Announcing a Public Review Period for the 266/824, Mortgage Record Change Notification (004010X319)
The ASC X12 Mortgage Record Change Notification (266/824) Implementation Guide (004010X319) is now available for public review. This guide has been developed by ASC X12's Insurance Subcommittee. Following this review period, ASC X12 will conduct a corresponding Informational Forum. The Informational Forum is the final opportunity for discussion of public review comments and resulting revisions.
The Mortgage Record Change Notification Implementation Guide describes the use of the ANSI ASC X12 Mortgage Record Change (266) transaction set and the ANSI ASC X12 Application Advice (824) transaction set for the following business usages:
- Notification of mortgage record changes to financial interest entities
- Notification of mortgage record change errors
The guide is based on version 004010 of the ASC X12 family of standards.
The public review will commence March 16, 2016 and will close on April 15, 2016 at 5:00 PM Pacific Time.
ASC X12 will consider all comments following the public review period. Official responses will be posted to the on-line conference at least 15 days prior to the corresponding Informational Forum. The posted response is not necessarily the final determination as discussion in the Informational Forum may result in revisions to the posted response. This on-line conference is not updated based on discussion or decisions related to the Informational Forum.
This is the only public review period. Interested parties should monitor the on-line conference during the public review period and prior to the Informational Forum, which is the final opportunity for comment on the draft TR3.
Watch for the announcement of the corresponding Informational Forum.
The draft implementation guide is available for download at: http://forums.x12.org. The draft is provided for the purpose of the public review and cannot be used for any other purpose without permission from ASC X12.
Comments on the draft instructions can be submitted via the on-line conference at: http://forums.x12.org