Feature Enhancements in Version 26.2 July Service Pack

Two new optional parameters, Paid By and Adjustment Reason, have been added to the following Rule Tasks on the Rule Definition.

• Adjust Final Price

• Adjust Final Price by Rate

• Adjust Rate

• Deduct a Profit Margin

Behavior:

• The Descriptions for Price Adjustments created using these Rule Tasks will be prepended with “[Paid By Abbreviation]-[Adjustment Reason Abbreviation]”.

• If no values are available for Paid By and/or Adjustment Reason, the respective parameter(s) will not be displayed on the Rule Definition.

Two new optional columns, Paid By and Adjustment Reason, have been added to the Custom Field Definitions.

Behavior:

• The dropdown options consist of a Name and Abbreviation in parentheses.

• The two columns are only available to the Data Types of “INTEGER”, “DECIMAL”, and “DECIMAL_n” where “n” equals 1, 2, 3, 4, 5, 6, 7, 10.

• When either column is populated, the Editable and Hidden checkboxes are disabled.  The Hidden checkbox is selected and the Editable checkbox is cleared, if selected.

A new DTI column has been added to the Results page. This enables you to easily confirm the DTI for individual programs.

The DTI will display as a dash in the column if no income check setting is enabled.

A new Info icon has been added next to the Standard Products field in the Simple Search section of the Results page. The icon will be displayed if the system detects a potential conflict with Up-Front Government fee factors.

When the icon is selected, a message is displayed warning that multiple products are selected with a potential conflict with their fee factors.

Three new fields, Income, Non-QM Doc Level, and DSCR, have been added to the Simple Search section of the Results page. This enables you to easily search for Non-QM programs without leaving the page.

• The fields will be displayed when “Non-QM” is selected as the Standard Product.

• The Non-QM Doc Level field will be displayed when “Full Income” or “Alternative Income” is selected in the Income field.

• The DSCR field will be displayed when “No Income” is selected in the Income field.

You can now see the Non-QM Doc Level value that was used when the loan was originally priced. This value now carries over and is displayed on the Search page during Buy Side Pricing and Lock Updates, so the doc level used to price the loan is not lost as the loan moves through the Lock process.

The Comments (field ID 2214) field on the Lock Request Form has been updated to display comments added during a Float.

Behavior:

• If the comments are modified from one Float to another Float, the newest comments will be displayed on the Lock Request Form.

• If a null comment is sent after a Float with comments, the Comments field will be null.

Qualification now accounts for the Bankruptcy Status (field ID 2570) when determining bankruptcy mapping. Previously, ICE PPE relied solely on the Open Bankruptcy (field ID 2568) and Date of Bankruptcy (field ID 2340) fields, which did not always reflect the most current bankruptcy information.

If Open Bankruptcy is not set to "None" but a Bankruptcy Status is present, ICE PPE now treats Open Bankruptcy as "None" for qualification purposes only; the Encompass values themselves are not changed. This ensures loans are qualified using the most current bankruptcy information. All other bankruptcy mapping logic remains the same.

A new Auto Set Values condition has been added to the Conditions tab on the ICE PPE - Search Page Customization setting. When configured, the condition will prepopulate a field with a value when the rule is met.

• Currently, dates are not supported.

• A field can accept more than one Auto Set rule.

• If there is more than one rule updating a field, the last configured condition in the configuration will take priority over all other changes.

The behavior of the Updated Lock Request Fields setting has been updated when the Summary Document on Quote Requests option is disabled (not selected).

When the option is disabled:

• A non-null pricing ID is generated corresponding to the selected pricing option.

• A summary quote (pricing document) is not generated.

The Price Adjustment Per Day field on the Lock Extension Policy Definition has been updated to accept “0” as a valid value, allowing lock extension policies to be configured with no daily cost.

The default configuration for the Loan Officer field in the Custom Search Page setting has been updated with the following conditions:

• Visibility - Visible with “No Rule”

• Disability - Disabled unless the user has the “User Rights: Can Set Loan Officer” permission

The Channel Rule Condition (CPM and Client) has been renamed to TPO Channel.

The URL mapped to the Status Center button on the Investor Dashboard has been updated. While the URL has changed to https://www.ice.com/status, the button continues to direct users to the ICE Status Center.

The Prepay Penalty Term Rule Condition (CPM and Client) has been updated to no longer list deleted terms in the Select Prepay Term dropdown list.

A new Apply LO Compensation Action has been added to the CPM and Client Matrix Definitions.

This feature was originally a part of the ICE PPE 26.1 May Service Pack 1 but was subsequently rolled back. It is now being reintroduced in this release.

When the Apply LO Compensation Action is selected, grid cells accept a comma-delimited set of exactly four values:

Validations:

• The validation is “Four parameters are required in each cell.”.

• Cells can be empty/blank.