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Old LP in Point 5.1Expand / Collapse
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Posted 8/17/2005 3:10:41 PM
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I installed Point 5.1 today and really liked it UNTIL I started working on the last file of the day.  Looks like the LO ran it through LP a couple of weeks ago and didn't enter the AUS Key number in Point.  Normally, it's not a big deal, but with 5.1 the space for the Key number is greyed out.  So how am I supposed to upload this file without getting charged for it again?  Surely I'm missing something here...

Any thoughts?

Post #223
Posted 8/17/2005 3:21:07 PM
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I actually figured out a temporary fix.  My computer is the only one that we've upgraded to 5.1, so I was able to open the file on another computer running 5.0 and enter it.  Now it's showing up in the 5.1 greyed out screen.

However, I'd still love to know if there's a way to fix this without having to do what I did.  Also, what is the "LP Loan Identifier" box meant for?  I haven't seen that before...

Post #224
Posted 8/19/2005 7:43:23 AM
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The LP Loan Identifier is a unique id associated with the loan submitted to LP. Its just like LP Key Number and does not generate a new LP Key Number.

It is located on your Feedback Certificate and is called the "Loan Prospector ID" and begins with a "L"

The best thing about 5.1 is you no longer need to copy and type LP Key Number back and forth, its all done automatically.

Post #246
Posted 8/22/2005 10:51:29 AM
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Another problem with the LP key number being grayed out is that you can't remove it if you are using a copied file.  We do a lot of repeat business and we copy our files and make changes specific to the new loan.  Unfortunately, because you can no longer remove the LP Key number you have to export the file to DU local and then import it into an empty file. It's the only way to get the LP# out of there!

 

Post #264
Posted 8/24/2005 4:24:10 PM
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Shoot! I didn't even think about that.  We do the same thing with our repeat customers.  The greyed out box is going to be more of a problem than I thought.

So, I guess I should assume that nobody knows a way around this?

Post #300
Posted 8/24/2005 4:40:38 PM


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Talk to Freddie they have a special Borrower master template you can use to clear the fields out.

Disclaimer:  This post carries no explicit or implied warranty. Nor is there any guarantee that the information contained in this post is accurate. It is offered in the hopes of helping others, but you use it at your own risk. The author will not be liable for any damages that occur as a result of using this post.
Post #303
Posted 8/24/2005 4:58:31 PM


Supreme Being

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To clear out the Key Number, I have attached a Borrower Master Template file that will remove the following fields at the top of the Loan Prospector screen.
  • LP Loan Identifier
  • LP Transaction Number
  • LP Key Number

1. Download the attached file. It is a zip file. You may need Winzip, or WinXP has its own built in zip file program
2. Open the ZIP file
3. The zip file contains one file: LPblankkey.bmt
4. Copy the file to your Pnttempl\Brwmastr directory (usually on your network drive if you have a networked installation of Point)
5. Open the loan in Point you wish to clear out the Key field
6. Go to File > Import From > Borrower Master File
7. Select the master file you copied from step 2
8. Click OK when import is finished.

These steps will clear the Key Number, LP Loan ID and LP Transaction ID. 

In the next release of Point, these 3 fields will not be grayed out.

Bryan
Point Product Manager


  Post Attachments 
LPblankKey.zip (206 views, 145 bytes)

Post #305
Posted 8/26/2005 9:01:17 AM
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Thanks for that template.  I'm sure it will come in handy.

However,  at this point I'm tempted to remove 5.1 from my computer and make sure no one else loads it.  I like everything except how it handles LP.  When I import the LP info into Point (which, correct me if I'm wrong, I HAVE to do to record the key number), it changes alot of data in my Point file.  For example, I had a comment in the remarks section of the REO that said "Primary Residence".  I hit the send to system button in LP, went back into Point and it was gone!  In addition, it added some information to some fields, and changed my borrower's names to all caps?????  As OCD as I am about my files, this is driving me nuts!!!!!

Oh, and not to mention loading files where the borrower's name contains an apostrophe! Somewhere during the "loading to LP" process, it changed my borrower's name from O'Henry to O'HENRY.  Seriously.  So I got an invalid result and had to start over.

Needless to say, I'm not impressed.  Which sucks because I love the new Cardex and the collapsible navi. bar.  Oh well, maybe next time...

Post #340
Posted 8/26/2005 9:51:28 AM


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I can understand your frustrations.

We are working with Freddie Mac on the borrower name issue.  Point sends the names to LP exactly the way you entered it.  On the LP website, Freddie Mac converts the name to uppercase for some odd reason. When you click Send to your System,  Point imports the data as Freddie Mac LP recorded it.  Not that this makes the situation any better. But we are working with Freddie and letting them know this is on their end.   

I am researching the other import issues you mentioned.

Glad you like the other features, though. Thanks for your feedback.

Bryan
Point Product Manager

Post #345