Tracking Underwriting Status - Calyx Point 7 User Manual

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Tracking underwriting status

The
Underwriting
contains information about AUS runs and their costs, underwriter decisions, and the dates
of those decisions.
The
Underwriting
loan to all users. Typically, the underwriter uses it to enter the following information:
The Conditions button, located at the bottom of the workspace, opens the
screen which is used to track loan conditions.
To use the
Open a borrower file.
1
Point User Guide
Enter the
Principal Amount Purchased
Principal Amount Purchased
The
Loan Sale Date
in the
Enter the
Base Sell Price
percentages and any additional amount in the
Adjustments
Point calculates the
Final Net Sell Price
the
Final Gain/Loss on Sale
For information about creating dropdown lists, refer to
dropdown
lists, on page 44.
For information about automatic MERS number generation, refer to
Generating the Mortgage Identification Number
page 64.
Refer to
E-mailing
PDF passwords and e-mailing forms.
Refer to
Locking rates and registering
information about the
Refer to
Tracking underwriting
Underwriter
about the
Refer to
Program and rate lock
Program & Rate Lock Details
about the
screen is used to track the underwriting status of a loan. This screen
screen captures and displays the underwriting status of the subject
Automated Underwriting System (AUS) used
Run date
Loan decision
AUS cost (can also be prepopulated from a template)
Underwriting
screen:
.
Attention
field is enabled when a date is entered
field.
,
Service Release Premium
,
Net Sell Price
.
Related information
forms, on page 91, for information about setting
loans, on page 221, for
Registration & Rate Lock
status, on page 243, for information
screen.
details, on page 270, for information
dialog box.
Tracking underwriting status
,
, and
Overage/Rebate
and
fields.
%
,
Execution Variance
Creating
automatically, on
screen.
Conditions
Sell 
, and
243

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