Feature Enhancements in Version 20.2 (Banker Edition)

(Updated on 9/25/2020)

When working in a loan using the URLA 2020 forms, you can now enter foreign addresses on various input forms for addresses that could possibly be outside the United States, for example the mailing address for a borrower who currently lives in a foreign country or the address of an employer located outside the United States.

Encompass does not support loans for subject properties located outside the United States and U.S. government loans (FHA, VA, USDA-RD) to borrowers with addresses outside the United States are also not supported. These updates apply only to address fields for non-government loans with loan-related individuals and companies who have addresses outside the United States.

These address sections now include a new Foreign Address checkbox. By default, the Foreign Address checkbox is cleared .When the checkbox is selected:

• The label for the State field changes to State / Province / Region

• The label for the Zip field changes to Zip Code / Postal Code

• The Country field, which is not editable for non-foreign addresses, becomes editable and a Find icon displays. Manually type a value in the Country field or click the Find icon to open a Select Country window.

If you select and then clear the Foreign Address checkbox, Encompass populates US in the Country field

When you click the Find icon, a Select Country window opens. Select a country from the list or type all or part of a country’s name in the Search field to narrow your selection. Click here to view a list of the countries available in the list. When finished, click Select to populate your selection to the Country field.

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When working with loans using the URLA 2020 forms, foreign addresses are available for the following borrower and co-borrower address blocks on the 1003 URLA Part 1, 1003 URLA Part 2, 1003 URLA Part 3, Borrower Summary – Origination, and Borrower Summary – Processing:

• Current, former, and mailing addresses

• Employer or business address for Current/Self Employment and Income, Additional/Self Employment and Income, and Previous Employment and Income

• Additional Property

Foreign addresses are also available in the address blocks on the following verification input forms and input forms and tools for loans using the URLA 2020 forms

• ATR/QM - Basic Info tab

• Borrower Summary - Origination

• Borrower Summary - Processing

• Closing Disclosure Page 1

• Construction Management - Basic Info tab

• File Contacts:

  • Borrower

  • Co-borrower

  • Seller 1

  • Seller 2

  • Seller 3

  • Seller 4

• FL Broker Contract

• HUD 1003 Addendum

• Loan Estimate Page 1

• Property Information

• Statement of Denial

• Transmittal Summary

• ULDD/PDD - Fannie Mae tab

• ULDD/PDD - Freddie Mac tab

• Verifications:

  • Verification of the Other Liability

  • Verification of Deposits

  • Verification of Employment

  • Verification of Liabilities

  • Verification of Mortgage

  • Verification of Residence

Encompass output forms will eventually be updated to include the foreign addresses on the output forms.

Verification of Mortgage

When the Subject Property checkbox (field ID FM0128) is selected on the Verification of Mortgage input form, the address is copied from the Property Address on the 1003 URLA Part 4 and 1003 URLA - Lender. If a foreign address was previously entered on the Verification of Mortgage input form, the Foreign Address checkbox (field ID FM0158) will be cleared and US will be populated for the Country (field ID FM0157).

Home Counseling Providers

When the Foreign Address checkbox (field ID FR0129) is selected for the borrower’s Current Address, the Get Agencies button is disabled on the Home Counseling Providers input.

If needed, temporarily enter a U.S. address to enable the button.

Synchronizing Foreign Address Blocks Within and Between Forms

Encompass uses the following logic to synchronize foreign address blocks that display on multiple forms or that are copied or synchronized to other address blocks:

• When using the Copy From buttons or the Same as Current checkboxes to populate an address block, the updated address block will use the same fields as the address block from which it is being copied. For example, when copying a foreign address into an address block, the address block will be converted into a foreign address block with the Foreign Address checkbox selected.

  When you click the Copy From Present button for the subject property address, the subject property address will not be populated if the current address is a foreign address.

• When the Do Not Apply checkbox is selected, the Country field and Foreign Address checkbox are disabled.

