GSE Integrations and Services 23.2 Major Release: Feature Enhancements
This section discusses the updates and enhancements to existing forms, features, services, settings, and mappings included in this release.
ULDD
DisclosedIndexRatePercent logic update:
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Xpath: MESSAGE/DEAL_SETS/DEAL_SET/DEALS/DEAL/LOANS/LOAN/TERMS_OF_MORTGAGE
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Attribute & field ID: DisclosedIndexRatePercent | field ID 688
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Updated Logic: Value in field 688 formatted to 4 decimal places (rounding up or down as needed) and value sent to DisclosedIndexRatePercent.
Rounding would only happen for 5 decimal place values, and will round up if the 5th decimal place is >= 6, or down if <= 5.
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All other existing logic for this attribute remains unchanged
The following ULDD Freddie Mac updates are included in this release:
Supported on Encompass 23.2 and later versions only: Encompass 23.2 introduces the new Freddie Mac LTV, CLTV, HCLTV calculated fields. The GSE 23.2 Major Release creates mapping to these new fields.
Details:
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Xpath: MESSAGE/DEAL_SETS/DEAL_SET/DEALS/DEAL/LOANS/COMBINED_LTVS/COMBINED_LTV
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Attributes & Sort IDs:
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CombinedLTVRatioPercent | Sort ID= 91
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HomeEquityCombinedLTVRatioPercent | Sort ID = 92
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Xpath: MESSAGE/DEAL_SETS/DEAL_SET/DEALS/DEAL/LOANS/LOAN/LTV
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Attribute & Sort ID: LTVRatioPercent | Sort ID = 255
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Updated Mapping Logic: Logic will look at the new fields first, if a value exists then stop. If a value does not exist in the new fields, then persist to the old fields.
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Xpath: MESSAGE/DEAL_SETS/DEAL_SET/DEALS/DEAL/LOANS/LOAN/LTV
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Attribute & Sort ID: LTVRatioPercent | Sort ID = 255
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Logic:
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If a value in LTV, field ULDD.FRD.CASASRN.X217, exists, send that value to LTVRatioPercent
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Or else, if no value exists in field ULDD.FRD.CASASRN.X217, then look at field 353. If field 353 has a value, send that value to ** LTVRatioPercent.
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Or else, if a value does not exist in either ULDD.FRD.CASASRN.X217 or 353, then do not send.
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Xpath: MESSAGE/DEAL_SETS/DEAL_SET/DEALS/DEAL/LOANS/COMBINED_LTVS/COMBINED_LTV
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Attributes & Sort IDs:
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CombinedLTVRatioPercent | Sort ID= 91
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HomeEquityCombinedLTVRatioPercent | Sort ID = 92
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Logic:
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If a value in CLTV/TLTV, field ULDD.FRD.CASASRN.X218, exists, send that value to CombinedLTVRatioPercent
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Or else, if no value exists in field ULDD.FRD.CASASRN.X218, then look at field 975. If field 975 has a value, send that value to ** LTVRatioPercent
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Or else, if a value does not exist in either ULDD.FRD.CASASRN.X218 or 975, then do not send.
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If a value in HCLTV/HTLTV, field ULDD.FRD.CASASRN.X219, exists, send that value to HomeEquityCombinedLTVRatioPercent
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Or else, if no value exists in field ULDD.FRD.CASASRN.X219, then look at field 1540. If field 1540 has a value, send that value to ** LTVRatioPercent
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Or else, if a value does not exist in either ULDD.FRD.CASASRN.X219 or 1540, then do not send.
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For HomeEquityCombinedLTVRatioPercent there is existing logic that requires that fields ULDD.X126 and .X132 be selected.
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The output values are rounded UP to the nearest whole Integer value in accordance with Freddie Mac Seller Guide Section 4203.2.
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XPath: MESSAGE/DEAL_SETS/DEAL_SET/DEALS/DEAL/LOANS/LOAN/PAYMENT/PAYMENT_RULE
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Attribute: InitialPrincipalAndInterestPaymentAmount - map to field ID ULDD.FRE.LoanInitialPrincipalInterestPayment
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Conditionality: IF Sort ID 510-LoanRoleType = "RelatedLoan"
Removed from mapping since there is no ULDD data point or corresponding Sort ID Number requiring this in the ULDD Phase IV updates
Encompass (Web and Desktop Versions)
Starting with the Encompass GSE 23.2 Major Release, Enhanced Conditions is supported on both desktop and web versions of Encompass. Authorized users working or adding conditions on a loan file can now customize or automatically import stips returned by the GSEs, and add them to the loan file for review.
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Desktop: Add Condition window in the eFolder updated with DU, EarlyCheck, and LPA options enabling authorized users to import and clear conditions accordingly
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Web Version: Add drop-down in the Conditions: Standard View window updated to import conditions from Fannie Mae (DU and EarlyCheck Findings) and Freddie Mac (LPA Certificate)
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Persona Configuration: Authorized Encompass users such as Encompass administrators need to enable the Add Conditions Persona setting in Encompass for users to import conditions in web and desktop versions of Encompass.
Currently Enhanced Conditions is supported for Fannie Mae DU and EarlyCheck, and Freddie Mac LPA only. FHA will be supported in a future release. For more information on Personas, see the Personas Encompass online help topic.
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All checkboxes/settings listed under Access Conditions> Add Conditions need to be selected/enabled
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Add Conditions setting needs to be individually enabled for each Condition Type Setting. For example:
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Select an option in the Condition Type Settings panel, such as Underwriting, and then select all the checkboxes under Add Conditions.
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Select another option in the Condition Type Settings panel, such as Preliminary, and select all the checkboxes under Add Conditions
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Repeat for additional conditions, as applicable.
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Enhanced Conditions Configuration: Enhanced Conditions need to be configured by Encompass admins for this feature to be available for Encompass users. For more information, see:
For the purpose of this exercise, we will import conditions from DU Findings.
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Open a loan file and click Conditions.
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In the Conditions: Standard View page, click the Add button and from the drop-down list, click DU Findings.
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Wait for the import to complete.
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All conditions in the DU response are available for selection.
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Use the checkboxes to select all, or a few, conditions.
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Use the Condition Type drop-down to apply a condition type to the selected responses.
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Click the Import button.
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In the Success window:
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Click OK to return to the Import Conditions page and import more conditions (Repeat from step 4.)
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Click OK & Exit to return to the Conditions: Standard View page.
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Use the Condition Type drop-down list to apply your filter and view the imported conditions.
For the purpose of this exercise, we will import conditions from DU Findings.
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Open a loan file and place a successful DU order.
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Click the eFolder icon.
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Click the Conditions tab.
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Click the New icon.
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In the Add Condition window, select Import From DU Findings, and then click OK.
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Wait for the import to complete.
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All conditions in the DU response are available for selection.
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Use the checkboxes to select all, or a few, conditions.
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Use the Condition Type drop-down field to apply a Condition Type.
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Click the Import button.
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In the Success window:
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Click OK to return to the Import Conditions window and import more conditions (Repeat from step 7)
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Click OK & Exit to return to the Conditions tab.
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The following message displays: The service you are running has updated loan file data. Encompass will close and re-open eFolder to prevent data loss.
Known Issue: The message referenced above will display and the eFolder refresh and reopen every time you import conditions, unless you select the Do not display the message again checkbox. This message will be removed in a future release for a more streamlined user experience.
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Select the Do not display the message again checkbox and click OK.
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Click the eFolder icon in the loan file.
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Click the Conditions tab to view the imported conditions.
Web Version of Encompass
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