Change Log

This Change Log lists each entry that has been added, deleted, or modified since the initial release preview of the release notes was first published.

These items are listed in reverse chronological order (most recent change is listed first).

Change Type Change Date Details

Updated Entry

06/05/2025

The entry INDIANA: Periodic Interest Accrual Prohibition WARNING Status Message Replaced with PASS Status Message was updated to reflect the following changes: 

Before

ECS has been updated to include a new pass status message for users who submit an Indiana Junior-Lien loan without periodic interest accrual methods, replacing the previous warning status message. The WARNING status message has been removed.

After

ECS has been updated to provide a PASS message for Indiana Junior-Lien loans that do not use the 30/360 interest accrual method, which is prohibited by Indiana DFI regulation as of July 1, 2020. When a user sets the Interest Days/Days in a Year field (1962) to 365/365 and selects the Use Simple Interest Accrual checkbox (4749), it confirms that the loan will not use the 30/360 method, indicating that the loan aligns with the regulation. The change affects the handling of periodic interest accrual methods for Indiana Junior-Lien loans. The previous WARNING status message has been removed, and the PASS message will be displayed instead.

Initial Publication of Release Notes

05/06/2025

The initial version of this release notes document was published on this date.

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