What's New 2017

• Additional functionality is available on the HMDA page when 2018 HMDA Rule Applies is selected on the Loan Definition page and Action Taken Date on the Calculations page is on or after January 1, 2018.
  • You can now preview the HMDA LAR Record on the HMDA page by selecting PREVIEW LAR RECORD.
  • If you are licensed for HMDA Wiz, you can select a file that was created on the HMDA Wiz web site from File Name, insert an individual transaction by selecting the INSERT LAR RECORD button, and update a transaction after it has been inserted by selecting UPDATE LAR RECORD. Please note: For HMDA transactions when action is taken in 2017, you should continue to insert and update transactions by navigating to the menu and selecting HMDA Wiz.
  • If you are not licensed for HMDA Wiz, you can create the pipe delimited text file for your transaction by selecting CREATE LAR RECORD. The file will be placed in your default download browser location. Please note: For HMDA transactions when action is taken in 2017, you should continue to follow your current collection and reporting processes.
• The product now supports the Veterans Affairs Notice of Action Taken document. It is available in the document list when Type of Mortgage is VA and Denied, Other Adverse Action, or Request Information is selected for Loan Decision when in the upfront, processing, or adverse action packages on the Document Data page. Previously, the Notice of Action Taken document was available in the document list for these transactions.
• For transactions with residential real estate collateral located in the state of Texas, a new check box Texas Home Equity Four Condition Refinance is available in the State Specific Options section on the Collateral page. You should not select either General Interests Law – Home Equity or Secondary Mortgage Loans – Home Equity for the Loan Act on the Loan Definition page because this transaction type is outside of the traditional Texas Home Equity requirements found in Section 50(a)(6). Please see What's New with the Documents for information on the changes to Texas Home Equity loans as defined by the 50(f)(2) amendment to the Texas constitution, effective January 1st, 2018.

• When selecting Demographics for a borrower or cosigner on the Parties page, the option to Exclude age and report not applicable for HMDA was defaulted as selected. With this release, we have changed this default to unselected. If a party’s age should be reported as not applicable for HMDA, you will now need to select this option.
• The Demographic Information Addendum has been updated, so when using the Universal Credit Application Real Estate, you have the flexibility of including the expanded demographic information within the application or providing the Addendum separately for each borrower and cosigner. When creating a new transaction and selecting 2018 HMDA Rule Applies on the Loan Definition page, the new application Universal Credit Application Real Estate-HMDA will be selected.

  For existing transactions where the Universal Credit Application Real Estate is used and 2018 HMDA Rule Applies is checked, the Demographic Information Addendum will remain selected. To include the demographic information within the application for the existing transaction, uncheck Demographic Information Collected Separately for the borrowers and cosigners. For additional information, refer to What's New with the Documents and the following question on the Loan Definition page in Help: When HMDA Applies is selected on the Loan Definition page, when will I receive a separate Demographic Information Addendum, and will the additional demographic information be collected on the credit application? or the same question on the Document Data/Document Specific page of Help: When HMDA Applies is selected on Loan Definition, when will I receive a separate Demographic Information Addendum, and when will the expanded demographic information be collected within the credit application?

• When 2018 HMDA Rule Applies is selected on the Loan Definition page, and Dwelling within 2 Years is selected in Collateral Details for Raw Land-Real Estate, Occupancy Status Type and # of Units are available. The Filing Instructions Guide for HMDA 2018 require the occupancy type and total units for property reported for HMDA.
• When 2018 HMDA Rule Applies is selected on the Loan Definition page, Exclude Property Value for HMDA is now available in the Reported Collateral section on the Collateral page. This is used to indicate a property value was not relied on in making a credit decision and to report 'Not applicable' for HMDA. Currently when selected, 'Not applicable' will not print to the Preview Report. This will be supported in a future release.
• When 2018 HMDA Rule Applies is selected on the Loan Definition page, the Universal Loan Identifier (ULI) in the HMDA section of the Loan Definition page is now retained when you leave the page.
• When 2018 HMDA Rule Applies is selected on the Loan Definition page, the Loan Decision selected in the menu will default to Action Taken in the Origination/Disposition section on the Calculations page when using Internet Explorer. For more information, please refer to the following topic: When 2018 HMDA Rule Applies is selected, how does the selection of Loan Decision in the menu affect Action Taken within the Origination/Disposition area on the Calculations page?
• On the Financial Analysis page, '10 = No co-applicant' has been removed from the HMDA Credit Scoring Model list. When the transaction doesn’t have a co-applicant, this was already being sent for HMDA reporting and therefore, did not require a manual selection. For existing transactions where 'No co-applicant' had been selected, review and select the appropriate option from the list.
• An issue has been resolved that prohibited users from deleting collateral entered on non-HMDA transactions.
• In the Underwriting Information section on the Calculations page, we have added Underwriting Method. By default, Automated is selected but Manual is also available. When Automated is selected, the Automated Underwriting section is available for completion. When Manual is selected, the Automated Underwriting section is hidden. Additionally, within the Risk Assessment section on the Uniform Underwriting and Transmittal Summary, the 'Manual Underwriting' check box is checked and 'Not Applicable' prints for AUS Recommendation.
• In the At Origination section on the Calculations page, Loan Amount will now populate the Original Note Amount on the Assumption Agreement, HUD92210 Request For Credit Approval Of Substitute Mortgagor, and Transfer of Lien-TX. Original Note Amount is still available to edit in Document Data. Any changes made to ‘Original Note Amount’ on the documents in Document Data will not carry back to the Loan Amount on the Calculations page.
• The product now supports the revised Standard Flood Hazard Determination document which includes the changes made by the Federal Emergency Management Agency (FEMA) which were posted on its website in June, 2016. This revised version replaces the previous version of the Standard Flood Hazard Determination.
  • The Standard Flood Hazard Determination-Revised document is available in the document list when Flood Determination Made is selected on the Document Data page and:
    • The transaction is secured with any collateral type other than Raw Land-Real Estate.
    • The transaction is secured with Raw Land-Real Estate and Select the Flood Hazard Determination Document is selected in Collateral Details.
  • When the flood interface is used, Flood Determination Made defaults as selected on the Document Data page, the same as in previous releases. The Cert # now prints in the Date of Determination section instead of the Comments section. If applicable, Letter of Map Changes (LOMC) such as Letter of Map Change, Letter of Map Change Date, and Letter of Map Change Case Number will print in section 3 of the Standard Flood Hazard Determination-Revised document.
  • When the flood interface is not used, Flood Determination Made defaults as not selected on the Document Data page, the same as in previous releases. If selected, on the Standard Flood Hazard Determination-Revised document in Document Data you will have the ability to enter the Flood Certification Number, indicate whether there is a Letter of Map Change, add the Letter of Map Change Date, and the Letter of Map Change Case Number which apply to the revised document.
• The Universal Credit Application Real Estate has been updated so Year Acquired functions in the same way as with the Fannie Mae 1003 Freddie Mac 65 Uniform Residential Loan Application. With this change, this field allows entry of only the year (YYYY). For existing transactions, the experience within Document Data will depend on whether Year Acquired was entered or modified prior to or after the November Release.
  • If Year Acquired was entered prior to the November Release and no subsequent changes were made, you are not required to take any additional steps. We have taken the year portion (YYYY) from what was previously entered (MM/DD/YYYY) so that the year (YYYY) will appear on the Universal Credit Application Real Estate when opening the transaction.
  • If Year Acquired was entered prior to the November Release and subsequent changes were made, what was previously entered (YYYYMMDD) will still appear in the left pane of Document Data for Year Acquired but only the year portion (YYYY) will appear and print on the Universal Credit Application Real Estate. It is optional to update Year Acquired to include only the year portion.

• To continue providing security enhancements, portions of Administration have been moved to a new Security Administration component. The navigation menu present when hovering over the arrow found at the top of the page by the words ComplianceOne has been changed to allow direct access to Security Administration. Some of the functions that were previously part of Administration have been removed from Administration and have been added to Security Administration.
  • In Security Administration, you can manage accounts, users, roles/permissions, and IP filtering if you have access rights to those areas. Security Administration can be accessed from within ComplianceOne assumptions by hovering over the arrow found at the top of the page by the words, 'ComplianceOne." Users must have the Manage Account permission assigned in Security Administration to be able to access Security Administration. Users that had the Clone Account and/or Manage AccountUsers permission previously had access to Administration, will automatically be assigned the Manage Account permission, and consequently have access to Security Administration.
  • In Administration, you can manage Organizations, Addresses, Contacts, Indexes, Credit Bureaus, Fees & Charges, Service Providers, Policies, and Policy Groups. Administration can be accessed from within ComplianceOne assumptions by hovering over the arrow found at the top of the page by the words, 'ComplianceOne.' Users must have the Manage Template and Policy Group Administration for ComplianceOne assumptions and Manage Administration for ComplianceOne assumptions permissions assigned in Security Administration to be able to access Administration.
• The product supports the ability to begin collecting HMDA 2018 data (to be reported in or after 2019).
  • For HMDA transactions where action is taken in 2017, you will continue to follow the same workflow you have followed prior to this release (e.g. Navigate to the menu and select HMDA Wiz or collect information outside of the system if you are not licensed). This includes those transactions where you are selecting 2018 HMDA Rule Applies 2018 to use the Demographic Information Addendum but will take action in 2017.
  • As in prior releases, if you want to use the Demographic Information Addendum in your transaction, select 2018 HMDA Rule Applies on the Loan Definition page. With this release, selecting 2018 HMDA Rule Applies will enable additional fields throughout the pages of the workflow which are intended for those transactions where action is taken in 2018 (to be reported in or after 2019).
  • When 2018 HMDA Rule Applies is selected and the year in which you take action is 2018, Geocoding of the reported property occurs on the Collateral page to coincide with the collection of other related collateral information. Geocoding requires entry of the appropriate activity year which is taken from the Action Taken Date found on the Calculations page. We understand this workflow may not be optimal in all transactions. We will continue to look at additional options to enhance this workflow, and welcome any feedback you may have.
  • When 2018 HMDA Rule Applies is selected and you are doing a Rate Spread on the Calculations Page, please validate that you have information entered for Organization’s Lien Position in the Collateral Information section for each instance of Collateral identified for the transaction. While this field is not required for the transaction, this information is needed to get an accurate rate spread.
  • When 2018 HMDA Rule Applies is selected, a new HMDA page will appear in the workflow after the Print page. With the December 2017 release, you will be able to preview the HMDA LAR Record report from this page when the Action Taken Date is on or after January 1, 2018. Please note: Online Help for this HMDA Reporting page includes a number of HMDA specific questions related to 2018, including information that will be included on the HMDA LAR Record report.
    Additional functionality will be added to this page in the future releases such as the ability to select the specific HMDA Wiz File Name/ID, complete a LAR Edit Check, Insert LAR Record, and Update LAR Record, when licensed for HMDA Wiz. If you are not licensed, the HMDA page is where you can create the pipe delimited text file.

