This now creates a Problem when from within LP you "Send to Your System" - LP changes the box R I M to a blank and now calyx does not pick up debt in ratios or on 1008. Even Bigger problem you must now go back to each liability and re input the R I M box and when you do this for an existing liability the monthly payment changes to what Calyx uses as its formula and not what may be the correct payment from the credit report. So you have to reinput the monthly payment for R type liabilities. 

Considering how many times loans get rerun this makes you not want to use 5.1 anymore.

How do you pull credit in Point? If you order credit from the Services menu, this will auto-populate the Liability type drodpown list for you.  Also, to reconcile the problem of the missing indicator in the R/L/M box, you can press the Populate Liabilities button on page 2 of the loan application.   This will re-insert the liabilities on your loan app. 

I will keep this forum updated as we continue to work on the import hassles with Freddie Mac.

Bryan
Point Product Manager

Most people I talk to use the free credit infile that comes with LP. I suppose if you are super busy you can save a little time by ordering another credit report and having it auto populate, this just never made sense to me.

I asked a Fredddie Mac rep why they push the 3rd party credit report packages on their web site when they provied one free of charge and she didin't know. She told me most people use the free credit infile in LP.

Going back in to reinput this data is becoming quite cumbersome.  (and I'm using the credit through the Services menu, not the free LP infiles)