What is an EDI 203 Secondary Mortgage Market Investor Report?

EDI 203 is an electronic document containing information about Secondary Mortgage Market Investor Report.

This EDI document is used for the following purposes:

• To transfer mortgage servicing information
• To report mortgage servicing information

The data contents and format of EDI 203 Secondary Mortgage Market Investor Report are used for the electronic interchange of information. It is divided into various segments and data elements.

Workflow for the Exchange of an EDI 203 Secondary Mortgage Market Investor Report

EDI 203 falls under the category of X12F Finance transaction sets. This EDI document is used to exchange mortgage servicing information and is used by mortgage service bureaus, mortgage servicing institutions, and organizations partaking in the secondary mortgage markets.

Stay EDI Compliant with EDIConnect

With a built-in EDI parser, validator, and transaction builder, EDIConnect can handle transaction sets in X12 and EDIFACT formats. This helps businesses easily exchange EDI documents with their trading partners, allowing them to stay EDI compliant. Using EDIConnect, users can automate file uploads and downloads, create workflows, and transform files into the required format to streamline the process.