    • I am reviewing the HMDA LAR Record report for a transaction for which HMDA Applies is selected. Where in the workflow do I navigate to edit a specific field from this report?
    • When I take an application and the applicant does not want to provide race, ethnicity, or gender information, must I indicate the disaggregated categories on the Demographics page?
    • I know that applicant’s or borrower’s age is required to be collected on HMDA transactions but cannot find a field to enter the information. How is age being calculated?
    • When HMDA Applies is selected, how is the Universal Loan Identifier (ULI) created?
    • How do the selections made on the Loan Definition page affect Loan Purpose in the HMDA section?
    • What is the purpose of Dwelling within 2 Years within collateral details for Raw Land-Real Estate?
    • When HMDA Applies is selected, how are Construction Method, Manufactured Home Land Property Interest, and Manufactured Home Secured Property Type defaulted for Single Family, 2-4 Family Dwelling, Mobile Home (Personal Property/Residence) and Raw Land collateral types?
    • When HMDA Applies is selected, where do I enter Construction Method, Manufactured Home Land Property Interest, and Manufactured Home Secured Property Type for Condo, Non-Residential Real Estate, and PUD collateral types?
    • What Debt to Income (DTI) ratio is used for HMDA reporting?
    • When is the DTI not applicable for HMDA reporting?
    • What selections made on the Loan Definition page or Calculations page affect System in the Underwriting Information section?
    • When HMDA Applies is selected, how does the selection of Loan Decision in the menu affect Action Taken within the Origination/Disposition area on the Calculations page?
    • When HMDA Applies is selected, how does the Action Taken selected affect the Action Taken Date within the Origination/Disposition area on the Calculations page?
    • When HMDA Applies is selected, how do the reasons selected in Document Data for the Notice Of Action Taken affect the Reasons for Denial in the Origination/Disposition area on the Calculations page?
• Within Document Data on the Credit Application Real Estate, HMDA Census Tract Number has been removed from the Collateral section. The Census Tract field on the Credit Application Real Estate will now populate based on Census Tract in the Reported Collateral section that has been added to the Collateral page.
• As you are reviewing the HMDA changes, you may find the following resources useful:
  • CFPB Home Mortgage Disclosure Act rule implementation https://www.consumerfinance.gov/policy-compliance/guidance/implementation-guidance/hmda-implementation/
    • Small Entity Compliance Guide
    • Reportable HMDA Data: A Regulatory and Reporting Overview Reference Chart
  • CFPB Resources for HMDA filers https://www.consumerfinance.gov/data-research/hmda/for-filers
    • Filing Instructions Guide–For data collected in or after 2018

• For transactions where two current employers were entered with the same name, we have corrected issues such as:
  • Monthly Income table on the Financial Analysis page wasn’t displaying properly.
  • ‘Sorry, this page is currently unavailable’ message when saving Collateral Details.
  • Unable to calculate with a message indicating ‘An item with the same key has already been added.’
• On the Financial Analysis page, Score Used has been changed to Score Used in Interface. Score Used in Interface is used to indicate which credit score was relied on in making the credit decision and is required according to the 2018 HMDA Final Rule requirements. It also indicates which Score is sent for use in Interfaces.
  • Score Used in Interface (formerly Score Used) is no longer used to determine which credit score is printed on the Notice of Action Taken document. The Notice of Action Taken document has been updated to print credit scores where Use on Notice of Action Taken has been selected.
• On the Document Data page, Within two years loan proceeds will be used to place a dwelling on the property has been removed from the Collateral section. Dwelling within 2 Years has been added to Collateral Details for Raw Land-Real Estate. When selected, the Housing Counseling Agencies Notice-HE document is selected in the upfront package. For existing transactions where Within two years loan proceeds will be used to place a dwelling on the property was previously selected on the Document Data page, Dwelling within 2 Years will be checked in Collateral Details.
  • For additional information, refer to the following question What is the purpose of Dwelling within 2 Years within collateral details for Raw Land-Real Estate? ‘' on the Collateral page in Help.
• For transactions with sellers or where Use Seller Disclosures for Non-Seller Transaction was selected, there were instances where the Down Payment/Funds from Borrower and/or Funds for Borrower on the Calculating Cash to Close table on the Closing Disclosure reflected ‘Yes” in the ‘Did this change’ column when the Loan Estimate and Closing Disclosure amounts did not change. This was because amounts entered in Application phase for Total Existing Debt Being Satisfied and Payments to 3rd Parties Not Disclosed in Total Closing Costs, or Disbursements not Disclosed in Total Closing Costs (when Use one field to determine Down Payment/Funds from Borrower, Funds for Borrower, and Closing Costs Financed (Paid from your Loan Amount) was applied from the Calculations policy) were being cleared.
  • For transactions without sellers, there were instances where the ‘Total Payoffs and Payments (K)’ row on the Calculating Cash to Close table on the Closing Disclosure reflected ‘Yes” in the ‘Did this change’ column when the Loan Estimate and Closing Disclosure amounts did not change. This was because the amount entered for Estimated Total Payoffs and Payments in Application phase was being cleared.
  • For transactions without sellers, there were instances where the ‘Total Payoffs and Payments (K)’ row on the Calculating Cash to Close table on the Closing Disclosure reflected ‘Yes” in the ‘Did this change’ column when the Loan Estimate and Closing Disclosure amounts did not change. This was because the amount entered for Estimated Total Payoffs and Payments in Application phase was being cleared.

  To update this bullet on the Closing Disclosure document for transactions that were impacted prior to this release, review the Calculating Cash to Close section of the Closing Disclosure document. If values are not accurate, take the following actions:

  • Change the phase of the transaction back to the Application phase.
  • Enter expected values (based on printed version of the most recent Loan Estimate) in the Calculating Cash to Close section of the Calculations page.
  • Calculate.
  • Validate the Loan Estimate document contains the expected values.
  • Change the phase of the transaction back to the Closing phase.
  • Calculate.
  • Review and recreate the Closing Disclosure document as necessary.

• In addition, the issue would have also been present on the Loan Estimate document, Calculating Cash to Close table if a change was made on the Loan Definition page after adding or updating the following fields in the Calculation Cash to Close section of the Calculations page:
  • For transactions with sellers or where Use Seller Disclosures for Non-Seller Transaction was selected, Total Existing Debt Being Satisfied and Payments to 3rd Parties Not Disclosed in Total Closing Costs, or Disbursements not Disclosed in Total Closing Costs (when Use one field to determine Down Payment/Funds from Borrower, Funds for Borrower, and Closing Costs Financed (Paid from your Loan Amount) due to these value/s being cleared.
  • For transactions without sellers, Estimated Total Payoffs and Payments due to this value being cleared.

  Review and update the Calculating Cash to Close section on the Calculations page. Calculate and recreate the Loan Estimate document as necessary.

• An issue has been addressed for variable rate transactions where Initial Rate Definition is Specific Value that is less than the market rate, the Initial Rate Hold Term is less than 12 months, and Periodic Rate Caps is Apply on an adjustment basis. Previously the max payment for the first column of the project payments table on the Loan Estimate and Closing Disclosure was calculated using the ceiling rate rather than the max rate applicable for that first year. In addition, the column heading in the last column disclosed an end year that was longer than the term of the loan. This issue with the column heading existed regardless of what was selected for Periodic Rate Caps. For existing transactions, review, calculate, and recreate documents if necessary.

This release does not include new features.