• Corresponding address fields and data (including the Foreign Address checkbox) are synchronized across the URLA form and the following forms:

  • Verification of Employment

  • Verification of Mortgage

  • ATR/QM Management

  • Borrower Summary - Processing

  • Construction Management

(Updated on 10/9/2020)

A new version of the document viewer is now available upon request for qualified Encompass customers. The new document viewer displays in the Encompass eFolder and on the Documents page on Encompass TPO Connect and Encompass LO Connect websites. Documents display in the new viewer for any loans created after the viewer is enabled for your company. The new viewer was developed in-house by Ellie Mae and eliminates the limitations and issues that occurred with the Adobe-based viewer that was previously used to view file attachments. The following new functionality and updates are available with the new viewer:

• Cloud storage is leveraged for increased reliability and performance.

• Bookmark and thumbnail navigation panels enable easy access to pages in a PDF file.

• Faster loading time implemented for multi-page files. The first page loads immediately so viewing can begin. Other pages load in the background.

• Multiple edits enabled within a file, including splitting, reordering, and deleting pages.

• The proprietary Print window used in the old document viewer has been replaced with a standard browser Print window.

For detailed information about using the new viewer, refer to the Using the New Encompass Document Viewer guide.

To request the new document viewer, customers can submit a service request via the Ellie Mae Resource Center.

Customers who use the Encompass Developer Connect APIs or the Encompass SDK must consider the following when upgrading to the new document viewer:

• API users must upgrade to new v3.0 Encompass Developer Connect eFolder: Attachment APIs, which are available today on the Encompass Developer Connect website (developer.elliemae.com).

• Custom SDK builds must be updated to support the new document viewer. No changes are required for SDK methods.

(Added on 9/25/2020)

A new field for Additional Terms and Conditions required by Lender (field ID DISCLOSURE.X1214) has been added to the State Specific Disclosure Information input for Tennessee. Use this field to enter any other terms and conditions required by the lender that will display on the output form

(Added on 9/25/2020)

A new Flood Information section has been added to the Property Information input form to enable the entry of additional information related to the documentation of LOMA/LOMR on the flood certificate. This information is typically imported from a flood certification provider, but it can be entered manually.

Starting with the TQL Services 20.2 January 2021 Service Pack Release, Letter of Mapped Changed Date (field ID TQL.X108), Letter of Mapped Changed Case Number (field ID TQL.X109), Flood Program Code (field ID TQL.X110) fields will be automatically updated with the CoreLogic Flood Service Report response.

The new section includes the Flood Zone dropdown list, which has been moved from the Subject Property section, plus existing flood-related fields in Encompass and the four new fields listed in the table below.

(Added on 9/25/2020)

Updates have been made to the formatting and validation logic used for the Encompass fields listed below under the following two scenarios.

Scenario 1

The following fields can now be populated with variants of Not Applicable (NA, na, n/a, Not Applicable, Not appl.) or Included (incl, INCL, incl, INCL., incl., Included, INCLUDED) so these values can be populated to output forms:

• Hazard Insurance (field ID 122)

• R.E. Taxes (field ID 123)

• Mortgage Ins. (field ID 124)

• HOA Dues (field ID 125)

• Other (field ID 230)

• Proposed Monthly Mortgage Insurance (field ID 232)

• Proposed Monthly Association/Project Dues (field ID 233)

• Proposed Monthly Property Taxes (field ID 1405)

• Second Lien Hazard Insurance (field ID 1726)

• Second Lien Taxes (field ID 1727)

• Second Lien Mortgage Insurance (field ID 1728)

• Second Lien HOA Fees (field ID 1729)

• Borrower Credit Score for Decision Making (field ID 4174)

• Co-Borrower Credit Score for Decision Making (field ID 4177)

• Mortgage Property Monthly Expense (field ID FM0021)

• Trans Detail Rate Spread (field ID HMDA.X15)

• Discount Points (field ID HMDA.X35)

• Debt-to-Income Ratio (field ID HMDA.X36)

• CLTV (field ID HMDA.X37)

• Multifamily No Units (field ID HMDA.X41)

• Total Loan Costs (field ID HMDA.X77)

• Total Points and Fees (field ID HMDA.X78)

Scenario 2

Validations have been added to the following fields to ensure that Encompass users do not inadvertently enter excess decimal values when completing numerical fields or enter a number in a field that should contain only alphabetic characters:

