Anyone work or worked for Abbey in 2007 who can answer this about transaction codes?

[spot]

I have a statement I received in my Subject Access Request which shows an ANMF Transaction code against the full balance of my mortgage loan slap bang in the middle of all my other debits and credits to the account.

 

It is a statement/listing of all transactions on the loan account.

 

I need to know EXACTLY what these transaction codes mean and what happened in the accounting system or to this loan which triggered this.

 

I have the ANMF Transaction Code Analysis Sheet. On it are two codes with adjoining descriptions thus:

 

1) CSF - SEC - Capital Transfer to Old Lender

 

2) CST - SEC - Capital Transfer to New Lender

 

 

These transactions happened on:

 

04/01/2007

 

and again on:

 

30/03/2007

 

I need to know what they did on those dates and exactly what those transactions are?

 

 

Can anyone tell me?

 

PM if it's too risky on open forum.

 

Be nice to me, this is very important to me.

 

Thank you.

 

Spot

[spot]

Come on all you Santander employees and ex employees, surely someone can tell me what this is about? There must be lots of you come on CAG to see what's going on. If I tell you this could be the difference between me keeping my family in my house or losing it maybe you'll nod the wink to me?

 

 

1) CSF - SEC - Capital Transfer to Old Lender

 

2) CST - SEC - Capital Transfer to New Lender

 

What do they mean exactly?

[freakyleaky]

Just having a dig around for you. Only thing so far is this http://en.wikipedia.org/wiki/List_of_business_and_finance_abbreviations

[freakyleaky]

SEC is Securities & Exchange Commission.

[spot]

Thanks Freakyleaky - (love the name)

 

I have the official Transaction Code Analysis sheet in with the SAR. and I'd been more interested in the CST and CSF until you just mentioned that.

 

Upon looking again at the Anaysis codes there are a number with SEC in the description such as:

 

Code - Description

AIS - SEC - Delayed Insurance to date of SEC

 

AIT - SEC - Delayed Interest to date of SEC

 

AOI - SEC - Delayed OVI to date of SEC (OVI is shown as Interest on Overdue balance)

 

DRF - SEC - Drawdown Transfer from

 

DRT - SEC - Drawdown Transfer to

 

RTF - SEC - Retention Transfer from

 

RTT - SEC - Retention Transfer to

 

TIS - SEC - Delayed INS/AIS to Receivable

 

TIT - SEC - Delayed INT/AIT to Receivable

 

TOI -SEC - Delayed OVI/AOI to Arrears

 

TRT - SEC - Transfer from New Lender

 

So, all these have the prefix of SEC along with those CSF & CST COdes - What is this and has it got anything to do with Securitisation perhaps?

 

Thanks...I need a mole!

[spot]

Well well, people in Santander must be very loyal or nobody must know the nitty gritty workings in there....I thought I'd at least have had a sniffle from employees.

 

 

Come on folks whistleblowing time....