• Within Administration on the Assumptions Policy - Loan Definition page, the option to Allow User to Edit Field in Transaction has been added for HMDA Applies, and defaults as selected when creating a new Loan Definition policy. When selected, HMDA Applies is editable at transaction time. When not selected, HMDA Applies will not be editable at transaction time.
  • Existing loan definition policies were not updated to select Allow User to Edit Field in Transaction. As a result, if you refresh a previously selected Loan Definition Policy or select a new Loan Definition Policy where Allow User to Edit Field in Transaction was not selected in the Loan Definition policy, HMDA Applies will not be editable at transaction or template maintenance time. It is recommended that you review your Loan Definition policies in Administration to determine if changes are needed. If your organization wants HMDA Applies editable at transaction time, update existing loan definition policies and refresh the Loan Definition Policy on the Loan Definition page to update templates or existing transactions.
• On the Collateral page, in the Collateral Information section, Year Built and # of Units were added. In the Owners section, Title Will Be Held in What Names, Use Collateral Owners check box and Manner in Which Title Will Be Held were added.
  • Year Built and # of Units are available only for collateral types when appropriate. Neither appear when Raw Land is selected. For Mobile Home (Personal Property/Residence), the Year field is used for Year Built (see additional information below). Title Will Be Held in What Names, Use Collateral Owners check box and Manner in Which Title Will Be Held appear on the first collateral item only.
  • These fields are still also available in Document Data to enter information for the Fannie Mae 1003 Freddie Mac 65 Uniform Residential Loan Application, Credit Application Real Estate document and title application documents. For existing transactions where data was previously entered, the values will now appear in Collateral and in Document Data. Changes to the data can now be made in either location.
  • When adding new collateral records of either Single Family or Mobile Home (Personal Property/Residence) collateral type, the # of Units field is defaulted to 1. For all other collateral types, no value is defaulted for # of Units.
  • The Year field in Mobile Home (Personal Property/Residence) flows to the Year field on title applications and other documents. It may also flow to the Year Built field on the Credit Application Real Estate and the Fannie Mae 1003 Freddie Mac 65 Uniform Residential Loan Application documents. If the Year on the Collateral page or Year Built in Document Data is blank, it will be updated with the data from the other area as long as only the year and no other text has been entered. If both Year and Year Built fields are populated, changing one of the fields will not update the other to avoid overwriting existing data. This allows the Year on title applications to be different than the Year Built on the Credit Application Real Estate and the Fannie Mae 1003 Freddie Mac 65 Uniform Residential Loan Application documents if needed.
  • The Title Will Be Held in What Names, Use Collateral Owners check box and Manner in Which Title Will Be Held appear on the first collateral item only. By default, the collateral owner’s names will populate the Title Will Be Held in What Names field and the Use Collateral Owners check box will be checked. The Title Will Be Held in What Names will automatically update if collateral owners are added or removed from the collateral item when the Use Collateral Owners check box is checked. If you want to manually edit the names in the Title Will Be Held in What Names field, do not want the field to be changed when adding or removing collateral owners, or want to be able to change the names while in Document Data and not have that change overwritten, uncheck the Use Collateral Owners check box.
• To adhere to the Filing instruction guide for HMDA data collected in 2018, the ability to add more than one System and Results in the Underwriting Information section on the calculations page can only be done when an option other than blank or Not Applicable is selected for the first System. Review any existing transactions where 2018 HMDA Rule Applies is selected on the Loan Definition page and delete any 2nd, 3rd, 4th, or 5th System and Result instance where Not Applicable is selected for System.
• For variable rate transactions where the Initial Rate Hold Term was less than 12 months, the Projected Payments table on the Loan Estimate and Closing Disclosure have been updated to always have a separate Year 1 column. For existing transactions review, calculate, and recreate documents if necessary.
• On the Closing Disclosure document, there was an issue where the 'Non-Escrowed Property Costs over Year 1' or 'Estimated Property Costs over Year 1' was not correct on page 4 when the transaction included Non-Escrowed and/or Waived Property Costs with a Frequency of Monthly, Quarterly, and Semiannually. For existing transactions, review, calculate and recreate documents if necessary.
• The Census Tract Number found on the Credit Application Real Estate now allows for entry of a decimal (e.g. 0001.03) or NA. Prior to this change, the census tract could have been entered with less than six digits, such as 103. Since both 0001.03 and 0103.00 are possible tract values, values were not retained for existing transactions, and you will need to enter any previously entered tract values using the appropriate format.

This release does not include new features.

• On the Parties page in the Individual Information section, Own or Rent and Own or Rent Other were added under the Physical Street Address and Previous Addresses. Own or Rent Residence, Reason for Current Dwelling Location and Own or Rent Other Description were removed from the Document Data page.
  • Previously, Own or Rent Residence, Reason for Current Dwelling Location and Own or Rent Other Description were available in Document Data to enter residency basis information for the Fannie Mae 1003 Freddie Mac 65 Uniform Residential Loan Application or the Credit Application Real Estate document.
  • For existing transactions where Own or Rent Residence, Reason for Current Dwelling Location and Own or Rent Other Description were previously entered, the value will be retained until Own or Rent and Own or Rent Other are entered on the Parties page.
  • Options for the Own or Rent field are blank, Own, Rent, Living Rent Free and Other. Blank is the default option. Select 'Living Rent Free' if the party is not obligated to pay rent or does not own the residence. Do not select 'Living Rent free' if the party owns the residence free and clear.
  • Selecting 'Living Rent Free' or 'Other' will print to the Credit Application Real Estate document. When using the Fannie Mae 1003 Freddie Mac 65 Uniform Residential Loan Application neither check box (Own/Rent) will be selected.
  • When 'Other' is selected, the Own or Rent Other field will be available to enter the desired text for this field. If 'Other' is selected and nothing is entered into the Own or Rent Other field, the Other check box will not be checked when selecting the Credit Application Real Estate document, and the Own or Rent field will default back to blank when returning to the Parties page.
• Previously, when a negative amount was entered in Net Rental Income within the Real Estate Owned section of the Financial Analysis page, subsequent changes made on the Financial Analysis page were not being saved. This has been resolved.

• Within Document Data on the Uniform Underwriting and Transmittal Summary, Underwriting Method Type and Automated Underwriting Recommendation Desc have been removed from the Note section. The 'DU', 'LP', and 'Other' check boxes and 'AUS Recommendation' field on the Uniform Underwriting and Transmittal Summary will now populate based on the System and Results selected in the Underwriting Information section that has been added to the Calculations page. When recalling an existing transaction, System will be updated with the selection previously made in Document Data for Underwriting Method Type, and Results will be updated based on the information entered in Document Data for Automated Underwriting Recommendation Desc. For example, if you have an existing transaction where you imported data using the Desktop Underwriter interface and Automated Underwriting Recommendation Desc had been populated with 'Approve/Eligible', then Desktop Underwriter is selected for System and Approve/Eligible is selected for Results. As another example, if you manually checked Other instead, entered a description for Underwriting Method Type, and entered information for Automated Underwriting Recommendation Desc, then Other is selected for System and Results with the automated underwriting description is shown in Result Description.
  • The selections made for System and Results are required for HMDA reportable loans with an action taken date on or after January 1, 2018. You can include up to five systems and results for HMDA reporting when 2018 HMDA Rule Applies is checked on the Loan Definition page. The complete 2018 HMDA functionality for loans with an action taken date on or after January 1, 2018 will be available in a future release. At this time, if you enter more than one selection for System and Results, that information will not print to any documents and is not used when selecting the HMDA Wiz menu option.
• Previously, users who were not assigned the Manage Template and Policy Group Administration for ComplianceOne assumptions permission were unable to create a transaction using a template. This has been resolved. For more information refer to the following question in Help: What permission is required for users to create a transaction from a template? on the Template Maintenance page in Help.
• Previously, for transactions where the Loan Decision was any of the following; Counter Offer, Counter Offer with Denial, Denied, Other Adverse Action, Request Information, or Terminate Line of Credit, validation warnings were being presented on the Print page indicating the need to complete required data entry for data that wasn’t necessarily needed to generate a compliant Notice of Action Taken document. This has been resolved. Validation warnings will not be presented on the Print page for transactions as long as the Loan Decision is any of the above, a Loan Officer has been selected on the Loan Definition page, and State has been selected on the Collateral Details page.

• You can now exclude the borrower signature from printing on the Housing Counseling Agencies Notice‐HE by selecting Exclude Borrower Signature on the Housing Counseling Agencies Notice‐HE in your Document Policy applied at transaction time. Review your document policies in Administration to determine if changes are needed. For existing transactions, the signature line will print to the document. If you refresh a previously chosen Document Policy or select a new Document Policy on the Loan Definition page, the choice made in your Document Policy will be applied when you create documents.
• For transactions where HMDA Applies is selected on the Loan Definition page, a new check box indicating that 2018 HMDA Rule Applies will be visible and automatically selected. The 2018 HMDA Rule Applies check box should remain selected if you want to include the Demographic Information Addendum. If not, the check box can be unselected. 2018 HMDA Rule Applies is hidden when HMDA Applies is not selected.
  • The 2018 HMDA Rule Applies check box on the Loan Definition page replaces Include the Demographic Information Addendum which was previously available in the Transaction section on the Document Data page. Transaction is HMDA Reportable which was previously located in Document Data has also been removed. For HMDA reportable transactions, the HMDA Applies check box should be selected on the Loan Definition page.
    • For existing transactions, if you had previously selected Include the Demographic Information Addendum in the Transaction section on the Document Data page, we have automatically selected 2018 HMDA Rule Applies on the Loan Definition page for you to ensure that the Demographic Information Addendum document is still included in your Document List. For HMDA Wiz customers, the 2018 HMDA Rule Applies check box will not impact any HMDA data within the interface. Additionally, the filtering options on the Home page are not impacted by this change. For additional information, refer to the following question: When HMDA Applies is selected on Loan Definition, when will I receive a separate Demographic Information Addendum, and when will the expanded demographic information be collected within the credit application? on Document Data/Document Specific page in Help.
• On the Document Data page, Purpose to Fund Home Improvement has been added and is used in the selection of FHA HUD Notice to Borrower document.
• The CLTV ratio was previously collected in Document Data on documents such as the Uniform Underwriting and Transmittal Summary, Application Summary Report, and HUD 92900 LT Loan Underwriting And Transmittal Summary. This ratio is no longer collected in Document Data and instead is entered on the Calculations page. We have added a Ratios section on the Calculations page along with the ability to override the value that has been calculated for the Home to Income and Debt to Income ratios.
  • Loan to Value: This was previously located underneath the Maturity Date on the left hand section of the Calculations Results.
  • Total Income: This was previously located underneath the Loan to Value on the left hand section of the Calculations Results.
  • Home to Income: This was previously located underneath the Total Income on the left hand section of the Calculations Results.
    • Override calculated HTI: If you wish to have a Home to Income value print to your documents that is different than the Home to Income that we have calculated, select Override calculated HTI and enter the value you wish to use.
  • Debt to Income: This was previously located underneath the Home to Income on the left hand section of the Calculations Results.
    • Override calculated DTI: If you wish to have a Debt to Income value print to your documents that is different than the Debt to Income that we have calculated, select Override calculated DTI and enter the value you wish to use.
  • CLTV: The applicable CLTV can be entered. The CLTV ratio is determined by dividing the total amount of debt secured by the collateral property by the lessor of the sales price or the appraised value of the property. The CLTV ratio that had been entered in Document Data prior to this change, will be present in override field within the Ratios section when the loan is recalled. If you had entered more than 3 digits to the right of the decimal for the CLTV, the product will round it to the nearest 1000th when the loan is recalled. The Home to Income and Debt to Income ratios that had been calculated prior to this change will continue to be calculated but will also appear in the override fields when an existing loan is recalled. On new transactions, the override fields for the Home to Income and Debt to Income will default unchecked.

