Field K3-2OptionalAccount Information

    Metro 2 Field K3-2: K3 Agency Identifier

    Single-character code identifying the mortgage agency or registry associated with the loan (for example Fannie Mae, Freddie Mac, or MERS).

    Quick Reference

    Field Number:K3-2
    Position:3-3
    Length:1 characters
    Type:code
    Record:K3 Segment
    Required:No

    Allowed Values

    ValueMeaning
    0Not applicable
    1Fannie Mae
    2Freddie Mac
    3MERS

    Validation Rules

    • Valid agency code or zero when not applicable (see error k3-mortgage-type-invalid)

    Examples

    31

    Common Errors

    • Invalid agency code on a mortgage K3

    Tips & Best Practices

    • Use 3 (MERS) when the loan is registered with MERS

    Related Fields

    K3-3
    K3 Mortgage Identification Number
    The agency or MERS mortgage identification number tied to th...
    14
    Portfolio Type
    Single character indicating whether the account is installme...

    Other Account Information

    17AAccount Status27Terms Duration28Terms Frequency15Account Type14Portfolio Type10ECOA Code

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    K3 Agency Identifier - Metro 2 Field K3-2