What's New Interfaces

Excluding Seller Fees from Borrower Closing Costs for Loan Product Advisor and Desktop Underwriter

Corrected an issue where seller fees (costs) were not excluded from the calculations for borrower closing costs submitted to Loan Product Advisor (LPA) and Desktop Underwriting (DU) services. The issue was resolved by ensuring the appropriate field mappings are applied with seller fees are added to the Fees associated with transaction calculations settings.

To exclude a seller fee or cost from the borrower closing costs, enter the fee(s) on the Calculations > Fees page with the Section option set as Other and the Paid By options set as Seller.

Fulfillment Options within SmartSign Plus

When SmartSign Plus is used, the Fulfillment Options section now includes an Electronic Delivery option. This allows the package to be emailed to recipients, who can print it for wet signatures if needed. Recipients may be Settlement Agents entered in Administration and shared with Organization or any individuals listed in the Recipients table.

Updated the schema mapping to adhere to MISMO 3.4 data requirements in regard to expected values of the Credit and DocumentPreparation service types included in the request submitted to the LPA platform. The Credit Service request has been updated to reflect the correct code for Credit Provider used to obtain a credit report. Additionally, the interface has been updated to support PDF format versions of documents received in response (for example; Full Feedback Certificate, Merge Credit and Doc Checklist), to allow for full, PDF viewing. Previously, the PDFs were viewed in a CSS-stylesheet based manner.

We have updated the platform to support the import of language preference information through the Mortgagebot interface. The import allows language preferences for each borrower or co-borrower (party), bringing the imported preferences to the corresponding application page and ensuring it is included in the printed Fannie Mae Freddie Mac 1103 Supplemental Consumer document in the language preference section.

All data mapping supporting this enhancement is based on the standard industry loan application (iLAD) data and Fannie Mae (FNM) Version 3.4 (based on the MISMO 3.4 specification).

Updated the Mortgage Type data mapping to adhere to UCD Phase 4 critical edits data requirements in regard to expected values of mortgage types (i.e. VA, FHA, USDA, Conventional) included in the XML file imported into a corresponding application.

The Mortgage Type data point processing rules and data mapping were modified to ensure alignment between the underlying TXN data schema and the MISMO 3.3 data schema. The specific mappings that were updated include: 1 = VA, 4 = FHA, 6 = USDARuralDevelopment, with all other values mapped to reflect a Conventional mortgage type.

Updated the Subject Property Identifier for Loan Product Advisor® (LPA℠)

Updated the data mapping for requests using the MISMO v3.4 schema to include the Subject Property Identifier option when a real estate owned (REO) property is part of the transaction and the FRE Owned Loan checkbox is selected in the loan submitted to LPA for underwriting.

Updated the Special Feature Codes list to include new options (Loan Product Advisor and Appraisal Waiver) for loans exported through Fannie Mae ULDD that were underwritten by the Freddie Mac Loan Product Advisor® (LPA) underwriting system. On the Loan Origination page of the Fannie Mae ULDD interface, you can now select Loan Product Advisor or Appraisal Waiver in the Special Feature Codes list.

Modified the fulfillment workflow to automatically exclude parties from the electronic signature workflow if they are not designated as signers to the document package. Previously, an error in the e-signature processing occurred when non-signer recipients (with address information entered into the Print Fulfillment Information pane) are included in the SmartSign Plus Print Fulfillment page. With this revision, non-signer parties with mailing address information are properly excluded without error.

To provide support for loans exported through Fannie Mae ULDD that were underwritten by the Freddie Mac Loan Product Advisor® (LPA) underwriting system, we have added the system to the list of available Automated Underwriting Systems. On the Loan Origination page of the Fannie Mae ULDD interface, when the underwriting system is "Other", you can now select Loan Product Advisor. On the same page, the Automated Underwriting label was changed from Desktop Underwriter ID to Case ID for greater clarity.