• Information entered while on the Parties, Financial Analysis, Loan Definition, Collateral, Calculations, Disbursements, and Closing Disclosure pages is now saved prior to timeout. Previously information entered on these pages could be lost if you did not move off the page prior to timing out.
  • See the June 2017 What’s New for updates that were made to improve the timeout functionality on the Document Data page.
• On the Co-Applicants selection page accessed from the Parties page, Combine Assets/Liabilities has been added. When co-applicants are selected, Combine Assets/Liabilities will default as selected and the assets and liabilities of the borrower and the co-applicant print on the Universal Credit Application and the URLA documents. Previously, Combine Assets and Liabilities with CoApplicant was available in Document Data and did not default based on co-applicant selections.
• Transactions without liabilities on the Financial Analysis page can now be successfully submitted to the Desktop Underwriter or Loan Product Advisor interfaces. Previously, an error message indicating ‘Missing first borrower’s alimony or child support obligation indicator’ displayed when liabilities were not entered on the Financial Analysis page.
• To differentiate between multiple user-defined fees in a fee policy, User Defined Fee Name is now displayed in the Name column of the Add All and Remove All sections on the Fee Policy detail page. Previously, ‘User Defined’ displayed for each user-defined fee in the Name column.
• For transactions where a Property Cost Policy was initially applied but the defaulted Escrow Reserves Paid or Cushion values were changed, the changes now save. Previously, changes made to the defaulted values were not saved when calculating.
• The Escrow Account Type will now default the expected value on transactions where a user selected an organization other than the first organization in the list and a Property Cost Policy was not chosen in the Property Costs section.
• Previously, for construction only transactions where non-escrowed property costs were added on the Calculations page within the Property Costs section, the non-escrowed property costs were being deleted from the transaction when subsequently visiting the Loan Definition page. This has been resolved.
• For transactions with sellers or where Use Seller Disclosures for Non-Seller Transaction was selected, the Closing Costs Financed (Paid from your Loan Amount) in the Calculating Cash to Close section of the Closing Disclosure document has been updated to use the unrounded Loan Estimate amount when comparing the Closing Costs Financed to the Final amount. The Loan Estimate amount printed on the Closing Disclosure will continue to be the rounded amount. Previously, the comparison used the rounded amount that printed on the Loan Estimate causing the Did this Change? column to reflect ‘Yes’ in cases where the Closing Costs Financed (Paid from your Loan Amount) hadn’t changed. For more information, refer to the following questions in Help: How is Closing Costs Financed (Paid from your Loan Amount) determined? and On the Closing Disclosure, the Calculating Cash to Close table includes a column titled, 'Did this Change?' How is this completed? on the Calculations/Loan Estimate and Closing Disclosure page in Help. For existing transactions, review, calculate and recreate documents if necessary.
• Previously, the ‘The total of 10% tolerance fees exceeded’ print page warning displayed for transactions with prepaid Private Mortgage Insurance, where the Variance Type was 10%, and when the fees in the Charges that in Total Cannot Increase More than 10% category didn't exceed the tolerance. This has been resolved and the print page warning is no longer appears for these scenarios.
• Within Document Data the information entered in the Schooling Years, Number of Dependents, Ages of Dependents on the Universal Credit Application Real Estate and the Fannie Mae 1003 Freddie Mac 65 Uniform Residential Loan Application now saves.
• Previously when there were Lender Paid fees on a transaction where individual Lender Paid fee(s) decreased but the net change when aggregated was an increase in Lender Credits, a validation warning indicating that fee(s) have exceeded the 0% tolerance was showing on the Print page. Additionally, a message stating Changed - Tolerance Exceeded was showing for each Lender Paid fee that decreased. This has been resolved.

• A new template concept has been added with this release and is referred to as Templates and Template Maintenance. Templates define a set of standard transaction characteristics for use in creating similar transactions.
  • For additional information on templates and template maintenance, refer to the following Information in the Template Maintenance section in Help:
    • Template Maintenance.
    • What is the purpose of a template?
    • How are parties used in a template?
    • Are the options to indicate a party is being released or added available on the Parties page for defaulting in a template?
    • Are Additional Signatures, Sellers, Landlords, Additional Lienholders and Trustees available on the Collateral Details page for defaulting in a template?
    • Are Owners of Assets, Liabilities and Real Estate Owned available on the Financial Analysis page for defaulting in a template?
    • Will updates to existing template impact existing transactions?
    • What permission is required to access Template Maintenance?
    • What permission is required for users to create a transaction from a template?
    • How do I navigate back to the Template Maintenance Home page in mortgage when I am done creating or making changes to a template?.
    • Is the ability to apply field-level attributes to control behavior at transaction time available for defaulting in a template, for example required or read-only?
    • What is the four-digit number that displays within the party row on the Parties page when I add a borrower, cosigner or guarantor to a template?
  • When your account has templates created and you select +Assumptions Transaction, you will have an option to Create Transaction or Create Transaction from a Template. If Create Transaction is selected, the workflow is the same as it was previously when +Assumptions Transaction was selected. For additional information on creating a transaction from a template, refer to the following questions in Help:
    • How do I update template parties with actual parties? in the Parties page in Help.
    • What permission is required to access Template Maintenance? on the Template Maintenance page in Help.
    • What is the four-digit number that displays next to a template party in the Template Parties section? on the Parties page in Help.
• On the Financial Analysis page under the Assets section, the following changes were made to the Type list:
  • Gifts Not Deposited was added.
  • Grants Not Deposited was added.
  • Bank Deposit was removed and replaced with more granular options including:
    • Checking Account
    • Savings Account
    • Certificate of Deposit
    • Money Market Account
    • NOW Account
    • Other (Bank Deposit Account)
      • If selected, User Defined Description is available to describe the asset.

    Previously, Account Type was available in Document Data to select these more granular options when electing to generate the Verification of Deposit document. With this list expansion on the Financial Analysis page, Account Type has been removed from the Document Data page.

    For existing transactions where Bank Deposit was previously selected, we have updated the Type selected on the Financial Analysis page based on the following:

    • If Bank Deposit was selected on the Financial Analysis page and an Account Type was selected on the Document Data page within the Request for Verification of Deposit document, we have set the Type based on the Account Type previously chosen. For instance, if Checking Account was selected as the Account Type, we have set the Type to Checking Account on the Financial Analysis page.
    • If Bank Deposit was selected on the Financial Analysis page but an Account Type was not selected on the Document Data page within the Request for Verification of Deposit document, we have set the Type on the Financial Analysis page to Other (Bank Deposit Account) and made the User Defined Description available for you to describe the asset.
    • It is recommended that you review and recreate documents if necessary.
• The ability to enter additional asset details has been added to the Financial Analysis page.
  • Held By has been added when the Type is Earnest Money.
  • The following have been added when the Type selected is Checking Account, Savings Account, Certificate of Deposit, Money Market Account, NOW Account, or Other (Bank Deposit Account):
    • Depository Institution Name
    • Depository Institution Address including City, State, and Postal Code
    • Verification Requested
      • Selecting Verification Requested will include the Request for Verification of Deposit document on the Document Data and Print pages.
  • The following have been added when the Type selected is Motor Vehicle:
    • Year
    • Make
  • The following have been added when the Type selected is Investment:
    • Number of Shares
    • Securities Description
    • Date Account Opened
    • Broker Name
    • Verification Requested
      • When Verification Requested is selected, Broker Address including City, State and Postal Code are available.
      • Selecting Verification Requested will include the Request for Verification of Deposit document on the Document Data and Print pages.
  • The following have been added when the Type selected is Life Insurance:
    • Account Number
    • Face Value
    • Verification Requested
      • When Verification Requested is selected, Depository Institution Name and Address including City, State, and Postal Code are available.
      • Selecting Verification Requested will include the Request for Verification of Deposit document on the Document Data and Print pages.
  • The following have been added when the Type selected is Retirement Fund:
    • Account Number
    • Verification Requested
      • When Verification Requested is selected, Depository Institution Name and Address including City, State, and Postal Code are available.

    Previously, these were available on the Document Data page. They are now available on both the Financial Analysis and Document Data pages. Changes made in either location will be saved to both locations.

    In addition, we have added row expand/collapse and show/hide detail options to give you control over whether you want to see these additional items for all assets or only specific assets on the Financial Analysis page.

    • If Show Detail is selected in the Assets section, all assets in the asset section will be expanded to allow you to view or edit the additional asset details.
      • When Hide Detail is selected, all assets in the asset section will be collapsed hiding the additional asset details.
    • When hovering on the left side of any asset in the Assets section, you will see the option to Expand the row. This will allow you to expand one asset at a time to view or edit the additional asset details.
      • If you hover on the left side of an expanded asset, you will have the option to Collapse the row. This will allow you to collapse one asset at a time, hiding the additional asset details.
• Within Document Data on the Request for Verification of Deposit document, Name in Which Account Held On has been removed from the Asset section. The ‘Account in Name of’ field on the Request for Verification of Deposit document will now populate based on the Owner selected for the asset on the Financial Analysis page.
• The ability to enter additional liability details has been added to the Financial Analysis page.
  • Months Remaining has been added for all liabilities types.
  • Creditor Address including City, State and Postal Code have been added when the Type selected is:
    • Mortgage, Rent, Automobile, Installment Loans, Credit Card/Revolving Loan, Other Financing, Dependent Care, or Land Contract.
  • Revolving has been added when the Type selected is:
    • Mortgage, Rent, Automobile, Installment Loans, Credit Card/Revolving Loan, Stock Pledges, Other Financing, Utilities, Other Housing Expense, Federal Debt, Suit or Judgment, Land Contract, Ground Rent, Leasehold Payment, or Other (User Defined).
    • It is defaulted as selected when the Liability Type selected is Credit Card/Revolving Loan but can be changed.
  • Dependent Name has been added when the Type selected is Dependent Care.
  • Verification Requested has been added when the Type selected is Mortgage, Rent, Automobile, Installment Loans, Credit Card/Revolving Loan, Other Financing, Dependent Care or Land Contract. Selecting Verification Requested will select the following documents on the Document Data and Print pages:
    • Request for Verification of Loan document when the liability Type is Automobile, Installment Loans, Credit Card/Revolving, or Other Financing.
    • Request for Verification of Loan document when the liability Type is Automobile, Installment Loans, Credit Card/Revolving, or Other Financing.
    • Request for Verification of Dependent Care when the liability Type is Dependent Care.
  • Authorization for Release has been added for all liability types. Selecting Authorization for Release will select the Authorization for Release of Financial Information document on the Document Data and Print pages.

