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Enhancements to Credit/AUS - External Report

Charlie Gunn
  • Updated

Overview

Release 6.1.1000 provides support to allow TPO users to indicate when a credit report or AUS has been run outside the Cloudvirga system. This enables users to complete steps in the loan process that would typically require them to perform these actions within the system.

 

Configurations

To enable the external Credit Report or AUS functionality, an Admin user must configure the following settings in iMP System Admin > Configuration - Environment

  • "Credit.ManuallyEnterCreditScores" - set this configuration to "True" to display the option to Manually Enter Credit Scores on the "Credit" page in the loan application
  • "AUS.RanExternally" - set this configuration to "True" to display the AUS ran externally with finding checkbox on the "AUS" page 

Note: users will be unable to run AUS in the system after entering manual credit scores, so both of these configurations should be enabled together. 

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External Credit Report - Enter Scores Manually

When the "Credit.ManuallyEnterCreditScores" configuration is enabled, the Manually Enter Credit Scores button will appear on the "Credit" page. 

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Use the following steps to enter the borrower's external credit scores:

  1. Select the Credit Ran Externally checkbox to indicate that the credit report was procured externally, and enter the date that the report was obtained
  2. Enter the Credit Report number (optional)
  3. Enter the borrower's credit scores for any or all of the reporting agencies and select Done
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External AUS

When the "AUS.RanExternally" configuration is enabled, the AUS ran externally with findings checkbox will appear on the "AUS" page. 

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Select this checkbox when automated underwriting has been performed outside the system. When this box is selected, an additional field will appear to enter the Casefile ID for the external AUS report. Once this ID had been provided, use the drop-down menu on the right to select the AUS type.

 

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Acceptance Criteria

Use Case #1: System Admin - Configurations

 

Prerequisites:

  • Environment = oPOS (TPO)

Testing Process:

  1. Log in to iMP System Admin
  2. Navigate: Configurations > Configuration - Environment
  3. VERIFY: "Credit.ManuallyEnterCreditScores" configuration is listed
  4. Hover over the "Credit.ManuallyEnterCreditScores" configuration
  5. VERIFY: a tool tip is displayed with the following message:
    • Tool Tip message: "Setting to True will Show the "Manually Enter Credit Scores" button on the Credit screen. Setting to False will Hide the "Manually Enter Credit Scores" button on the Credit screen."
  6. VERIFY: "AUS.RanExternally" configuration is listed
  7. Hover over the "AUS.RanExternally" configuration
  8. VERIFY: a tool tip is displayed with the message
    • Tool Tip message: "Setting to True will Show the "AUS ran externally with findings" checkbox on the AUS screen and the Submit screen within the Run AUS task. Setting to False will Hide the "AUS ran externally with findings" checkbox on the AUS screen and the Submit screen within the Run AUS task."

 

Use Case #2: Configurations = False

Prerequisites:

  • Environment = oPOS (TPO)
  • Credit.ManuallyEnterCreditScores configuration = False
  • AUS.RanExternally configuration = False
  • Test user has the “AUS - Edit Case/Key ID” user privilege
  • Configure a loan product as follows:
    • AUS Options = DU, LPA
    • Default AUS option = DU
  • “Submit” page is configured to require the Run AUS task

Testing Process:

