MHFA Remittance File image

MHFA Remittance File

By COCC

This DNAapp is designed for Massachussetts institutions to product an extract file that can be sent to the Massachussetts Housing Finance Authority, along with a report that summarizes the information on the extract file.

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Meta information

Platform

DNA

The main purpose of this non-database-updating, monthly DNAapp is to produce a remittance extract file that can be transmitted to Massachussetts Housing Finance Authority (MHFA) for remittance reporting on cutoff day.

A report is also generated that provides a summary of the information on the extract file. This application assists institutions in reviewing the information being sent to MHFA. While other investor reports provide information about loans sold to MHFA, this is the only program capable of producing a file to be sent directly to MHFA. This DNAapp is something just for institutions in Massachussetts.

 

Benefits

  • On cutoff day, this application captures all information required by Massachusetts Housing Finance Authority for remittance reporting
  • Provides both a report and extract file
  • When run in updating mode, the extract file can be sent directly to MHFA (contact MHFA for authority)

App Information

Version
1.0.0.0 - Published August 2011
Developer Website

Specs

DNAapp Type: Batch Application/Extract/Report

Developed with DNAcreator™

DNAX File Name:MHFA Remittance File.dnax