What's New 2022

The following information describes key enhancements and important changes made in 2022.
Date Description
March 2022
Note: Mortgage Insiders is Back!

Here's your chance to contribute to Mortgage development discussions. Our next session is scheduled for May 12 at 10:00 A.M. CST. We will have a one-hour roundtable discussion to gather your input and feedback on functionality that is being updated or added to ComplianceOne® mortgage.

Join us by selecting the link below and registering.

Select Register Here and use Mtg2022 for the password.

We look forward to meeting with you in May!

Changes
Note: Extra Text Display on Document Preview page for acknowledgement and notary sections

After the February release, the acknowledgement and notary sections of the forms show extra text when viewed from the Document Data page. The issue is visible only when the forms are previewed. You can successfully generate and preview the forms from the Print page.

  • Permissions Message when adding an authorized signer

    Previously when an authorized signer was added for an entity after adding collateral and saving the transaction, the "You don't have permission to access this page" message displayed if a user navigated to the Application, Parties, Document Data, Print, or Collateral pages. After accessing the main page, the transaction could not be opened. This issue was resolved.

February 2022
Note: Mortgage Insiders is Back!

Here's your chance to contribute to Mortgage development discussions. Our next session is scheduled for May 12 at 10:00 A.M. CST. We will have a one-hour roundtable discussion to gather your input and feedback on functionality that is being updated or added to ComplianceOne® mortgage.

Join us by selecting the link below and registering.

Select Register Here and use Mtg2022 for the password.

We look forward to meeting with you in May!

Take Advantage of a Complimentary Quick Start to What's New?
  • Get up and running quickly with our overview of the ComplianceOne mortgage changes and learn what to expect in the new release. To access our on-demand, recorded, What's New tutorial, select: What's New.
    Note: You can also view the What's New video from the Compliance Solutions Support Portal. Go to the Compliance Solutions Support Portal and log in. Navigate to the ComplianceOne mortgage product page and select the What's New Tutorial Video. Select View All Product Training to access a complete list of tutorials, including the What's New sessions. You can also access additional mortgage tutorials from the Tutorial Videos section in Help.
Documents
Changes
Note: Extra Text Display on Document Preview page for acknowledgement and notary sections

After the February release, the acknowledgement and notary sections of the forms show extra text when viewed from the Document Data page. The issue is visible only when the forms are previewed. You can successfully generate and preview the forms from the Print page.

  • Application Page: Loan Numbers with Special Characters

    Previously a loan number with special characters entered on the Application page did not print correctly to documents. This issue was resolved, and a loan number with special characters will print correctly.

  • Calculations: Company Name Change for Uniform Closing Dataset

    The 'Genworth' PMI Company Name option has been renamed to 'Enact (formerly Genworth)' on the Calculations page for UCD licensed customers.

  • Loan Definition page: Integrated Disclosure Purpose

    Previously when user changed default value in the Integrated Disclosure Purpose field on the Loan Definition page, it was not retained. This release corrected the issue.

  • Closing Disclosure: Purpose Type and Purpose Type Other Description

    The Purpose Type and Purpose Type Other Description can now be changed/deleted in Document Data and the information will be retained. Previously, if this data was completed in Document Data and changes were made in Disbursements, the information would be cleared on the Closing Disclosure.

  • Print page: Validation message for Initial Rate Hold and Subsequent Rate Changes exceeding Loan Term

    Previously, a variable rate transaction where the sum of Initial Rate Hold and Subsequent Rate Changes exceeded the loan term and the 'Disclose the final payment separately', was unchecked in Document Policy, the Closing Disclosure printed incorrectly. Starting with this release, a validation message will display on the Print page for the above loan scenario to prevent users from entering values entered in the Initial Rate Hold and Subsequent Rate Changes from exceeding the loan term.

  • New Federal Holiday Exclusion

    Updates have been made to add the new federal holiday, 'Juneteenth National Independence Day' to the list of Federal holidays. The Closing Costs Expiration Date on the Calculations page and the Rescission Due Date on the Notice of Right of Rescission document will exclude June 19.

  • New York CEMA Loans

    ComplianceOne Mortgage has been updated with a new functionality to support NY CEMA loans. CEMA loans are available for conventional and FHA refinances. All required documentation is produced for originating CEMA loans; however, the calculation of the Mortgage Recording Tax should be done outside of the system and entered manually on the forms.

    To indicate the loan is a NY CEMA loan, select 'If true, the loan is a New York Consolidation Loan' check box in Document Policy in Administration. Based on the information entered in the transaction, any new money added to the transaction will be identified and the required set of forms will be generated on the Document Data and Print pages. For Help information, select CEMA (Consolidation, Extension, and Modification Agreement) Guide for New York.
    Note: The feature will be enhanced in a future release to add the required calculations.

January 2022
Take Advantage of a Complimentary Quick Start to What's New?
  • Get up and running quickly with our overview of the ComplianceOne mortgage changes and learn what to expect in the new release. To access our on-demand, recorded, What's New tutorial, select: What's New.
    Note: You can also view the What's New video from the Compliance Solutions Support Portal. Go to the Compliance Solutions Support Portal and log in. Navigate to the ComplianceOne mortgage product page and select the What's New Tutorial Video. Select View All Product Training to access a complete list of tutorials, including the What's New sessions. You can also access additional mortgage tutorials from the Tutorial Videos section in Help.
Documents
Changes
  • Closing Disclosure: Purpose Type and Purpose Type Other Description
    The Universal Credit Application Real Estate (UCA-RE) document will be discontinued after the March release. All new and copied transactions are getting the Residential Credit Application document instead of the old UCA-RE. However, after the March release the UCA-RE form will no longer be available on existing transactions. For more information, please review the following:

  • Party Information: 'You don't have permission to access this page' Error

    Previously when an entity type was not selected for a borrower or a collateral owner and the transaction was saved, a 'You don't have permission to access this page' error displayed and the transaction could not be accessed. This issue was resolved and the error will not display when the entity type is blank.

  • Fee Details: Valid Change of Circumstances check box added

    The Valid Change of Circumstances check box has been added to the Fee Details page on the closing phase. If the closing fee amount has changed due to a valid change of Circumstances, select the Valid Change of Circumstances check box on the closing phase, and the fee will be excluded from the tolerance check. The revised closing fee value and original closing fee value will print in the Changed Circumstances document.