*>~ This is the envelope segment for the 266.
  • 000000010 is the unique number for this envelope
GS*MG*123456789*STFM SF00014*20021115*0817*10*X*00401X132~ This is the group segment for the 266.
  • 10 is the unique number for this group.
ST*266*00000010~ This is the transaction segment for the 266.
  • 00000010 is the unique number for this transaction.
BGN*00*1800*20031114******03~ This is the beginning segment for the 266.
  • 00 Original
  • 1800 a unique number of the sender.
N1*SJ*INSURANCE TRACKING CO*FI*123456789~ This is the sender of the 266.
  • LV Lender or SJ Service Provider
  • FI Federal Tax ID
  • 123456789 is the Tax ID of the sender
N1*IN*STATE FARM INS*FI*37053100~ This is the receiver of the 266.
  • IN Insurer or SQ Service Bureau
  • FI Federal Tax ID
  • 37053100 is the Tax ID of the receiver.
LX*1~ This is a separator. It separates the sender/receiver information from the buying and/or selling lender information. The number can increment.
N1*LV*A - ONE MORTGAGE*FI*123456789~N2*ITS SUCCESSORS AND/OR ASSIGNS~N3*PO BOX 11111~N4*ANYTOWN*CA*914100212**RJ*XX~ This series of segments (N1, N2, N3, N4) represents the exact mortgage clause that should be reflected on the insurance policy.
  • LV New Mortgage Clause
N1*SE*A - ONE MORTGAGE*FI*123456789~N2*ITS SUCCESSORS AND/OR ASSIGNS~N3*PO BOX 99999~N4*ANYTOWN*CA*914100212**RJ*XX~ This series of segments (N1, N2, N3, N4) represents the old mortgage clause that is being replaced.
  • SE Old Mortgage Clause
N9*LD*0000000001~ The N9 segment is the start of the insurance policy information.
  • LD Loan Number.
NM1*QP*1*RICHARDS, MARY*K~N3*9999 WOODVIEW LANE~N4*CHICO*CA*959267705~ This is the name and mailing address of the borrower (insured).
  • QP Borrower
REF*TV*HOME~ Valid policy types are:

HOME, PPTHO, PPUHO, FLOOD, COTHR, RDP, DFIRE, EQKP, FARM, BOAT, RCUP, PPMBH, PPCHO, PPART, BOP. The policy type will be returned in the 824 if corrected.
  • TV Line of Business
REF*IG*551252837~ The policy number will be returned in the 824 if corrected.
  • IG Policy Number.
REF*NF*25143~ The company code will be returned in the 824 if corrected.
  • 25143 SF Fire
  • 43419 SF Lloyds
  • 25151 SF General
  • 10739 SF Florida
API*A1**026~
  • 026 Mortgage Clause Change.
N3*9999 WOODVIEW LANE~N4*CHICO*CA*959267705~ This is the property address.
DTP*540*D8*20030115~ The policy expiration date will be returned in the 824 if corrected.
  • 540 Policy Expiration Date
REF*UA*1~ Valid loan types are 1, 2, or 3.
  • UA Mortgage Order
CRC*A1*Y*T5~ This segment identifies if a return Insurance Verification is needed.
  • Y No Insurance Verification
  • N Insurance Verification
PID*S*02*AD*MG~
  • MG Bill the Mortgagee
  • IN Bill the Insured
The next policy goes here by repeating the N9 - PID segments.
SE*27*00000010 SE01 is the number of segments. SE03 is the same number as ST02.
GE*1*10~ GE03 is the same number as GS06.
 IEA*1*000000010~ IEA02 is the same number as ISA12.