OVERVIEW
- This Feature will add HUD Line 801a mapping information for the Loan Origination Fee to the Export to Encompass service.
Description
- This Feature will add HUD Line 801a mapping information to the Export to Encompass service. The Loan Origination Fee will be able to be Exported to HUD Line 801a.
Detailed Functionality
- This Feature will add HUD Line 801a mapping information to the Export to Encompass service. The Loan Origination Fee will be able to be Exported to HUD Line 801a.
Configuration & Prerequisite Information
- EMAE must be configured for Export to Encompass.
Acceptance Criteria
Use Case # 1:
- Prerequisite:
- Follow instructions form Dev on how to set up the Loan Origination Fee in Fee Manager to Export to Encompass HUD Line 801a
- Note: Fee Manager may need to be updated during testing to verify the mapping for certain attributes, such as the APR Indicator
- Clients will have to setup Origination fee in their Fee Manager in each environment as a 801aa fee (meaning hudline = 801, subhudline = aa). This can be accomplished by using import functionality and setting up this fee in import spreadsheet.
- Note: Fee Manager may need to be updated during testing to verify the mapping for certain attributes, such as the APR Indicator
- Follow instructions form Dev on how to set up the Loan Origination Fee in Fee Manager to Export to Encompass HUD Line 801a
- Log in to Loan Center
- Begin completing a new loan application
- Navigate to the Closing Costs Details page
- Add a Loan Origination Fee
- Enter data in each field in the row for the fee (including Pay to, Paid By, etc.)
- Export the loan to Encompass
- Open the new loan in Encompass
- Navigate to the 2015 Itemization
- Verify All 801a related fields (for Loan Origination Fee) are mapped correctly
- Verify Fields 388 and 454 are populated correctly
- Switch to 2010 GFE
- Menu > Forms > RESPA-TILA Form Version > RESPA 2010 GFE and HUD-1
- Navigate to the 2010 Itemization
- Verify All 801a related fields (for Loan Origination Fee) are mapped correctly
- Navigate to the 2010 GFE
- Verify All 801a related fields (for Loan Origination Fee) are mapped correctly
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