MLA Mortgage Loan Audit Information
To specify audit information about the loan
Position
Element
Name
Type
Requirement
Min
Max
Repeat
Reference information as defined for a particular Transaction Set or as specified by the Reference Identification Qualifier
MLA01 contains the loan number.
Contract number
MLA02 is the contract number assigned by the tax service company for the requesting party.
Monetary amount
MLA03 contains the original amount of the mortgage loan.
Numeric value of quantity
MLA04 contains the original loan term in months.
Code identifying the classification of service
Code identifying the status of a business transaction, such as a claim, policy, real estate, or securities transaction
MLA06 contains the property legal description status.
Code identifying the reason for non-payment of the tax amount owed
Code identifying the reason for non-payment of the tax amount owed
Code identifying the reason for non-payment of the tax amount owed
Code identifying the reason for non-payment of the tax amount owed
Code identifying the reason for non-payment of the tax amount owed
Code identifying the reason for non-payment of the tax amount owed
Code identifying the reason for non-payment of the tax amount owed
Code identifying the reason for non-payment of the tax amount owed
Code specifying the Standard ISO code for country in whose currency the charges are specified
If the original amount of the mortgage loan defined in MLA03 is not in U.S.
dollars, then MLA08 will contain the identification of the currency used.