Error when submitting to L P

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Error when submitting to L P

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Michael J Bushard

Posted 8/29/2005 9:33:17 AM

Forum Newbie

Group: Forum Members
Last Login: 8/29/2005 11:39:45 AM
Posts: 1, Visits: 2

After up dating to 5.1 I now receive an error when submitting to L P. The error reads:

The file format of the import file is invalid. Please verify and try again.

I have my seller and TPO in place. This error appears even when I am trying to submit to the AUS and not to any other party.

Post #362

Bryan Telford

Posted 8/29/2005 5:55:22 PM

Supreme Being

Group: Moderators
Last Login: 12/21/2008 11:16:31 PM
Posts: 837, Visits: 1,901

1. When you click "Send Loan to LP", make sure you have at least "AUS" checked for Transaction Request Type. I have seen the invalid file format happen when, for example, I selected "Merged Credit", but unchecked "AUS" from the request type

2. Does the borrower have a first and a second mortgage? Go to Loan Application, Page 2 and delete the first and second mortgage liabilities and re-enter them. Then go to Freddie Mac > Addendum and match the REO to the 1st and 2nd mortgage liabilities.

Bryan
Point Product Manager

Post #372

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