Mortgage Record Change

Servicer Change 101

101

Used for subservicing agreements to notify State Farm that all notices for insurance policies with the included mortgagee clause should be redirected to a new servicing location but, the mortgage clause should not be changed on the insurance policy.

State Farm will redirect all electronic notices for the identified mortgagee clause (LV) to the servicing mortgagee clause (SE).

266 Data Format Description
ISA*00*0000000000*00* *ZZ*123456789*ZZ*STFM SF00014 *041115*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 *20041115*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*20041114******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, and N4) represents the actual mortgage clause that is being rerouted.
  • LV Actual Mortgage Clause
N1*SE*A-TWO 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, and N4) represents the subservicer’s mortgagee clause that will be accepting the insurance documents.
  • SE Subservicer
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**101~
  • 101 Servicer Change
N3*9999 WOODVIEW LANE~N4*CHICO*CA*959267705~
  • This is the property address.
DTP*540*D8*20040115~
  • 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.