  Previously, these were available on the Document Data page. They are now available on both the Financial Analysis and Document Data pages. Changes made in either location will be saved to both locations.

  In addition, we have added row expand/collapse and show/hide detail options to give you control over whether you want to see these additional items for all liabilities or only specific liabilities on the Financial Analysis page.

  • If Show Detail is selected in the Liabilities section, all liabilities in the liabilities section will be expanded to allow you to view or edit the additional liability details.
    • When Hide Detail is selected, all liabilities in the liability section will be collapsed hiding the additional liability details.
  • When hovering on the left side of any asset in the Liabilities section, you will see the option to Expand the row. This will allow you to expand one liability at a time to view or edit the additional liability details.
    • If you hover on the left side of an expanded liability, you will have the option to Collapse the row. This will allow you to collapse one liability at a time, hiding the additional liability details.
• Include the Authorization for Payoff has been added to the Liabilities section to indicate you want the Authorization for Payoff document to be selected for each liability where Payoff is selected in the liabilities section. If any liabilities within the Liabilities section of the Financial Analysis page have Payoff selected, Include the Authorization for Payoff will default as selected.
• Within Document Data on the Request for Verification for Verification of Loan document, Name(s) on Account has been removed from the Debt section. The ‘Loan in the Name of’ field on the Request for Verification of Loan document will now populate based on the Owner selected for the liability on the Financial Analysis page.
• Within Document Data on the Request for Verification of Rent or Mortgage document, Name(s) on Account has been removed from the Debt section. The ‘Account in the Name of’ field on the Request for Verification of Rent or Mortgage document will now populate based on the Owner selected for the liability on the Financial Analysis page.
• Within Document Data on the Request for Verification of Rent or Mortgage document, Debt Property Address has been defaulted with the associated Real Estate Owned Address if one was entered and linked to the Liability on the Financial Analysis page. The defaulted value can be changed in Document Data if needed and is available to enter if an association to a real estate owned entry is not present in the transaction.
• The order of existing fields has been changed within the Real Estate Owned section of the Financial Analysis page to accommodate additional fields and to better align with the order presented on the credit application documents. The following were added to the Real Estate Owned section of the Financial Analysis page:
  • Property Type
  • Gross Rental Income
  • Insurance, Maintenance, Taxes & Misc.
  • Net Rental Income
  • Miscellaneous expenses will be satisfied upon sale or refinance of property
    • It will be defaulted as selected if the real estate owned was linked to a liability that was indicated as Payoff but can be changed.

  Previously, these were available on the Document Data page. They are now available on both the Financial Analysis and Document Data pages. Changes made in either location will be saved to both locations.

• Within Document Data on the Personal Financial Statement document, Name in Which Account Held has been removed from the Asset section. The ‘Title In Name Of’ field on the Personal Financial Statement document within the Real Estate Owned section will now populate based on the Owner selected for the Real Estate Owned on the Financial Analysis page.
• Some improvements were made to the timeout functionality when you are on the Document Data page and a timeout occurs. These include:
  • When the login session expires while on the Document Data page, you will receive the same message you are familiar with on other pages, ‘Your session has expired. Click continue to re-activate your session.’
    • Previously, when the login session expired while on the Document Data page, an error stating ‘Error loading document’ or ‘An error occurred saving document data’ was presented.
  • The information entered while on the Document Data page is now saved prior to the timeout.
  • After re-authenticating, you will be brought back to the specific document you were working on within the Document Data page when you timed out.
• When a transaction is copied, HMDA related data is no longer copied to the newly created transaction. This approach more closely follows Regulation B.
  • Creditor must request the information again if required to do so under Regulation B. Except for a refinancing explained in Comment 6 to 12 CFR 1002.13, there is no express authorization in Regulation B that permits a creditor to ‘re-use’ previously collected information on a subsequent, unrelated transaction – even if involving the same borrowers and same creditor. The information must be collected again – not re-used – from a previous loan or loan file.
  • Although Regulation B’s 12 CFR 1002.12(a), Record Retention, permits retention of this information in the loan file, Regulation B does not authorize the re-use of the previously collected information.

• For transactions where a service provider was Added at Transaction Time, there were instances where a message indicating ‘An error occurred while rendering the table. Please refresh the page’ would appear in the Added at Transaction Time section of the Fee Detail page. When this occurred, the service providers added at transaction time were not printing to the Written List of Providers document. This has been resolved.
• For transactions with Mortgage insurance, we have corrected an issue with the Mortgage Insurance premium amounts. Prior to this change, in some situations, the premium amounts were off by a couple of cents. For existing transactions, review, calculate and recreate documents if necessary.
• The Regulator Level Type selected in the Reg B Regulator Entity Contact within administration will now be used within your transaction. When the Regulator Level Type is Federal, the name and address of the Reg B Regulator will print to the Notice of Action Taken and the ECOA section of the Disclosure Notices document. When the Regulator Level Type is State, the name and address of the Reg B Regulator will print to the Fair Lending Notice-CA document. The regulator type was previously entered in the Organization Regulator section within the document data entry of these three documents.
• When the Application Received Date is changed, the Document Policy will no longer refresh. Previously, when the date was changed, the Document Policy refreshed and the closing costs expiration information was reset, losing the entered data.
• Based on your feedback, improvements have been made to the collection of escrowed, non-escrowed, and waived property costs throughout the workflow.
  • The Escrow and Non-Escrow sections on the Calculations page have been renamed to Property Costs. The Property Costs section allows you to enter both escrowed and non-escrowed property costs in one location. The Property Costs section is where you indicate if a cost that would normally be escrowed will be waived. Previously, you entered this information on the Document Data entry page of the Loan Estimate and Closing Disclosure.
  • Escrow Account Type has been added to the top of the Property Costs section and can be set in your Property Costs policy in administration. Previously, defining the type was done within Document Data on certain documents such as the Uniform Underwriting and Transmittal Summary, Escrow Account Notice, and a number of state specific escrow documents. The options of Required, Optional Will Manage, Optional Open Account, and Not Applicable have been renamed to Escrow account established and required, Consumer waived the optional escrow account, Escrow account established and optional, and Escrow not applicable, respectively, to help you better understand the impact of each selection. Selecting ‘Consumer waived the optional escrow account’ or ‘Escrow not applicable’ from Escrow Account Type will select ‘you declined it’ and ‘your lender does not require or offer one’, respectively, in the Escrow Account section on page 4 of the Closing Disclosure describing why an escrow account was not established. Previously, you completed this on the Document Data entry page of the Closing Disclosure. For more information, refer to the following questions in help:
    • How does each option in Escrow Account Type impact my transaction? on the Calculations/Property Costs page in Help.
    • What impact does selecting 'Escrow account established and required' versus 'Escrow account established and optional' from Escrow Account Type have on my transaction? on the Calculations/Property Costs page in Help.
  • The Non-Escrowed Property Costs over Year 1 and Non-Escrowed Payment are calculated amounts based on the Non-Escrowed and Waived property costs entered in the Property Costs table. For more information, refer to the following question in Help: How are the Non-Escrowed Property Costs over Year 1 and Non-Escrowed Payment amounts calculated? on the Calculations/Property Costs page in Help. Defining the type of Non-Escrowed item is completed by selecting the appropriate Description in the Property Costs table and is no longer performed by completing Assessment Non-Escrowed Other Item Type on data entry of the Loan Estimate and Closing Disclosure. For existing transactions where multiple Assessment Non-Escrowed Other Item Types were previously selected, we have updated the Property Costs section on the Calculations page as follows:
    • Each Assessment Non-Escrowed Other Item Type will be included in the Property Costs table as Non-Escrowed and the selected Assessment Non-Escrowed Other Item Type will display in the Description column. For example, if Homeowner’s Association Dues and County Property Taxes were selected as the Assessment Non-Escrowed Other Item Types, two property costs will display in the Property Costs section on the Calculations page, and the Description will be Homeowner’s Association Dues and County Property Taxes, respectively.
    • The Frequency for each item will be set to Annually.
    • The amount entered in Non-Escrowed Property Costs over Year 1 on the Calculations page will appear in Non-Escrowed Property Costs over Year 1 at the bottom of the Property Costs table and as the Amount of the first Non-Escrowed property cost in the Property Costs table. You can divide the amount between each individual property cost as needed.
      • For example, if $1,200.00 was entered as the Non-Escrowed Property Costs over Year 1, the Amount for County Property Taxes will reflect $1,200.00, the Amount for Homeowner’s Association Dues will reflect 0.00, and Non-Escrowed Property Costs over Year 1 in the footer of the Property Costs table will reflect $1,200.00.
    • The amount entered in Non-Escrowed Property Costs for 1 Payment on the Calculations page will be included in Non-Escrowed Payment at the bottom of the Property Costs table. Override Calculated Non-Escrowed Payment is selected so the amount you previously entered is saved. If you would like to use the calculated amount, unselect Override Calculated Non-Escrowed Payment and click Calculate.
    • It is recommended that you review and recreate documents if necessary.
  • When one or more items in the Property Costs table have been identified as Waived, you will no longer see Escrow Waived in Whole or Part on Document Data in the Closing Phase. Because you have indicated at least one item as Waived, you will continue to indicate if you wish to use the Escrow Waiver Notice by selecting Escrow Waiver Notice Prints from the Document Data page. In addition, you will no longer see Escrow Item Waived in the Escrow Item section in Document Data as indicated by selecting Waived from the Property Costs table.
  • The defaulting of non-escrowed and waived amounts into the Proposed amounts in the Monthly Housing Expenses & Ratios section on the Calculations page will be available in a future release.
  • Cooperative Association Dues and Cooperative Association Special Assessment have been removed from the Description list since cooperatives collateral is not supported. In addition, Other has been moved to the end of the Description list to make it consistent with other lists throughout the work flow.
  • Escrow Item Not Escrowed in First Year has been hidden on the Document Data page of the Closing Disclosure. This determination is made by the data entered in the Property Costs section and no further information is required on Document Data.
• On the Parties page in the Individual Information section, Years and Months were added under the Physical Street Address. Years at Permanent Address was removed from the Document Data page.