Corrected an issue related to the Total Units field reporting the number of units sum on the HMDA Reported Collateral page. The "Total Units" reported should include the total units across all collateral, the issue was that only the number of units for the selected collateral were included in the Total Units sum. This correction ensures that the total units reflects the sum across multiple collateral (as set in the Collateral Details in the "# of Units" field.

Corrected an issue that caused the layout and positioning of information on the Loan Origination tab of the ULDD interface to display incorrectly when the rate spread on the submitted loan was a negative value. The issue occurs in both the Fannie Mae (Annual Percentage Rate (APR) Spread field) and Freddie Mac (HMDA Rate Spread Percent field) interfaces.

Updated the data mapping for requests using the MISMO v3.4 schema to now include rounding on SOFR index values to adhere to best practice guidance published by Freddie Mac and Fannie Mae. The agencies support a maximum of 4 decimal places and an error message was returned when an adjustable-rate percent value exceeded the 4 decimal limit. The issue was resolved by updating the calculations to now round the rate value when containing 5 or more decimals prior to submitting.

As part of our commitment to security, we have updated all integrated applications (interfaces) to ensure that all imported files are processed through our enterprise antivirus and malware detection systems prior to entering the application as file attachments. This effort is aimed at reducing the risk of application users downloading potentially malicious files to their computer or network.

Updated the Freddie Mac Loan Product Advisor® (LPA) interface to allow viewing and saving of verification services information in the Verification Services section of the LPA Interface View page.

Added the Appraisal Waiver option to the Valuation Method drop-down list. This update enables support for ACE+ PDR collateral valuation to originate eligible loans without an appraisal through the Loan Product Advisor (LPA) interface.

The appraisal waiver valuation method lets the lender obtain the automated collateral evaluation (ACE) + property data report (ACE+ PDR) to reduce the cost to the borrower. When the feedback indicates that collateral is eligible for ACE+ PDR, the lender will let the appraiser know to order the PDR through the Appraisal Management Company. The appraiser then submits the PDR through the ACE API interface to obtain an ID for the property (PropertyDataIdentifier). This identifier is then entered on the Appraisal Identifier field and resubmitted to obtain the Collateral R&W relief on the appraisal.

Removed a JavaScript library (PDF.JS) and updated to the most recent version due to security concerns. There is no action required on your part, this was performed as part of a routine security enhancement.

Updated to the newest specification, version 5.4, for Loan Product Advisor® (LPA). With this change, the LPA specification v5.2 will be retired on March 1, 2025, and all transactions will use the new v5.4 specification. This new specification is now included in all requests submitted on the MISMO 3.4 specification.

Learn more about the Loan Product Advisor Specification v5.4.

Corrected an issue that caused an incorrect HOEPA APR to be submitted to Wiz Sentinel. The issue occurred as a result of the calculation engine being used on a subset of variable rate balloon loans.

Updated the underlying data mapping between MISMO Version 3.1 and Version 3.4 to ensure real estate owned insurance, maintenance, taxes, and miscellaneous amounts for the borrower and the property status are correctly submitted on requests sent through the Fannie Mae Desktop Underwriter (DU) and Freddie Mac Loan Product Advisor (LPA) interfaces.

Updated the Forgot User Name/Password account recovery option on the OneSumX Customer Due Diligence Interface login screen to direct to the recovery page.

Corrected an issue that caused an "interface unavailable" error when pulling credit on a party that contains alias information using the SettlementOne Credit Service Interface. The solution now permits the issue and reissue of credit reports for parties that contain alias information (an Alias name).

Corrected an issue that caused an error when exporting files using the Fannie Mae 3.4 Export feature. The issue occurs in cases where the HUD-Agencies related Homeownership Education or Housing Counseling options are set to YES and the agency ID or name is not present on the application page.

Updated how amounts that include zero cents (.00) are submitted on the export file for the MISMO V3.4 format. Previously, when the cents value was ".00" (5000.00) the cents were excluded from the exported data. With this change, the cents value (".00" up to ".99") is included in the exported data. This changed impacted approximately 68 fields, such as PropertyValuationAmount, with the data point (DU data point) format of "Amount 9.2". Amounts entered in the "Amount 9.2" format are defined as including up to 9 numbers preceding the decimal and 2 digits following the decimal (000000000.00).

