Bulletin ID
DLB - 98 - 30
| PublicationDate: 7/1/98 BulletinID: DLB - 98 - 30 July 1998 Direct Loan Bulletin 98-30 Subject: Processing Update for July 31, 1998, 732-LOS Files Dear Colleague: Direct Loan Bulletin 98-28 advised that you would receive both the July 31, 732-LOS (DIS497OP) and 732-LOS-C (DIS597OP and DIS697OP) files on Monday, August 3, 1998. However, due to system enhancements to the Loan Origination System, which will be implemented during the weekend of August 1, 1998, the 732-LOS and 732-LOS-C files will not be processed until Monday, August 3, 1998. You should receive both files by close of business on Tuesday, August 4. As a result of the system enhancements, the LOC will not be able to return acknowledgments for batches processed over the weekend, or on Monday, August 3, until Wednesday, August 5. All batches or data received between 8:01 PM EST, Friday, July 31, through 8:00 PM EST, Tuesday, August 4, will be processed on the evening of Tuesday, August 4. All acknowledgments for this data will be available on the morning of Wednesday, August 5. We appreciate your continued support of the Direct Loan Program and regret any inconvenience this temporary delay may cause your institution. Sincerely, Joe L. McCormick Chair Direct Loan Task Force |