Merge New Credit Report with Existing Data

Overview

Release 6.0.4000 includes the following changes to the workflow for running credit in oPOS:

• When oPOS users attempt to run credit on a loan that already has credit data, they will now be given the option to merge the new credit report with the old information or to replace it with the new report.

Merge Credit Data

If credit data exists for the active loan and the oPOS user attempts to run new credit on the "Credit" page of the loan application, a modal window will appear and ask the user if they would like to merge the new credit data with the existing information. 

• If replacement is selected, all existing credit report data will be removed and replaced with the existing credit report data.
• If merge is selected, the account number will be used to identify matching data.
  • Payment and balance information will be updated.
  • Disposition, REO, and contact data will remain unchanged. 

After selecting an option, clicking Proceed will run the credit report as directed

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Acceptance Criteria

1. Log in to oPOS
2. Create a new purchase loan
3. Complete the loan application, attaining green check marks on all pages from "Personal" to "Income"
4. Navigate to the "Credit" page of the loan application
5. Click Run New Credit Report
   • VERIFY: Credit Report is completed successfully with correct information entered in previous steps
6. Navigate to the "Shop for Rates" page: Menu > Pricing & Fees > Shop for Rates
7. Shop for and apply a loan product
   • VERIFY: user is directed to the "Loan Details" page
8. Navigate to the "Credit" page of the loan application: Menu > Application > Credit
9. Click on the drop-down arrow on the Reissue Credit Report button
10. Click Run New Credit
11. Select Merge new credit data with existing data
12. Click Proceed 
    • VERIFY: credit data is populated on the User Interface with the data provided above
    • VERIFY: credit report and UI data match