Release 6.0.2000 includes the following changes to the IVES Participant Name Field in the Loan Center Tax Request forms:
- Additional support has been added to the Name Field within the Tax Request forms in Loan Center; specific forms affected by the update include:
- 4506-C: IVES Request for Transcript of Tax Return
- The second IVES Participant Names field can be used for "Care of" in/for:
- System Admin
- DocuTech Disclosures
- Exports to Encompass
- MISMO 3.4/Export to LOS
- The second IVES Participant Names field can be used for "Care of" in/for:
- SSA-89: Authorization for the Social Security Administration (SSA) To Release Social Security Number (SSN) Verification
- The Agent Name information for the SSA-89 is now included in the Docutech Request.
- 4506-C: IVES Request for Transcript of Tax Return
NOTE: This feature requires configuration additions to the JSON Blob, which CV customers must work with a CV team member to configure. JSON Blob enhancements are not listed externally within any documentation. Please reach out to a CV team member if test cases do not pass for this feature as configurations are automatically set with release deployment.
Acceptance Criteria
USE CASES
Use Case 1: Configuration
- Log in to System Admin
- Navigate to Configuration - Environment
- VERIFY: Disclosures.TaxTranscriptRequest.DefaultMappings has been updated with Sect5Name2
Use Case 2: Individually Filed Returns
- Log in to Loan Center
- Start a new Joint loan application
- Complete the Six Pieces of Information
- On the Income tab, enter Employment Records for both borrowers where Employment Type = Employed
- Click on the Edit Transcript Request Forms link
- Finish completing the Transcript Request Forms for both borrowers
- Shop for Rates and apply a loan product
- Request Initial Disclosures
- Wait for the Disclosure Package to be returned
- Open the Disclosure Package
- VERIFY:
- The IVES information in Section 5 of the 4506-C document(s) is populated correctly, as indicated in the Requirements
- The Agent Name information on the SSA-89 document(s) is populated correctly, as indicated in the Requirements
- Navigate to Integration Services
- Open the Docutech Vendor Request
- VERIFY: The Request XML includes the applicable updates for both the 4506-C and SSA-89 forms, as indicated in the Requirements
- Export the loan to Encompass
- Wait for the Export to Complete
- Open the loan in Encompass
- VERIFY: The value for Sect5Name2 has been Exported to Encompass correctly, as indicated in the Requirements
- Generate a Get Loan MISMO 3.4 XML
- URL: https://{{baseUrl}}loancenter.cloudvirga.com/api/loans/{{loanId}}?namespaceVersion=2&documentRequestOption=none
- VERIFY: The third party information for the 4506-C is populated in the XML correctly, as indicated in the Requirements
Use Case 3: Jointly Filed Returns
- Complete Use Case 1 steps 1-5
- Set Joint Return with Co-Borrower = Yes for the borrower's Transcript Request Form
- Finish completing the (Joint) Transcript Request Form for both borrowers
- Complete Use Case 1 steps 7-20
Use Case 4: Self-Employed - Borrower
- Complete Use Case 1 steps 1-3
- On the Income tab, enter the following Employment Records
- Borrower: Employment Type = Self-Employed
- Co-Borrower: Employment Type = Employed
- Complete Use Case 1 steps 5-20
Use Case 5: Self-Employed - Co-Borrower
- Complete Use Case 1 steps 1-3
- On the Income tab, enter the following Employment Records
- Borrower: Employment Type = Employed
- Co-Borrower: Employment Type = Self-Employed
- Complete Use Case 1 steps 5-20
Use Case 6: Multi-1003
- Test a multi-1003 scenario with a combination of attributes from Use Cases 2-5
- Individually Filed Returns
- Jointly Filed Returns
- Self-Employed - Borrower
- Self-Employed - Co-Borrower
- Complete any additional use cases deemed necessary to ensure that the Requirements in this feature have been satisfied.
*(Corresponding Feature number(s) - 449847)
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