Support of Single Payment transactions
The commonly requested features listed below are currently not available for use in ComplianceOne mortgage (SaaS). Wolters Kluwer Financial Services will continue to develop and release market required features for ComplianceOne mortgage (SaaS).
Support of Single Payment transactions
Single Payment is available for non-construction, fixed or variable rate transactions.
Note: Single payment is available when the ATR/QM test field on Loan Definition is set
to either ATR or is blank. Single Payment is not available for QM or ATR and QM
transactions. Also, PMI and Escrow are not supported for Single payment
transactions.
Single payment construction transactions will be supported in a future release.
Select ComplianceOne mortgage Supported Features of the ComplianceOne Feature Guide for the latest information about these types of transactions.