• HMDA Borrower Age (field ID 4183)

• HMDA Co-Borrower Age (field ID 4184)

• Origination Charges (field ID HMDA.X79)

• Lender Credits (field ID HMDA.X80)

• Interest Rate (field ID HMDA.X81)

• Prepayment Penalty Period (field ID HMDA.X82)

• Loan Term (field ID HMDA.X83)

• Intro Rate Period (field ID HMDA.X84)

• Property Value (field ID HMDA.X85)

• NMLS Loan Originator ID (field ID HMDA.X86)

• Borrower Credit Score for Decision Making 1st (field ID HMDA.X116)

• Borrower Credit Score for Decision Making 2nd (field ID HMDA.X116)

• Co-Borrower Score for Decision Making (field ID HMDA.X118)

• Correspondent Expenses Proposed Hazard Insurance (field ID CORRESPONDENT.X31)

• Correspondent Expenses Proposed Taxes (field ID CORRESPONDENT.X32)

• Correspondent Expenses Proposed Mtg Ins. (field ID CORRESPONDENT.X33)

• Correspondent Expenses Proposed HOA (field ID CORRESPONDENT.X34)

• Correspondent Monthly Premium Amount (field ID CORRESPONDENT.X83)

An error message now displays when an incorrect value is entered in one of these fields.

(Added 11/2/2020)

The Total Closing Costs (field ID VASUMM.X138) and Recoupment Closing Costs (field ID VASUMM.X139) in the Opening Veteran Comparison Statement section on the Qualification tab on the VA Management input form can now be updated before a Closing Disclosure record is created in the Disclosure Tracking tool. Previously these fields were no longer editable after an initial Loan Estimate record was created in the Disclosure Tracking tool. This update makes it possible to use the current Loan Estimate values for the VA Rate Reduction Certification in the event of a re-disclosure prior to creating the first Closing Disclosure tracking record.

(Added on 3/9/2021)

To support lenders who are originating HFA loans, when a loan has a Note Rate (field ID 3) of 0.00% and payments of $0.00 are entered on a customized Projected Payments tables on the Loan Estimate input forms, the customized amounts are retained in the Projected Payments table and the following updates are implemented on the Loan Terms Table:

• The Monthly Principal & Interest (field ID 4085)

• Total Est. ___ Payment (field ID 3291) is populated with Monthly or Biweekly, based on the selection made for the Biweekly checkbox (field ID 423)

• When the Total of Payments (field ID CD5.X1) is locked and set to $0.00, that value is populated to the output form

Previously, when the projected payments table was customized with $0.00 payments and a note rate of 0.00% was entered for the loan, Encompass did not persist the $0.00 payment on the projected payments table or in the loan terms table.

CBIZ-33428

(Added on 9/25/2020)

A new property insurance checkbox has been added to the Loan Program template in the Encompass settings (Encompass > Settings > Loan Templates > Loan Programs) to enable administrators to configure the default selection for the property insurance checkbox on the HELOC Management input form. The new Borrower can obtain property insurance from or through Lender checkbox (field ID 4661) is located at the bottom of the Important Terms Disclosure section on the Loan Program Details pop-up window that displays when you create or open a loan program template in the setting. The checkbox in the setting is cleared by default.

When the Loan Program template is applied to a loan, the checkbox selection in the setting is applied as the default selection for the checkbox in the Important Terms Disclosure section on the HELOC Management input form in the loan.

When the checkbox is cleared, the following text displays on the output form:

You may not obtain required property insurance from or through us.

(Added on 10/2/2020)

The following new fields have been added for correspondent lending purposes. These fields do not display on any Encompass existing input forms, but they can be added to custom input forms and are available in the Encompass Reporting Database

• Assignment Type (field ID CORRESPONDENT.X476) dropdown list

• Cash to/from Borrower Amount (field ID CORRESPONDENT.X477) two-decimal numeric field

• Includes Wind/Hail (field ID CORRESPONDENT.X478) checkbox

• Renovation (field ID CORRESPONDENT.X479) checkbox

• Modification (field ID CORRESPONDENT.X480) checkbox

• Modification Date (field ID CORRESPONDENT.X481) date field

• Cash to/from Borrower Indicator (field ID CORRESPONDENT.X482) checkbox

• Document Receipt Date (field ID CORRESPONDENT.X483) date field

• Seller Paid Discount Fees (field ID CORRESPONDENT.X484) two-decimal numeric field

