IRS Reporting
The IRS Reporting tab is used to store the login information used to dial-up the IRP-BBS, the
bulletin board used for submitting IRS data electronically. The install program sets the default phone
number. If you have never transmitted data electronically to the IRP-BBS, you will need to use the
Manual Dial-Up feature of EDI-Plus to establish a First Name, Last Name and Password with the IRP-BBS.
In the set up session you will identify your company, by name, TCC Code, Taxpayer Identification, etc.
This will be explained in the how to use IRS Reporting section of this manual.
Report Wizard
The Report Wizard provides you the power to view or print any stored report. These are reports
that have been EDI enabled in the MTK software.
Graphics Wizard
The Graphics Wizard feature is used to produce reports. Output can be printed, saved to a diskette,
or saved to a specified directory as a .bmp or .wmf file, or copied to the Windows Clipboard.
MC OFFICE Software Web Site
MC OFFICE Software Web page provides you with direct, electronic access to Mortgage Computer's
Web site. From the home page you have access to all Mortgage Computer has to offer in the way of on-line
assistance. Click on to learn more about additional items Mortgage Computer has to offer. Click on
to see the most current and up-to-date manual documentation available. Click on and e-mail questions
directly to our Service Support Department. Click on and e-mail questions directly to our System Support
Department. As you become familiar with our Web site, it will prove an invaluable tool.
RapidApp
RapidApp, an MC OFFICE Software package, is to take the 1003 application on a laptop and transfer
the data to the Mortgage Banker package. This option will do this automatically for you.
MORNET
MORNET Manager is Fannie Mae's PC software for selling and serving loans.
MIDANET
MIDANET is Freddie Mac's PC software for selling and servicing loans.
HMDA
HMDA in EDI is the Federal Reserve PC software available to computer verify the file prior to
submitting your HMDA information.
Desktop Underwriter
Desktop Underwriter is Fannie Mae's Automated Underwriting Engine. After a request file is created
in Mortgage Banker CREATE REQUEST FILE (01.07.12), EDI-Plus will:
- Retrieve the request file.
- Submit it to Desktop Underwriter.
- Wait for a response to come back from Desktop Underwriter.
- Send the feedback data to the host where this data is printed and uploaded into the Master Record.
Flood Data
EDI-Plus currently interfaces with First American Flood Data Services and TransUnion. As customers
request additional interfaces, they will be added as long as the new companies will accept the interface
files that are currently defined.
IRS Reporting
IRS Reporting is to submit the data to the IRS electronically for the required year end reports
e.g., 1098 and 1099 from MC OFFICE Software.
All EDI Report Files
Various reports that have been EDI enabled from the MC OFFICE Software package.
File Generator Reports
Files that have been created by the File Generator program in the MTK package (06.16).
Data Manager Reports
- Data Manager Reports that have been created by the various MC OFFICE Software packages and
printed to a file with the extension ".rpt" as the last part of the file name.
- Utah Housing 493
Used by companies reporting Loan Servicing cutoff data to Utah Housing.
- Utah Housing 494
Used by companies reporting Loan Servicing cutoff data to Utah Housing.
- Utah Housing
Used by companies reporting Loan Servicing cutoff data to Utah Housing.
GinnieNET
When selling loans in a Ginnie Mae pool, the ability to use the GinnieNET software is now available.
The Pool Disbursement program (04.13.04.18), generates a file for importing the information to GinnieNET
software.
1003 IN
MC's Mortgage Banker package will receive files in this EDI-Plus option from other software for
the 1003 Loan Application. The file format is the same used by FNMA's Desktop Underwriter for import
or export. Loans will be accepted and assigned a loan number in MC's Mortgage Banker package using
RECEIVE 1003 LOAN APP (01.04.09).
HUD-MIP
HUD requires the billing and response files to be downloaded from their web page. These files
are for Loan Servicing Escrow Type 3 Mortgage Insurance premiums.
Risk Profiler
This option is behavioral scoring model for Fannie Mae, used by Loan Servicing package in REQUEST
and RECEIVE (03.13.26.16 - 17).
GinnieMae
GinnieMae requires the loan level reporting be sent electronically over their BBS. The Pool Disbursement
program (04.13.04.15) generates a file to be sent.
eMagic
eMagic is a quick and convenient way to send loans to MGIC over the Internet for MGIC Mortgage
Insurance and Contract Services. The Mortgage Banker program generates a file to be sent.
Calyx Point for Windows
MC's Mortgage Banker package will receive files in this EDI-Plus option from Calyx® POINT®
for the 1003 Loan Application. Loans will be accepted and assigned a loan number in MC's Mortgage
Banker package using RECEIVE 1003 LOAN APP (01.04.09).
Fax Payoff Quote
This option is used to fax a loan payoff quote from MC's Loan Servicing package (03.11) one at
a time as they are requested. The fax software must be loaded on your PC prior to using this option. |