Investor Remittance Wells Fargo/FHLB

This DNAapp will produce an Investor Remittance file that will be in the format specified by the Wells Fargo FHLB/MPF (Federal Home Loan Bank - Mortgage Partnership Finance® Program) format. The file created will be comma delimited with dates formatted as "MM/DD/YYYY". There will be one row in the file for each loan sold or closed. The output file generated can then be loaded directly into Microsoft Excel.

This program requires the DNA® Investor Sold Loans module be installed and used. This program can be run from the Investor Loan Program File Create screen. In addition the program can either generate a data file or a printout.

The file generated by this application will be in the Wells Fargo FHLB/MPF CSV Standard File Layout. Note that only the fields used in the ASCII layout will be populated (see File Layout section for more details).

Benefits

This application will automate the creation of the investor remittance file for FHLB loans sold to Wells Fargo. This will allow the financial institution to submit the file in a timely and accurate manner.