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| | | Forum Newbie
Group: Forum Members
Last Login: 8/3/2007 12:53:19 PM
Posts: 2, Visits: 6 |
| | I'm getting dizzy flip-flopping back and forth between borrower and co-borrower applications making sure all the common loan data is consistent on both applications. Having common loan data such as loan amount, interest rate, appraised value, property address, origination fee, underwriting fee, recording fee, attorney fees, real estate taxes, etc (there are too many to detail here) update on both applications when changed on one would definitely help preserve what little sanity I have. There are some bits of information that are 'loan level' and will be the same on all applications no matter how many borrowers or applications apply. Insuring that this data is consistent on all applications pertinent to the loan can be overwhelming when it changes during the processing of the file. I submit this request to the software developers and offer assistance in identifying which data items are 'loan level' vs 'borrower specific'. I've reviewed this with our processing manager and she agrees. Often when a file arrives for processing, there is conflicting information on the separate applications, requiring a conference with the loan officer to determine which information applies. |
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Sepal
Group: Moderators
Last Login: Today @ 4:06:35 PM
Posts: 1,183, Visits: 9,261 |
| | We started doing this for creating new files based off old ones and creating a sync for first and piggy back files. Co-borrower sync is not far off.
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| | | Forum Newbie
Group: Forum Members
Last Login: 9/10/2007 2:51:50 PM
Posts: 1, Visits: 1 |
| We agree fix it please
SORRENTO FINANCIAL |
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| | | Supreme Being
Group: Forum Members
Last Login: 1/2/2009 6:24:50 AM
Posts: 111, Visits: 1,218 |
| | Ditto to this sentiment here. I'm pretty sick of getting the doubling of the subject property payment on my combined transmittal 99.999999% of the time. |
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