  Previously, Years at Permanent Address was available in Document Data to enter duration information for the Fannie Mae 1003 Freddie Mac 65 Uniform Residential Loan Application or the Credit Application Real Estate document. The Years and Months fields are used to calculate the number of years (No. Yrs.) entered on the documents.

  For existing transactions where Years at Permanent Address was previously entered, the value will be retained until Years and Months are entered on the Parties page.

• On the Parties page Previous Addresses section has been added. On the Document Data page, the Previous Address information and Years at Previous Address have been removed.

  Previously, Previous Address and Years at Previous Address were available in Document Data when generating the Fannie Mae 1003 Freddie Mac 65 Uniform Residential Loan Application or Credit Application Real Estate document. The new Previous Addresses section allows you to enter as many previous addresses as needed and the number of Years and Months the party resided at the address. Years and Months will be used to calculate the number of years (No. Yrs.) and will populate to the documents. Additional previous addresses and number of years now print to the Fannie Mae 1003 Freddie Mac 65 Uniform Residential Loan Application Continuation Page document or the Credit Application Real Estate Supplement document.

• Increased template capabilities have been added with this release. These include:
  • On the Loan Definition page, Template has been renamed to Policy Group. Each policy is available within your transaction so the refresh icon has been removed from the Policy Group. The Policy Group will function the same as the Template had previously. Since the former Template field has been renamed to Policy Group, a new template concept will be added in the July release
  • The ability to apply a Loan Definition Policy has been added to the Loan Definition page. If you select a new Loan Definition Policy or refresh a previously chosen Loan Definition Policy, the choices made in your policy related to ATR/QM Test and HMDA Applies will be applied.
  • The ability to apply an Escrow Policy has been added to the Calculations page. If you select a new Escrow Policy or refresh a previously chosen Escrow Policy, the choices made in your policy related to escrow items will be applied. Escrow Policy can still be applied through the use of a Policy Group.
  • The ability to Add Fees from a Fee Policy has been added to the Calculations page. For additional information on adding fees from a fee policy, refer to the following questions in Help:
    • What is the purpose of Add Fees from a Fee Policy?
    • How do I add all fees from a Fee Policy on the fee policy detail page?
    • How do I add only select fees from a Fee Policy?
    • How do I add fees from multiple Fee Policies?
    • How do I remove multiple fees from the transaction?
    • What happens when I apply a Policy Group that contains a Fee Policy and then add fees using the + Fee or + Fees from Fee Policy?
    • What happens when I use + Fees or + Fees from a Fee Policy and then add a Policy Group that includes a Fee Policy?
    • When a fee has been changed in Administration, how do I update the fee after I have added it to my transaction?

• Within your document policies in Administration you now have the option to Select the Consent to Contact You By Telephone, Text and Email for Borrowers, Cosigners, Guarantors, Collateral Owners, and/or Additional Signers. The Consent to Contact You By Telephone, Text, and Email document will be selected for each party that you have selected in that policy. The document can still be added or removed at transaction time for any borrower, cosigner, guarantor, collateral owner, or collateral additional signer by selecting or unselecting Select the Consent to Contact You By Telephone, Text and Email when in the upfront, processing, or closing packages on the Document Data page. For additional information about this document, please review What's New with the Documents.

• The product supports the ability to generate a file for upload to the Fannie Mae and Freddie Mac Uniform Closing Dataset (UCD) collection solutions. On Fannie Mae, Freddie Mac, FHA, and VA transactions you are able to create an XML file which includes the embedded PDF copy of the Closing Disclosure. If you are interested in purchasing the UCD product, please contact your Wolters Kluwer Account Executive for more details

• As of July 1st, 2017 ComplianceOne® assumptions will only support Microsoft® Internet Explorer (IE) browser version 11 or newer. You can upgrade at any time prior to July 1st, 2017.

  Chrome is also supported and is automatically updated on your system with the latest version.

• Based on your feedback, improvements have been made to the collection of a number of dates throughout the workflow.
  • The Application Package Disclosure Date is now collected in the General Information section on the Loan Definition page. Previously, the Application Package Disclosure Date was entered on the Document Data page. Also included is Use the Application Package Disclosure Date on Additional Application Documents which, when selected, will default the Application Package Disclosure Date to Application Completion Date, Date Borrower Received, Document Print or Mailing Date, and Informed Consumer Choice Preparation Date found in Document Data for additional application phase documents. The date defaulted from the package disclosure date will stay current based on the date entered in Application Package Disclosure Date on the Loan Definition page until the date is changed on the Document Data page. For additional information see the new online Help question Where does the Application Package Disclosure Date default when the following option is selected: Use the Application Package Disclosure Date on Additional Application Documents? on the Loan Definition page of Help.
  • The Loan Estimate Issued Date and Closing Disclosure Issued Date are now collected in the General Information section of the Loan Definition page in the application phase and the closing phase, respectively. The Issued Date was previously collected on the Document Data page for the Loan Estimate and Closing Disclosure. Selecting Use the Application Package Disclosure Date on Additional Application Documents,also in the General Information area, will populate the Application Package Disclosure Date into the Loan Estimate Issued Date when in the application phase.
  • The Closing Costs Expiration Date, Time, and Time Zone are now collected below the Fees table in the Fees section of the Calculations page in the application phase. This information was previously entered on the Document Data page for the Loan Estimate as Date and Time Closing Costs Expire and Closing Costs Expiration Time Zone. In Administration within your document policies, you now have the ability to enter the number of business days, time, and time zone to be used along with the entered Loan Estimate Issued Date on the Loan Definition page to calculate and default the Closing Costs Expiration Date, Time, and Time Zone on the Calculations page at transaction time. The date and time (including the applicable time zone) at which the estimated closing costs expire must be disclosed on every Loan Estimate and therefore are required fields. For further information on the calculation of Closing Costs Expiration Date, see the new Help question, How is the Closing Costs Expiration Date calculated? in the Fees section of Help.

• The ability to enter demographic information (also known as Government Monitoring Information) for individual borrowers and cosigners has been added to the Parties page. When a Borrower or Cosigner is added to the transaction for the first time, the Demographics page will be displayed prior to being returned to the Party Page. If you need to subsequently add or change demographic information for an individual borrower or cosigner, the Demographic link within the party row can be selected to get back into the Demographics page. Previously, demographic/government monitoring information was available on the Document Data page.

  The information that is available for entry has been changed to allow for the collection of the expanded Home Mortgage Disclosure Act (HMDA) demographic information. In order for the expanded HMDA demographic information to print to the Demographic Information Addendum document, you will need to select Include the Demographic Information Addendum in the Transaction section on the Document Data page.

• Valuation Method is now available on the collateral details page when Type of Mortgage is Fannie Mae, Freddie Mac, FHA, or VA on the Loan Definition page. Selecting a Valuation Method option will affect the Level of Property Review section of the Uniform Underwriting and Transmittal Summary as follows:
  • Full Appraisal selected in collateral defaults Exterior/Interior checked on the document.
  • Drive By selected in collateral details defaults Exterior Only checked on the document.
  • All other remaining selections in collateral details will default as No Appraisal on the document.

  You may change the selection on the Uniform Underwriting and Transmittal Summary in Document Data as needed.

  For existing transactions the selection that had been made on the Uniform Underwriting and Transmittal Summary will be retained and collateral details will be updated as follows:
  • Exterior/Interior selected on the document will have Full Appraisal selected in collateral details.
  • Exterior Only selected on the document will have Drive By selected in collateral details.
  • No appraisal selected on the document will have None selected in collateral details.

  The Valuation Method is also currently available on the interface page for ULDD which will be updated in a future release.

• The Appraisal Document FileIdentifier is now available on the collateral details page when an option other than blank or None has been selected for Valuation Method and Type of Mortgage is Fannie Mae, Freddie Mac, FHA, or VA on the Loan Definition page. The Appraisal Document File Identifier does not print to any documents; however, it is also currently available on the interface page for ULDD which will be updated in a future release.
• You can indicate in Administration within your calculation policies to Use the current date in the ATR/HOEPA/HPML/QM tests if the Rate Lock Date is blank. When this is selected and the Rate Lock Date is blank at transaction time, the date that you submit the transaction will be used as the rate lock date in the ATR/HOEPA/HPML/QM analysis. When this is not selected in Administration, a Rate Lock Date is required at transaction time for a successful submission and the date entered will be used the ATR/HOEPA/HPML/QM analysis.
• We have added the Refund exceeded tolerance amount option to the bottom of the Comparison of Loan Estimate and Closing Disclosure Fees section on the Calculations page. The amount disclosed in J. Total Closing Costs on the Closing Disclosure is reduced by excess tolerance amount when Refund exceeded tolerance amount is checked. Previously, completing a refund was done within Document Data on the Closing Disclosure by checking Settlement Service charge excess refunded in the Cash to Close Item - Total Closing Costs Amount section.

• As of July 1st, 2017 ComplianceOne® assumptions will only support Microsoft® Internet Explorer (IE) browser version 11 or newer. You can upgrade at any time prior to July 1st, 2017.

  Chrome is also supported and is automatically updated on your system with the latest version.

• When in the closing phase of a transaction, the Status column within the Fees section of the Calculations page has been updated for the following scenarios:
  • Fees that are Paid By Borrower with a Variance Type of 0% will no longer display Changed – Tolerance Exceeded when the fee amount decreases.
  • Fees that are Paid By Lender will display Changed – Tolerance Exceeded when the fee amount decreases.

