Channel Options
Use the Channel Options tool to indicate the options available on the Channel list on the Borrower Summary form and to configure how NMLS reports will handle certain types of loans. The option selected on the Borrower Summary indicates how your company is handling a specific loan, such as Brokered or Banked.
Use the Channel Options tool to indicate the options available on the Channel list on the Borrower Summary form and to configure how NMLS reports will handle certain types of loans. The option selected on the Borrower Summary indicates how your company is handling a specific loan, such as Brokered or Banked. The NMLS Channels Options section includes two dropdown lists that allow administrators to configure how NMLS reports will handle Correspondent loans and loans that do not have a channel option selected.
To Select Channel Options and Configure NMLS Options:
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On the menu bar, click Encompass, and then click Settings.
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On the left panel, click Loan Setup, and then click Channel Options.
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On the Channel Options tool, all five options are selected by default. Clear the checkboxes for the options that will NOT be available for selection on the Borrower Summary form.
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The Disable email check popup checkbox 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.
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In the NMLS Channels Options section, select an option from the dropdown list for each loan type.
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Click the Save icon.