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Mortgagee Notification, Billing, and Payment 004010 X054

The Mortgage Coverage Notification, Billing, and Payment implementation guide describes the use of the X12 Consolidated Service Invoice\/Statement (811) transaction set and the Payment Order/Remittance Advice (820) transaction set for the following business usages: send billing and coverage information from insurance companies to mortgage institutions or their servicing agents; send payment information on premium billing to insurance companies. The 811 includes information that indicates whether the policy premiums are held in escrow by the mortgage company, or whether they are direct billed (non-escrow) to the customer. The 820 is used by mortgage companies for the payment information of those premiums that were held in escrow. The 820 may be enveloped in addenda records as an ACH (CTX) electronic payment transaction originated by the mortgage company to the insurance company's bank. Or, it may be used as and EDI remittance transmission from the mortgage company to the insurance company, with the funds to be settled separately. The basic data elements contained in the 811 and 820 conform to the requirements set forth by the Mortgage Bankers Association (MBA).

Intended trading partners include: mortgage companies, banks, insurance companies, servicing agents, and service bureaus.


  • Type:

    TR3

  • Industries:

    Health Care & Insurance , Finance

  • Intended Trading Partners:

    Intended trading partners include: mortgage companies, banks, insurance companies, servicing agents, and service bureaus.

  • Set ID:

    811/820

  • Version:

    004010

  • Maintained By:

    X12N

  • Publication Date:

    10/01/1998

  • Publication ID:

    X054

  • Resources:

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