We have updated the platform to support import of loan files supporting the industry loan application (iLAD) data and Fannie Mae (FNM) Version 3.4 (based on the MISMO 3.4 specification). The import specifically allows import of Property Amount and Sales Price information.

Corrected an issue that caused a discrepancy in the cash to/from borrower amount between the Desktop Underwriter service and the Calculations page. The error occurred when specific lender credits were absent and only generalized lender credits present on the data submitted to the Desktop Underwriter service.

Updated the Lender Credits subsection of the Integrated Disclosure to adhere to UCD Phase 3B critical edits data requirements in regard to expected values of the Lender Credit Tolerance Cure Amount submitted on the transaction.

Modified the LenderCreditToleranceCureAmount data point processing rules and data mapping to map to a value of 0.00. This addresses the requirement that the Lender Credit Tolerance Cure Amount must be provided in the transaction when a Lender Credits exist and the value is not $0 (zero). If this conditions are not met on the submitted UCD file, a critical warning CRIT0093 (Freddie Mac) or code 3656 (Fannie Mae) is thrown.

Corrected an issue that caused the collateral (property) owner date of birth (DOB) to not be included in data submitted to OneSumX CDD as expected. On the Customer Due Diligence page, a Collateral Owner Date of Birth field was added to ensure the collection of the date of birth and subsequent inclusion in the data submitted to OneSumX CDD.

Updated the Desktop Underwriter feature to now utilize the most recent version of the Desktop Underwriter® (DU®) Underwriting Findings report as published by Fannie Mae. The report is now available, as a PDF, from within the Desktop Underwriter view in ComplianceOne mortgage. The Desktop Underwriter interface has been update to return the report as a PDF of the enhanced HTML format, which is zipped using 64 bit encryption. Per Fannie Mae, the DU Underwriting Findings report summarizes the overall underwriting recommendation and eligibility component of the loan casefile and lists certain steps necessary for the lender to complete the processing of the loan file.

Corrected an issue that caused the document generation process to fail when using the Create Documents option on the Print page. The error when generating documents is due to conflicts with barcodes, when enabled, in the organization configuration. The issue is a defect and not a result of any configuration or user-defined settings.

Corrected an issue that caused the file download feature in the Fannie Mae Version 3.4 Exports interface (also known as MISMO 3.4 exports) to fail. The issue was resolved by modifying the download feature in the interface to adhere to all security protocols related to enabling file downloads.

Resolved an issue that caused mortgage transaction exports to fail when processed through a Core Interface. The issue was related to how special symbols are handled when included in a transaction. When a transaction contains a special symbol, such as the ampersand symbol [&}, the transformation fails.

The Kroll Factual Data (KFD) credit service has been changed to appear as Factual Data by CBC in ComplianceOne Interfaces. All references to the KFD Interface have been replaced by Factual Data by CBC. This is the result of a brand unification effort by CBC Innovis and the Kroll Factual Data credit bureaus under the Factual Data brand name. Customers of this service have been migrated to use the Factual Data by CBC interface.

Corrected an issue related to the interoperability of systems through the Interface Manager. The issue, introduced in a prior release and not fully solved for all use cases, restricted the ability to establish new connections between systems through the application.

Corrected an issue related to the interoperability of systems through the Interface Manager. The issue, introduced in a prior release, restricted the ability to establish new connections between systems through the application.

Corrected an issue when processing Freddie Mac loans when entering an employer alias name to the Current Employer in a transaction that also includes a Previous Employer. The alias name resulted in an error preventing the submission of a loan to the Freddie Mac Loan Product Advisor (LPA) interface.

Corrected an issue when processing Freddie Mac loans set as No Cash Out Refinance resulted in an error preventing the submission of a loan to the Freddie Mac Loan Product Advisor (LPA) interface.

Corrected an issue preventing the Flood option from appearing on the action menu in the Application page.