LV Loan Verification

To identify the specific confirmation and exception codes for loan verification

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Position
Element
Name
Type
Requirement
Min
Max
Repeat
LV-01
Assigned Number
Numeric (N0)
Mandatory
1
6
-
Number assigned for differentiation within a transaction set
LV01 is a sequence number.
LV-02
Loan Verification Code
Identifier (ID)
Mandatory
1
2
-
Code indicating the loan verification confirmation or exception reason
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