Calyx Software Message Board / Calyx Point / Freddie Mac / Validation of data for DU/LP / Latest Posts

RE: Validation of data for DU/LP

Bryan Telford — Mon, 05 Jun 2006 11:06:57 GMT

Not yet. But hold those thoughts. We may be making changes to the LP Interface in version 5.4 if we upgrade to LP version 4.0

RE: Validation of data for DU/LP

sb1920alk — Mon, 05 Jun 2006 10:11:24 GMT

That's good.

What about general fields that are incomplete? EX: Declarations, HMDA, own/rent present address, etc.

Thanks,

RE: Validation of data for DU/LP

Bryan Telford — Mon, 05 Jun 2006 09:36:04 GMT

New in version 5.3 (due for shipping June 15)

Freddie Mac Loan Prospector Interface Error Checking
Interface updates and new error messaging were added to the Freddie Mac interface to help eliminate problems when data is submitted to Loan Prospector. Before submitting a loan to Loan Prospector, Point performs validations on certain areas of the loan file. Those areas that have not been filled out correctly must be filled out before the loan file can be submitted to LP.

1. Liability Months Remaining
2. Liability Description Type
3. REO/Liability Matching

Validation of data for DU/LP

sb1920alk — Mon, 05 Jun 2006 07:14:36 GMT

Our LOs take applications. Our processors run AUS. If there is something in the file missing that needs to be there, LP/DU, etc. gives an error prior to running AUS - which means the file goes back to the LO to fix. Is there a way for the LO to run this validation check but not actually run LP or DU, etc.? It's been several years, but I want to say Byte had a feature like this.

Thanks,