GNMA RFS Export and GNMA Loan Level Data Report Identify All Loan Types as RHS Even Though They Are VA or FHA Loans

GNMA RFS Export and GNMA Loan Level Data Report Identify All Loan Types as RHS Even Though They Are VA or FHA Loans

The GNMA RFS Issuers Monthly Reporting Export and the GNMA Loan Level Data Report list loan types as RHS, even though the loans are correctly set up as VA or FHA loans.

Workaround:

Select the appropriate option in the Guaranty Loan Type field in the Guaranty screen. This is the selection that will determine the Loan Type reported in the GNMA RFS Export and on the Loan Level Data Report.
Note: If you have set up this field as N/A (default setting), it will report as a Loan Type of RHS, even on a VA or FHA loan.

ArticleNumber:

000066790