• Discount Points Paid by Other (field ID CORRESPONDENT.X485) two-decimal numeric field

(Added on 10/2/2020)

A new set of repeatable fields have been added for correspondent lending purposes to collect information about documents that need to be provided by the borrower, co-borrower, or both. Repeatable fields can be used to capture the same type of information for multiple records. The fields do not display on existing Encompass input forms, but they can be added to custom forms and business rules, and they are available in the Encompass Reporting Database.

• Borrower Type (field ID DOCPROV0001) dropdown list

• Document Name (field ID DOCPROV0002) text box

• Required (field ID DOCPROV0003) checkbox

• Date Provided (field ID DOCPROV0004) date field

Currently, an ATR/QM patch is in place for GSE-approved loans, resulting in less stringent ATR/QM guidelines for these loans. This patch is scheduled to expire in 2021, when GSE loans will be subject to the standard ATR/QM guidelines. A new policy setting for ATR/QM has been added to the Encompass Admin Tools to enable administrators to set the expiration date for the patch. By default, the date is set to 4/21/2021. Additionally, updates have been made to the ATR/QM Management input form in Encompass to support the expiration of the GSE patch and changes have been made to the ATR/QM logic for GSE loans (described below), which will take effect after the expiration date configured in the setting.

These updates are being released with Encompass 20.2, but these features will not be needed until the ATR/QM GSE patch expires in 2021.

A new Agency/GSE QM Available row was added to the ATR/QM Eligibility section on the ATR/QM Eligibility tab on the ATR/QM Management form. If it is beyond the expiration date for the patch, Encompass displays a Does not meet ATR/QM icon (a red flag) in the field (field ID QM.X380) in the new row under the Agency/GSE Qualified Mortgage column. This new field is read-only and is reportable in the Encompass Reporting database.

When a red flag displays in the Agency/GSE QM Available field, red flags also display in the Agency/GSE Qualified Mortgage column above the column header (field ID QM.X62) and in the Safe Harbor Eligibility row (field ID QM.X82) in the Safe Harbor Eligibility section. Otherwise the logic for these indicators remains the same.

The following logic is used when applying the expiration date policy to a GSE loan:

• Encompass populates a red flag in the Agency/GSE QM Available field when the loan’s Creation Date (field ID 2025), Disbursement Date (2553), Closing Date (748), or Scheduled Closing Date (763) is after the expiration date set in the policy.

• When all the consummation dates are blank or invalid, Encompass leaves the two ATR/QM fields blank.

• Otherwise, Encompass populates a Meets ATR/QM Standard icon (a green check mark)

A new Disable email check popup checkbox is now provided in the Loan Setup > Channel Options settings screen. This option will be enabled only when the Correspondent checkbox is selected. When this Disable email check popup checkbox is selected, the Email Check pop-up message that is usually triggered when a loan is saved and a borrower email address (field ID 1240 or 1178) is not provided will no longer be triggered.

The following updates have been made to the Personas setting.

A new Company/User Account Management option has been added to the Personas > External Settings tab. Administrators and authorized users with this persona option enabled will be able to perform account management activities in Encompass TPO Connect for TPO Connect users. For example, the Encompass user could log into Encompass TPO Connect, and then select the account for a user with the Manager role. They would then be able to view the Pipeline in Encompass TPO Connect and perform the same loan level activities that the Manager can (which is existing functionality that users can use today) and now also click the Manage Account link under the user's name (in the top-right corner) and perform all those activities as well (for example, manage users, state licensing, etc.).

Please note, this setting is enabled in Encompass, but it is not being applied to Encompass TPO Connect administration pages yet. The updates needed to complete this functionality in Encompass TPO Connect will be provided in a future Encompass TPO Connect release.

Support for Windows Server 2016 and Windows 10 (Build 1909) is being introduced with Encompass 20.2.

(Added on 10/2/2020)

The Encompass ZIP code database has been updated with the latest available ZIP code data.