Finastra Billing Statement Export - CFPB/DFA Compliant Servicing Director Release 13.2 Layout File and Sample File is now available upon request

Finastra Billing Statement Export - CFPB/DFA Compliant Servicing Director Release 13.2 Layout File and Sample File is now available upon request

In Servicing Director release 13.2, the Finastra Billing Statement Export has been updated to meet CFPB/DFA Compliance requirements.

If you would like to share the layout file and sample file for this export with your statement vendor, you may request these files by opening a support case online through Case Management.

 

Here is some additional information about the new export.

  • The new export includes fields for both the original Monthly Billing Statement as well as the new Periodic Billing Statement, should you use both of these statements to meet your needs.  The indicator at Position 410 of the A record indicates which statement type should be produced for the specific loan. 
  • We have added two new record types, the E Record and the F Record, which are used only for the new Periodic Billing Statement. 
  • Throughout the layout document, we have highlighted new fields. 
  • The sample data file contains one loan for which the Monthly Billing Statement should be produced and two loans for which the Periodic Billing Statement should.

Environment:

Finastra Billing Statement Export

ArticleNumber:

000054799