Feature Enhancements in Version 19.4

Investors now have the flexibility to use their own loan limit effective dates instead of the Encompass Product & Pricing Service's (EPPS’s) standard loan limit effective dates. Once an investor submits their effective dates to EPPS Technical Operations (TechOps), the investor’s effective dates will override the EPPS effective dates for qualifications, and the Conforming and ConfLimit expressions for Conditions and Matrices in Custom Program Management (CPM).

Prior to this release, the Conforming expression for Conditions and Matrices in CPM was true if the loan amount for the current loan was less than or equal to the applicable GSE General Conforming limit amount from the Loan Limits table based on the subject property characteristics. In this release, the expression has been updated to return the following values:

• For loan programs with a Product Type of “Agency”, “Non-Agency”, “USDA”, or Non-QM”, the applicable GSE General Conforming limit amount based on the subject property characteristics.
• For loan programs with a Product Type of “FHA” or “VA”, the applicable Ginnie Mae limit based on the subject property characteristics.

In addition, if TechOps has added an investor’s loan limit effective dates to the Loan Limit Effective Dates table, the investor’s effective date will override the effective date from the Loan Limits table.

The ConfLimit expression for Conditions and Matrices in CPM has been updated to return the following values:

• For loan programs with a Product Type of “Agency”, “Non-Agency”, “USDA”, or Non-QM”, the applicable GSE General Conforming limit amount based on the subject property characteristics.
• For loan programs with a Product Type of “FHA” or “VA”, the applicable Ginnie Mae limit based on the subject property characteristics.

In addition, if TechOps has added an investor’s loan limit effective dates to the Loan Limit Effective Dates table, the investor’s effective date will override the effective date from the Loan Limits table.

An Other HELOCs link has been added to the General tab to enable users to view other HELOC Draws and other HELOC Lines for first lien loans, which affect the CLTV/LTV/HCLTV calculations. This link is only displayed if the first lien loan has other HELOC Draws or other HELOC Lines, including “0” values.

When the link is clicked, a pop-up window is displayed with Other HELOC Draws and Other HELOC Lines and their respective values.

The Non-QM Standard Product has been added to the standardProducts object in the loanQualifier and eligibility endpoints’ input schemas API to enable Encompass TPO Connect users to request Non-QM loan programs and have them included in their qualification results.

A vertical scroll bar has been added to the Zip Code/County modal that is displayed on the Property tab when a zip code is entered in Encompass that spans multiple cities/counties. This feature addresses an issue that was reported (EPPS-23304) where the Zip Code/County table was cut off, which prevented users from navigating down the table or reaching the OK button.