You may find that the GNMA RFS Issuers Monthly Reporting Export is rejected by your vendor because the Loan Count in the Trailer Record does not match the total number of L Records in the Export File
Environment:
GNMA RFS Issuers Monthly Reporting ExportWorkaround:
One cause of this problem may be that there are some loans that have "Sold" Loan Cutoff records in addition to the normal ones.
This should not ever happen unless loans are being transferred back and forth between investors or pools without actually being sold.
When loans are transferred from one pool to another, the assumption will be they shouldn't be reporting in both pools, but should only be reporting in the pool for the normal records.
If you transfer loans in this way, and there is no actual investor sale, then you should delete the "Sold" (RecordType = 2) records.
Then when you run the GNMA RFS Issuers Monthly Reporting Export, the loan count in the trailer record should match the total number of L records in the file.
If you need assistance in locating the loans that you need to review, to see where they should be reporting, please open a support case in Case management, and refer to this knowledge article.
ArticleNumber:
000060800