Features and Enhancements for February 2017 Service Pack

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Features and Enhancements

Several new enhancements and features have been added Encompass LO Connect which provide more functionality to the 1003 forms. The following enhancements and features are now available:

  • Ability to calculate monthly income from an hourly figure.

  • Added Other Financing, Hazard Insurance, and Real Estate Taxescalculators to the Monthly Income & Combined Housing Expense page in a tablet view.

  • Added Assets and Liabilities Page - This page enables you to add and edit information that is found in the Assets and Liabilities section located on the 1003 page 2.

  • Added Declarations & Government Monitoring page - This page enables you to add and edit information that is located in the Declarations and Information for Government Monitoring sections on the 1003 page 3.

The calculation icon has changed from a calculator icon to a pencil icon . The Assets and Liabilities page and Declarations & Government Monitoring page are only available in the tablet view.

New Feature Tablet Mobile
Calculate monthly income from an hourly figure
Other Financing Calculator  
Hazard Insurance Calculator  
Real Estate Taxes Calculator  
Other Housing Expenses Calculator *  
Assets and Liabilities Page  
Declarations & Government Monitoring Page  

* To be added in a future release.

  1. On the Assets and Liabilities page, tap Add Institution.


  2. Enter the banking institution name and select which borrower the institution is associated with.

  3. Tap Add Account to add account information to the banking institution.


  4. To add another account tap Add Account. To delete an account tap the minus icon.

  5. To save your changes, tap Save.

  1. On the Assets and Liabilities page, tap Add Real Estate.

  2. Enter the real estate information.

  3. To add an additional real estate record, tap Add Real Estate.

  4. To remove a real estate record tap the X icon.

  5. To save your changes, tap Save.

  1. On the Assets and Liabilities page, tap Add Stocks and Bonds.

  2. Enter the stock or bond information.

  3. To add an additional stock or bond record, tap Add Stocks and Bonds.

  4. To remove a stock or bond record, tap the - icon.

  5. To save your changes, tap Save.

  1. On the Assets and Liabilities page, tap Add Vehicle.

  2. Enter the vehicle information.

  3. To add an additional vehicle, tap Add Vehicle.

  4. To remove a vehicle, tap the - icon.

  5. To save your changes, tap Save.

  1. On the Assets and Liabilities page, tap Add Other Assets.

  2. Enter the asset information.

  3. To add an additional asset, tap Add Other Assets.

  4. To remove an asset, tap the - icon.

  5. To save your changes, tap Save.

  1. On the Assets and Liabilities page, tap Add General Liability.

  2. Enter the liability information.

  3. To add an additional asset, tap Add General Liability.

  4. To remove a general liability, tap the - icon.

  5. To save your changes, tap Save.

 

ENCW-3244

Encompass LO Connect users using the tablet view can now sort loans based on information displayed in the Pipeline columns, by one column, in ascending or descending order. Tap the column header to sort the loans in Pipeline in ascending or descending order. A blue up or down arrow indicates the column being used to sort the loans and the current sort order (ascending or descending).

ENCW-2730

Encompass LO Connect users are now able to add and remove up to six borrower pairs on a loan file. When you add additional borrower pairs, separate sets of forms are created which enable you to record borrower data for each pair.

To Add a Borrower Pair:

  1. Open a loan file in Encompass LO Connect.

  2. On the borrower information card, tap +Add/Edit Borrower(s).

  3. Tap Add New to add a new borrower pair.

  4. Fill in the information for the new borrower or borrowers, and tap Save to save the borrower pair.

  5. To add an additional borrower, tap + New Borrower.

 

To Delete Borrower Pairs:

  1. On the borrower information card, tap +Add/Edit Borrower(s).

  2. To delete a borrower pair, tap the Trash icon.

 

To View Borrower Pairs:

  1. On the borrower information card, tap +Add/Edit Borrower(s).

  2. Tap the name of the borrower pair you wish to view, and then tap Save. The selected borrower is now the active borrower.

 

ENCW-3244

Encompass LO Connect users can now search for product and pricing scenarios from the Pipeline through the Encompass Product and Pricing Service (EPPS). When you submit a product and pricing search request, you can view a list of programs, rates, and prices matching the loan details. After selecting a program/rate/price combination, you can save the scenario or request a lock for the scenario. Selecting either of these options prompts you to enter a borrower and/or co-borrower name to save the product and pricing information.

Note: In order to use the scenario functionality, the loan officer persona must have the New Blank Loanoption enabled on the Pipeline tab in the persona settings in Encompass.

ENCM-953

To Order a Product and Pricing Scenario on a Tablet

  1. From the Pipeline, select the Scenario icon.

  2. Enter your Encompass Product &Pricing credentials, and then select Login.

  3. Enter the loan scenario information, and then select Search.

    Required fields are indicated by a red asterisk ( * )

  4. Once the Product & Pricing results are returned, select the Grey Arrow to view the details of a specific program.

  5. Select the Details button to view the details of a specific program.
  6. On the Program Details window, select Save Scenario to save the program details to a new loan or select Request Lock to save the information to a new loan and submit a lock request for the loan.

  7. Enter the borrower and/or co-borrower information and then select Save Scenario or Request Lock.

To Order a Product and Pricing Scenario on a Mobile Phone

  1. From the Pipeline, select the Menu icon and then select Scenario.

  2. Enter your Encompass Product &Pricing credentials, fill out the loan scenario information, and then select Search.

    Required fields are indicated by a red asterisk ( * )

  3. Once the Product & Pricing results are returned, select the Grey Arrow to view the details of a specific program.

  4. Select a loan program to view the details of a specific program.
  5. Select Save Scenario to save the program details to a new loan or select Request Lock to save the information to a new loan and submit a lock request for the loan.
  6. Enter the borrower and/or co-borrower information and then select Save Scenario or Request Lock.

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