  No changes were made to documents or the Comparison of Loan Estimate and Closing Disclosures Fees section on the Calculations page.

• Hurricane Insurance is now an option in the Description list for Escrow on the Calculations page. In addition, Earthquake Insurance, Hurricane Insurance, and Windstorm Insurance are now options within Assessment Non-Escrowed Other Item Type in Document Data under the Estimated Property Costs section of the Loan Estimate and Closing Disclosure.
• In the Prorations section of the Closing Disclosure page, the order of Paid By and When Paid have been switched on the page to display left to right as When Paid and Paid By. When a proration is paid at closing, Paid By will be hidden and the proration will print on to the Closing Disclosure in the Borrower's Transaction and Seller's Transaction columns of the Summaries of Transactions section. Any transactions with prorations that are paid by lender, borrower, or third party will print on the Closing Disclosure only when paid before closing. Review When Paid and Paid By in your transactions and recreate documents if necessary.
• The Universal Credit Application Real Estate and Universal Credit Application Real Estate Without Government Monitoring have been updated so the ‘No. of Units’ and ‘Year Built’ fields in Section 3 function the same as on the Fannie Mae 1003 Freddie Mac 65 Uniform Residential Loan Application. With this change, these fields allow entry of only whole numbers.

  For existing transactions which use the Universal Credit Application Real Estate, if you had entered something other than a whole number, for example “one” in ‘No. of Units’ or “05-04-2016” in ‘Year Built’ you are required to reenter the data in a numeric format such as 1 and 2016, respectively. You are not required to take any additional steps for those existing transactions where a whole number was entered as this information will appear on the Universal Credit Application Real Estate when opening the transaction.

• Within Document Data for the Notice of Action Taken, the option for Telephone has been removed from Document Delivery Type in the Transaction Data section because it did not print on the document. The option of Not Specified will be selected when an existing transaction is opened that had previously selected Telephone.
• If the document policy and/or template applied at transaction indicates Select the Notice of Information (Pre-Sharing), the Notice of Negative Information (After-Sharing) document can now be selected on the Document Data page within the Post Closing phase by de-selecting If true the lender provides the Notice of Negative Information Pre-Sharing. Previously, the Notice of Negative Information (After-Sharing) could not be generated if the applied document policy/template had indicated Select the Notice of Information (Pre-Sharing).
• The validation warning indicating ‘The total of 10% tolerance fees exceeded’ on the Print page has been corrected to appear in cases where the tolerance was exceeded when one of the fees had Fee is not applied at Closing. Previously, if Fee is not applied at Closing was selected for at least one fee where the 10% Variance Type was selected on the Fee Details page but the total of fees that were applied at closing exceeded the 10% threshold the warning was not displayed on the Print page.

• You can now set the following options in Administration within your document policies and then apply them at transaction time by selecting that document policy:
  • Include the Notice of Intent to Proceed document by indicating Select the Notice of Intent to Proceed
    • This document can still be added to the document list when not selected in Administration by selecting Lender desires the Notice of Intent to Proceed form when in the application phase on the Document Data page.
  • Include the Fannie Mae 1003 Freddie Mac 65 Uniform Residential Loan Application document (URLA) by indicating Select the Fannie Mae 1003 Freddie Mac 65 Uniform Residential Loan Application (URLA).
    • This document can still be added to the document list when not selected in Administration by selecting Use Fannie Mae1003 and Freddie Mac 65 URLA on the Document Data page.
    • The URLA does not support all transaction types. As a result, when the URLA does not support the transaction the Credit Application Real Estate will be presented in the document list. An example would be transactions with trust borrowers.

  Review your document policies and templates in Administration to determine if changes are needed. For existing transactions, if you refresh a previously chosen Document Policy or Template or select a new Document Policy or Template on the Loan Definition page, the choice made in your document policy will be applied when you create documents.

• Partial Payments Application Method Type has been made available at transaction time in the Note section of the Closing Disclosure on the Document Data page. Previously, partial payment policy selection was available only in Administration on the Document Policy page.
• In Administration, on the Document Policy page in the Closing Documents section, partial payments are applied and held until the rest of the payment is received has been added to the Partial Payment Policy options. If chosen two checkboxes will be selected on the Closing Disclosure within the Loan Disclosures section under Partial Payments.
  • may accept payments that are less than the full amount due (partial payments) and apply them to your loan, and
  • may hold them in a separate account until you pay the rest of the payment, and then apply the full payment to your loan
• The product supports adding a service provider at transaction time. In the application phase, on the Fee Details page for fees where the Section is Services Borrower Cannot Shop For or Service Borrower Can Shop For an area labeled Added at Transaction Time has been added to the Service Provider section. Within that area, to add a service provider that was not previously entered in Administration select + Individual or + Entity and then enter the Service Provider Information. When a service provider is added at transaction time, it will print to the Written List of Providers document. Service providers added at transaction time will not be added or stored in Administration and are used only in the transaction where it was added.

• As of July 1st, 2017 ComplianceOne® assumptions will only support Microsoft® Internet Explorer (IE) browser version 11 or newer. You can upgrade at any time prior to July 1st, 2017.

  Chrome is also supported and is automatically updated on your system with the latest version.

• On the party details page for any party that is an entity, the label Land Trust Trustee or a Land Trust has been updated to Illinois Land Trust Trustee or an Illinois Land Trust. The functionality related to selecting this option has not changed. The label was clarified to provide a better understanding of the intended usage of this field.
• On the Loan Definition page, when selecting refresh on a template, a message has been added to confirm you want it to refresh the data associated to the template. For example, when a fee policy is associated to the template, clicking refresh will remove all fees from the Calculations page and replace them with the fees from the associated fee policy.
• On the collateral details page for Mobile Home (Personal Property/Residence) collateral, Year, Make, Model, Vehicle Identification Number, Serial Number, Length, Width, and Color have been added. These items were previously entered on the Document Data page. They are now available on both the collateral details and the Document Data page. Changes made in either location will be saved to both locations. For existing transactions, if you entered information in Year, Make, Model, Vehicle Identification Number, Serial Number, Length, Width, or Color on the Document Data page, it will also appear on the collateral details page.
• Previously when transactions were in the Closing phase and a fee with a 0% tolerance was added, there was no checkbox in the Remove column to allow those fees to be deleted. This has been fixed.
• For transactions that have no fees in Section E. Taxes and Other Government Fees on the Loan Estimate, the Recording Fees and Other Taxes and Transfer Taxes rows on page 2 have been updated so that blank is printed instead of $0. For existing transactions with this specific situation, review, calculate and recreate documents if necessary.
• On new transactions, information that is entered in the Released Collateral section on the Document Data page now saves. The data in the Released Collateral section is defaulted from the details entered on the Collateral page and is available to change on the Document Data page. If you subsequently make changes to collateral details on the Collateral page, the Released Collateral data will also be updated with those changes.
• On the Document Data page, Maximum Amount Secured is defaulted with the Loan Amount from the Calculations page for each piece of collateral. This amount will stay current for each collateral item based on the Loan Amount on the Calculations page until the amount is changed on the Document Data page. For existing transactions, review and recreate documents if necessary.
• On the Document Data page, on the credit application documents, the Abbreviated Legal Description for Application Documents is saving. Previously, when one of the following actions was taken, the abbreviated legal description was being removed inadvertently:
  • a fee was deleted,
  • the organization or document policy data was refreshed,
  • the collateral was changed,
  • or the Application Received Date was changed.
• On the loan documents, including the Agreement to Provide Insurance, the individual signer for a Revocable Trust was not printing. This has been updated so that the name of the individual signer for the Revocable Trust now prints to the documents as intended.
• On the Print page, the following validation notice has been removed for application phase variable rate VA or FHA transactions:

  Notice: An ARM early disclosure may be required for this transaction; one is not currently provided.

• Within Administration on the Loan Definition policy page your policy administrator can set a default value for HMDA Applies. Once the loan definition policy is associated to a template, you can use the template while creating your transactions. The HMDA Applies value updates when you refresh the selected template or select a different template from the list.
• In Administration on the Contacts page, you can add Settlement Agents and Settlement Agent Contacts. As with other contact types, a default settlement agent and contact can be defined per organization and will default based on the Organization selected at transaction time.

  At transaction time on the Loan Definition page, in addition to selecting Other (User Defined) to define a Settlement Agent and Settlement Agent Contact, you can select from the settlement agents and settlement agent contacts entered in Administration. The information entered in Administration for the chosen settlement agent and settlement agent contact prints to the Contact Information section on the Closing Disclosure. Other (User Defined) remains in the list as a way for you to enter a settlement agent and/or settlement agent contact that may not be listed in Administration.

  If your organization conducts certain transactions with collateral located in Tennessee or Indiana, you may have selected Lender as Closing Agent under the Transaction section on the Document Data page when your organization was acting as the closing agent. This field would appear for the following transactions:
  • In the application phase or closing phase when the purchase money real estate collateral was located in Tennessee selecting Lender as Closing Agent would select the Notice of Acknowledgement With Respect to Owner’s Title Insurance-TN document.
  • In the closing phase when the single family dwelling collateral was located in Indiana, the organization lien position was first lien and purchase money selecting Lender as Closing Agent would select the Property Tax Benefits-IN document.

  Lender as Closing Agent no longer appears on the Document Data page and instead these documents will now be selected in the scenarios listed above if your administrator has selected Organization is Settlement Agent when creating a settlement agent in Administration and that settlement agent is used in the transaction.

  If Lender as Closing Agent was selected within Document Data on an existing transaction, the field will no longer appear and the document will remain in your document list. If this was not selected in Document Data and is applicable to your transaction, you will need to make the selection in Administration to include the document in your transaction.

• On the Calculations page we have added a 'calculate' button at the top of the page next to the 'collapse all' and 'expand all' buttons. These buttons will stay at the top as you are scrolling allowing quick access to calculate the transaction.

