Data partnership funded loan requirements

Modified on Mon, Apr 14 at 7:05 PM

Lenders are required to share anonymized loan application data in order to better assess and improve operations in partnership with Blend. This data is used by Blend's Product, Data, and Customer Success teams to increase the overall value of your Blend implementation by identifying the greatest opportunities for improvement and defining strategies to implement.

 

tip_5.png Note: You must provide Blend with the following higher fidelity data export to engage these services.

 

Additional report data

The following information should be furnished for all RESPA apps with activity within the reporting period:

 Field                   Type              Description                   Example
 Report dateYYYY-MM-DDDate report generated 2018-05-07
 Loan sourceTextSource of application Blend, LOS new file, LOS duplication, webcenter
 ChannelTextRetail, wholesale, consumer directRetail distributed
 Branch nameTextName of the sales branch,      if applicableCharleston, SC
 Loan numberTextFriendly loan number470013038
 Loan purposeTextPurchase Vs. RefiPurchase
 Loan TypeTextLoan program or productFNMA conventional 30 year fixed
 Creation dateYYYY-MM-DDDate record (lead or app) created in the LOS2018-03-07
 Current milestoneTextCurrent LOS milestone of         the applicationUnderwriting
 Processing start     dateYYYY-MM-DDDate of initial processing milestone2018-04-02
 Underwriting start     dateYYYY-MM-DDDate of initial underwriting milestone2018-04-08
 Loan approval       dateYYYY-MM-DDFinal approval date -      cleared to close2018-04-12
 RESPA app dateYYYY-MM-DDTRID date in LOS2018-04-01
 Loan closing dateYYYY-MM-DDClosing date of the loan2018-04-16
 Loan funded dateYYYY-MM-DDFunding date of the loan2018-04-16
 Loan officer emailTextEmail address of the    originating loan officerbobsmith@testlender.com

 Loan ID                   LOS primary key

TextPrimary "system" ID or GUID for the loan in the LOS{06664dcc-8903-89ea-612sef3t21d}

 

 

tip_5.png Note: Please do not email any borrower PII as per Blend's information security policy. If borrower PII needs to be shared, contact Support directly via email at support@blend.com for additional instructions on securely transferring the data.

DISCLAIMER: All mentioned features on this page may not be applicable to your institution, please reach out to (support@blend.com) for more information on what features are enabled for your use. 

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