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# What's New 2015

The following describes key enhancements and important changes made to the product.

Date | Description
--- | ---
10/13/2015 | What's New for ComplianceOne® assumptions We have added an Exempt from TILA Reg. Z 1026.20(b) check box in the Loan Definition section. Checking this box prevents the autoselection of TILA-specific documents.
09/23/2015 | What's New for ComplianceOne® assumptions This release includes support for ATR/QM checks with the Wiz Sentinel interface. You now have the option to indicate the type of ATR/QM test applicable to the transaction. The data sent to Wiz Sentinel, calculations, and available repayment methods are affected by any ATR/QM designations. Additionally, the Prepayment Penalty is now included in the Wiz Sentinel checks for HOEPA/HPML and for ATR/QM review. The program now includes 2 new warnings that will display when applicable. When a prepayment penalty has been selected for a consumer, closed-end loan secured by a dwelling, the following warning displays on the Print tab: Prepayment penalties are prohibited for high-cost loans and are restricted for consumer, closed-end loans secured by a dwelling. When a Wiz Sentinel check is return and determines that the loan is a high-cost loan or when the user indicates that the loan is a high cost loan, the following warning displays on the Print tab: This is a high-cost loan. A high-cost loan cannot include balloon payments (with limited exceptions), negative amortization or prepayment penalties. Please, review your transaction carefully, and make sure that it does not include the terms that are not permissible for high-cost loans. We added a FHA HUD Program field to the program. This field displays whenever FHA is selected as Type of Mortgage and allows you to designate whether the transaction is Title I or Title II. Additionally, when Title I is selected, the program displays the Original Purpose-Home Improvement check box. PMI is now available for fixed-rate amortized balloon/balloon repayment method loans. What's New for ComplianceOne® assumptions Documents Closing Disclosure: Section L. Updated the collection prompt in Document Data to remove the prompt for Assumed or Taken Subject to Loan Amount prompt in the Collateral section. Also, the Unpaid Principal Balance now defaults to the Existing Loan(s) Assumed or Taken Subject To field of Section L (Paid Already By or on Behalf of Borrower at Closing) of the Closing Disclosure.
09/08/2015 | In Administration, the Loan Officer Contact field now supports a 10-digit phone number with a 7-digit extension number. Partial escrow is now supported. In the Escrow section of the Calculations page, the program now allows the ability to have an existing escrow account transferred to the new buyer with new escrow via the Combined Existing and New Escrow checkbox. In addition, an Existing checkbox is now available for escrow items. Use this checkbox to differentiate between new and existing escrow items on this transaction. This release includes the addition of FHA and VA as options available in the Type of Mortgage field in Loan Definition. Full FHA and VA functionality is not currently available; however, selecting either of these options allows you to define either the FHA or VA option on the Loan Estimate and Closing Disclosure documents in order to meet the TRID requirements. PMI/MI is not available for these two transaction types. The main calculations page now includes two new fields, Term at Origination and APR at Origination in preparation for supporting HOEPA and HPML checks.