• On the Party Details page for an entity, the Business Name for a trust entity now only allows 170 characters. Previously, when the document name plus the trust business name was more than 255 characters an error occurred and documents did not print. An example of how to enter a long trust name, you could:
  • within the Business Name enter 'The Swift Family Trust'
  • within the Related Parties section individually enter each trustee
    • John Swift
    • Cory Swift
    • Samantha Swift
    • Elizabeth Swift
• Based on feedback from the User Summits, the Source of Funds has been moved to the Financial Analysis page from the Disbursements page allowing us to hide the Disbursements page in the application phase. The Source of Funds is used on the Uniform Residential Loan Application (1003) and the Loan/Uniform Underwriting and Transmittal Summary documents.
• The ability to enter the real estate broker for the buyer and seller have been moved to the Collateral page and prints to the Contact Information section on the Closing Disclosure. In Administration on the Contacts page, you can add Real Estate Broker and Real Estate Broker Contacts. At transaction time on the Collateral page, in addition to selecting Other (User Defined) to define a Real Estate Broker and Real Estate Broker Contact, you can select from the real estate brokers and real estate broker contacts entered in Administration. The information entered in Administration for the chosen real estate broker and real estate broker contact prints to the Contact Information section on the Closing Disclosure. Other (User Defined) remains in the list as a way for you to enter a real estate broker and/or real estate broker contact that may not be listed in Administration.
• On the collateral details page for any real estate collateral, Legal Description has been added. The legal description was previously entered on the Document Data page. It is now available in both collateral details and on the Document Data page. Changes made in either location will be saved to both locations. For existing transactions, if you entered information in Legal Description on the Document Data page, it has been retained and will appear in both collateral details and Document Data.
  • In addition, when the collateral is located in Iowa, Missouri or Washington, Use Exhibit or Addendum for Legal Description has been added. If Use Exhibit or Addendum for Legal Description is selected, Describe Document Containing Legal Description is made available in collateral details in place of Legal Description.
• On the Calculations page, the Escrow section has been updated to save changes made to the Escrow Items when the transaction contains both an escrow item with a frequency of selected and an escrow item with a frequency of semiannually, annually or monthly and the browser being used is Google Chrome. Previously, when using Google Chrome the changes made to the escrow item with a frequency of semiannually, annually or monthly were not being saved.
• On the Calculations page, we have resolved an issue where you received an error message stating that the page was unavailable when trying to view the Best Case Amortization Schedule in a variable rate transaction. This behavior occurred when certain Index Months were selected on the Calculations page. The issue was resolved, and now the Best Case Amortization appears without error for all Index Months.
• On the Loan Estimate and Closing Disclosure, in the Projected Payments table - Year 1 column, there was an issue where the minimum payment amount for a variable rate loan was printing the lowest calculated amount, when actually for the first year, the payment amount entered into the Current Payment Amount field was lower and should have been printed as the minimum amount. This has been fixed. For existing transactions, review, calculate and recreate documents if necessary.
• On the Document Data page, the Employee Badge ID within the Current Employer section on the Request for Verification of Employment document is saving.

• On the Parties page in the Employment Information section, the term of employment and amount of time in profession are now collected as years and months. Previously, you could only enter a whole number of years.
• When in the closing phase of a transaction and you change a fee which causes a variance violation, it will now display the tolerance was exceeded within the Fees section of the Calculations page.
• In Administration within your calculation policies, you can choose to use one field to determine the down payment/funds from borrower, funds for borrower and closing costs financed instead of the two fields that are collected today. If Use one field to determine Down Payment/Funds from Borrower, Funds for Borrower, and Closing Costs Financed (Paid from your Loan Amount) is selected when setting up a calculation policy in Administration, the following occurs:
  • On the Calculations page during the application phase, Disbursements Not Disclosed in Total Closing Costs will replace both the Total Existing Debt Being Satisfied and Payments to 3rd Parties Not Disclosed in Total Closing Costs fields. Disbursements Not Disclosed in Total Closing Costs is used to determine Closing Costs Financed (Paid from your Loan Amount), Down Payment/Funds from Borrower, and Funds for Borrower as applicable.
  • On the Closing Disclosure page during the closing phase, Disbursement Not Disclosed in Total Closing Costs will replace Existing Debt Being Satisfied. Selecting Disbursement Not Disclosed in Total Closing Costs for an adjustment will include the adjustment in the calculation of Down Payment/Funds from Borrower or Funds for Borrower as applicable.

  For existing transactions where you will be using this new option and the amounts for Total Existing Debt Being Satisfied and Payments to 3rd Parties Not Disclosed in Total Closing Costs are different values, review the Calculating Cash to Close section on the Calculations page; calculate and recreate documents if necessary. For additional information, refer to the question How does my calculation policy affect the Calculating Cash to Close section? and What is Disbursements Not Disclosed in Total Closing Costs?in Help.

• You can now:
  • Exclude the lender signature from printing on the First Payment letter by selecting Exclude Lender Signature on the First Payment Letter in your Document Policy applied at transaction time.
  • Exclude the borrower signature from printing on the Notice of Right to Receipt Copy of Appraisal by selecting Exclude Borrower Signature on the Notice of Right to Receive Copy of Appraisal in your Document Policy applied at transaction time.

  Review your document policies in Administration to determine if changes are needed. For existing transactions, the signature line will print to the document. If you refresh a previously chosen Document Policy or select a new Document Policy on the Loan Definition page, the choice made in your Document Policy will be applied when you create documents.

• On the Closing Disclosure and the Notice of Sold or Transfer of Mortgage Loan Closed End, the Partial Loan Payment language is now set based on the Document Policy applied at transaction time. Review your document policies in Administration to determine if changes are needed. For existing transactions, the partial payment selection previously made within Document Data will remain present and will print to your documents. If you refresh a previously chosen Document Policy or select a new Document Policy on the Loan Definition page, the choice made in Administration will impact your transaction.

• On the Financial Analysis page, when an ampersand (&) is entered it will print correctly to the documents. Previously, &amp was printing. For existing transactions, review and recreate documents if necessary.
• The Settlement Agent and Settlement Agent Contact have been moved to the Loan Definition page and prints to the Contact Information section on the Closing Disclosure. The ability to enter settlement agents and their contacts within Administration and then selecting the applicable name from the Settlement Agent and Settlement Agent Contact lists will be available in a future release. At this time, select Other (User Defined) to enter the information. Previously, you entered the data on the Document Data page, existing transactions will retain the data and it will appear on the Loan Definition page.
• On the Calculations page, Index Year has been added. The Index Month and Index Year will now print in the $10,000 example paragraph of the Adjustable Rate Mortgage Program Disclosure and the Adjustable Rate Mortgage Disclosure Conventional. Index Year can be defaulted based on the Variable Rate Policy applied at transaction time. Review your variable rate policies in Administration to determine if changes are needed. On existing transactions, if you entered the information in Index Rate Month and Year on the Document Data page, it has been retained and will appear on the Calculations page. If you refresh a previously chosen or select a new Variable Rate Policy on the Calculations page, the choice made in Administration will impact your transaction. Review the Index Month and Index Year for possible changes, calculate and recreate documents if necessary.
• When you change the Collect As for a fee on the Calculations page, it will clear the Calculation Results section. The Collect As can impact the calculated amounts on your transaction. Select Calculate at the bottom of the Calculations page to refresh them.
• For variable rate transactions with mortgage insurance, the Projected Payments table on the Loan Estimate and Closing Disclosure have been updated so that a payment change supersedes the use of a column for the mortgage insurance termination. This change was made based on informal guidance from the CFPB. For existing transactions, review, calculate and recreate documents if necessary.
• On the Veterans Affairs Loan Analysis document, the applicant's age is calculated based on their birth date and the Application Received Date on the Loan Definition page.

• You can now exclude the date the document was generated from printing in the document footer by selecting Do not include date in the document footer in your Document Policy applied at transaction time. Review your document policies in Administration to determine if changes are needed. For existing transactions, the date will print to the document footer. If you refresh a previously chosen Document Policy or select a new Document Policy on the Loan Definition page, the choice made in your Document Policy will be applied at document generation time. For additional information, refer to the question How are my documents affected if I select 'Do not include date in the document footer' in my Document Policy? in the Print section in Help.
• On the Calculations page, you can add up to 50 fees to a transaction. This has increased from the previous limitation of 30 fees per transaction.
• On the Calculations page, when using a template, the Service Providers will come in as unselected. You can also select all or unselect all per page by selecting the checkbox in the header of the Service Providers table within the Fee Details.

• In the application phase on the Collateral page for a mobile home, the Seller Information is Unknown will no longer display after adding a seller and an unlimited number of sellers can be added.
• When you add a seller to mobile home collateral, it will no longer add it as an owner. Prior to this change, sellers added to mobile home collateral were also added as owners of that collateral.
• Calculations for Closing Adjustments that are entered on the Closing Disclosure page have been updated. All Closing Adjustment Items that will be paid Before Closing will still show in the Summaries of Transaction section as POC. However, they will no longer be included in the Adjustments and Other Credits on the Calculating Cash to Close section of the Closing Disclosure. Additionally, these items will not affect the Cash to Close total on the Summaries of Transactions section of the Closing Disclosure.
• On the Loan Estimate and Closing Disclosure, there was an issue where the Loan Term could have been incorrect for transactions where the maturity date was on a leap day of a non-leap year. This has been fixed. For existing transactions, review, calculate and recreate documents if necessary.
• On the Loan Estimate and Closing Disclosure, there was an issue where the maximum payment was lower than the minimum payment in the Final Payment column of the Projected Payments table on transactions with interest rate changes occurring up to and through a balloon payment (i.e. short term). This has been fixed. For existing transactions, review, calculate and recreate documents if necessary.
• On the Closing Disclosure, there was an issue where the Section E total was not including transfer taxes. This has been fixed. For existing transactions, review, calculate and recreate documents if necessary.
• On the Loan Estimate and Closing Disclosure, as well as on the Revised Loan Estimate Cover Letter and the Revised Closing Disclosure Cover Letter, the Loan Officer Phone Number field has been updated to use "ext" in place of "X."