| PublicationDate: 8/23/96 Summary: Reconciliation Status Codes Author: DLTF - Direct Loan Task Force To: Direct Loan Destination Points From: DL Technical Reference Customer Service Date: 8/23/96 Re: Reconciliation Status Codes There are three Reconciliation Status codes which can be returned by the Direct Loan Origination Center (DLOC) on reconciliation records. These are: A = Accepted L = Accepted, Not Applied (Loan Detail only) R = Rejected EDExpress translates A, and L to A = (A)ccepted; and R to E = (E)rror. If the DLOC returns a Reconciliation Status code of R, the record will contain up to 3 reconciliation reject reasons to explain why the record was rejected. If the DLOC receives a duplicate cash detail record which was previously reconciled, a status code of 'A' will be returned with a "reject code" of 'U'. EDExpress treats this 'AU' as an accepted record by updating the Reconciliation Status to 'A' and ignoring the 'U' on the import edit report. The reject reasons can be found in the Direct Loan Technical Reference Custom Layouts/Dictionary section, page 40 (immediately after the Loan Detail Reconciliation record layout). The definition for the reconciliation status codes can be found in the Direct Loan Technical Reference Custom Layouts/Dictionary section, under the Reconciliation Status/Reject Codes entry (page 64). This entry contains 'U' as a valid status code; however, this is incorrect. The only valid status codes are A, L, and R. This will be corrected in the next update to the technical reference. 'U' is a considered a "reject code" even though it indicates a duplicate accepted cash detail record. If you have questions on the information contained in the Direct Loan Technical Reference, please call Direct Loan Technical Reference Support at 1-800-330-5947, option 8, then option 2. If you have questions on why the DLOC returned a particular code on a record, please contact them at 1-800-848-0978. |