  1. Log in to oPOS (TPO)
  2. Start a New Loan Application
  3. Complete the Personal screen to get a green checkmark
  4. Complete the Property screen to get a green checkmark
  5. Complete the Assets screen to get a green checkmark
  6. Navigate to the Credit screen
  7. VERIFY: the "Manually Enter Credit Scores" button is hidden
  8. *Do Not Run Credit at this time*
  9. Complete the Demographics screen to get a green checkmark
  10. Complete the Declarations screen to get a green checkmark
  11. Complete the Income screen to get a green checkmark
  12. Shop for Rates
  13. Apply for a Loan Product
  14. Navigate to the Disclosures screen
  15. Request Disclosures
  16. VERIFY: the "Credit Needs to be Run" modal window is displayed
  17. VERIFY: the message in the modal window is "Please run Credit prior to requesting disclosures. Once Credit has been run please try requesting disclosures again."
  18. Click the "Open Credit Tab" button
  19. Run Credit and wait for the Credit results
  20. Navigate to the Disclosures screen
  21. Request Disclosures
  22. VERIFY: the "Missing Successful AUS Result" modal window is displayed
  23. VERIFY: the message in the modal window is "A successful AUS result must be obtained prior to requesting Disclosures. Loan Application must be completed in order to run AUS."
  24. Navigate to the Submit screen
  25. VERIFY: the Run AUS task shows the default icon, Not a green checkmark
  26. VERIFY: the "View AUS Page" link is hidden on the "Run AUS" task 
  27. VERIFY: the "Edit AUS Info" button is displayed and enabled on the "Run AUS" task 
  28. Click on the "Edit AUS Info" button
  29. VERIFY: the "Edit AUS Info" button is hidden
  30. VERIFY: the Run AUS task is expanded
  31. VERIFY: the "AUS ran externally with findings" checkbox is hidden
  32. VERIFY: the "AUS Type" dropdown field is shown, disabled and set to "DU" 
  33. VERIFY: the "Casefile ID" field is disabled
  34. VERIFY: a "Done" button is displayed in the bottom right of the Run AUS task in the expanded view
  35. Click "Done" 
  36. VERIFY: the Run AUS Task is collapsed
  37. VERIFY: the "Edit AUS Info" button is displayed
  38. Complete the Loan App (All tabs have a green checkmark)
  39. Navigate to the Submit screen
  40. VERIFY: the "View AUS Page" link is shown on the "Run AUS" task 
  41. Click on the "View AUS Page" link
  42. VERIFY: the user is navigated to the AUS screen
  43. VERIFY: the "AUS ran externally with findings" checkbox is hidden
  44. VERIFY: the "Casefile ID" and "Key ID" fields are enabled
  45. VERIFY: the "AUS Type" dropdown field is disabled and set to "DU"
  46. Run AUS concurrently and wait the AUS Results/Findings to come back (must be successful to continue)
  47. VERIFY: the "AUS Type" dropdown field is enabled
  48. Update the "AUS Type" selection to "LPA"
  49. Navigate to the Submit screen
  50. VERIFY: the Run AUS task has a green checkmark, indicating the requirement is met
  51. Click on the "Edit AUS Info" button
  52. VERIFY: the "AUS Type" dropdown field is shown, disabled and set to "LPA" 
  53. VERIFY: the "Key ID" field is disabled and populated with the Key ID on the AUS screen
  54. Navigate to the Disclosures screen
  55. Request Disclosures
  56. VERIFY: the Disclosures are requested

Use Case #3: Configurations = True 

Prerequisites:

  • Environment = oPOS (TPO)
  • Credit.ManuallyEnterCreditScores configuration = True
  • AUS.RanExternally configuration = True
  • Test user does not have the “AUS - Edit Case/Key ID” user privilege
  • Configure a loan product as follows:
    • AUS Options = DU, LPA
    • Default AUS option = DU
  • “Submit” page is configured to require the Run AUS task
  • The "DU/LPA Concurrent" radio button is set to "Yes" on the Freddie Mac - Vendor Product Settings found in the Vendor Manger for AUS
  • The Run AUS task on the Submit screen is configured to be a Required task to

Testing Process:

  1. Log in to oPOS (TPO)
  2. Start a New Loan Application
  3. Complete the Personal screen to get a green checkmark
  4. Complete the Property screen to get a green checkmark
  5. Complete the Assets screen to get a green checkmark
  6. Navigate to the Credit screen
  7. VERIFY: the "Manually Enter Credit Scores" button is shown
  8. *Do Not click on the button at this time*
  9. Complete the Demographics screen to get a green checkmark
  10. Complete the Declarations screen to get a green checkmark
  11. Complete the Income screen to get a green checkmark
  12. Shop for Rates
  13. Apply for a Loan Product
  14. Navigate to the Disclosures screen
  15. Request Disclosures
  16. VERIFY: the "Credit Needs to be Run" modal window is displayed
  17. VERIFY: the message in the modal window is "Please run Credit or set the "Credit Ran Externally" checkbox prior to requesting disclosures. Once Credit has been run or the checkbox has been set, please try requesting disclosures again."
  18. Click the "Open Credit Tab" button
  19. Click on the "Manually Enter Credit Scores" button
  20. VERIFY: the "Credit Information" modal window is displayed
  21. VERIFY: the "Credit Information" title is displayed in the modal window 
  22. VERIFY: the "Enter the credit information based on the credit run externally. If credit is run or reissued with this system, the manually entered data will be overwritten." text is displayed below the "Credit Information" title.
  23. VERIFY: the "Credit Ran Externally" checkbox is displayed 
  24. VERIFY: the "Credit Ran Externally" checkbox is checked by default and disabled
  25. VERIFY: the "Credit Report Date" is displayed
  26. VERIFY: the "Credit Report Date" has a red asterisk to the right of the field label
  27. VERIFY: the "Please note you will not be able to run AUS after you manually enter credit information." text is displayed below the "Credit Ran Externally" checkbox.
  28. VERIFY: the "Optional Information" subsection header is displayed above "Credit Report No."
  29. VERIFY: the "Credit Report No." field is displayed below the "Optional Information" subsection header
  30. VERIFY: the "Recommended for Pricing" subsection header is displayed above "Credit Scores"
  31. VERIFY: the "Credit Scores", "Equifax", "Experian" and "TransUnion" field labels are displayed in a row below the " field is displayed below the "Recommended for Pricing" subsection header
  32. VERIFY: the Borrower Name is displayed below the "Credit Scores" field label
  33. VERIFY: the data entry fields for the "Equifax", "Experian" and "TransUnion" values are displayed to the right of the Borrower name and inline with the field labels above.
  34. VERIFY: the "X" is displayed in the upper right hand corner of the modal window
  35. VERIFY: the "Cancel" button is displayed in the lower right hand corner of the modal window
  36. VERIFY: the "Done" button is displayed in the lower right hand corner of the modal window
  37. Click the "x" 
  38. VERIFY: the modal window is closed
  39. Click on the "Manually Enter Credit Scores" button 
  40. Click the "Cancel" button
  41. VERIFY: the modal window is closed 
  42. Click on the "Manually Enter Credit Scores" button 
  43. Click the "Done" button
  44. VERIFY: the "Credit Report Date" field is shown in the red alert style and displays red text below the field
  45. Enter a Credit Report Date
  46. Click the "Done" button
  47. VERIFY: the modal window is closed 
  48. VERIFY: the "Manually Entered" indicator is shown on the Credit Screen
  49. VERIFY: the Borrower Name is displayed on the Credit Screen 
  50. VERIFY: the Decision Score of  "0" is displayed to the right of the Borrower Name
  51. VERIFY: the "Credit Score" text with the "i" icon is displayed on the Credit Screen
  52. VERIFY: the "Credit Report" text with the document icon is hidden on the Credit Screen
  53. VERIFY: the "Report No." field is empty
  54. VERIFY: the "Credit" tab shows a green checkmark If any REOs exist, then you will need to complete the required data in the flyout.
  55. Click on the "i" icon
  56. VERIFY: the Equifax, Experian and TransUnion fields show a value of "N/A"
  57. VERIFY: the Middle Score field shows a value of "0"
  58. Click out of the modal window to close it
  59. VERIFY: the "Decision Score" in the Loan App Data Overview section shows a value of "blank"
  60. Navigate to the Shop for Rates 
  61. VERIFY: the "Decision Score" on the Shop for Rates screen shows a value of "0" 
  62. Navigate to the Credit screen
  63. Click on the "Manually Enter Credit Scores" button 
  64. Enter a Credit Report No.
  65. Enter 6802 into the Equifax field
  66. VERIFY: the field only accepts "680"
  67. Enter 7004 into the Experian field
  68. VERIFY: the field only accepts "700"
  69. Enter 7422 into the TransUnion field
  70. VERIFY: the field only accepts "742"
  71. Click the "Done" button
  72. VERIFY: the "Report No." field shows the value manually entered
  73. VERIFY: the following data has been updated
    • Equifax = 680
    • Experian = 700
    • TransUnion = 742
    • Middle Score = 700
    • the Decision Score displayed to the right of the Borrower Name (should be 700)
    • the Equifax, Experian, TransUnion and Middle Score in the "i" modal window have been updated
    • the "Decision Score" in the Loan App Data Overview section shows a value of "700"
    • the "Decision Score" on the Shop for Rates screen shows a value of "700"
  74. Navigate to the AUS screen
  75. Confirm you are on the "Fannie Mae-DU" tab
  76. VERIFY: the "AUS ran externally with findings" checkbox is set and disabled
  77. VERIFY: the "?" icon is displayed to the right of the "AUS ran externally with findings" text
  78. Hover over the "?" icon
  79. VERIFY: a tool tip message is displayed
    • Tool Tip Message: "AUS cannot be run in this system unless Credit is Ran/Reissued within this system"
  80. VERIFY: the "Casefile ID" field is shown and empty
  81. VERIFY: the "AUS Type" dropdown field is shown, enabled and set to "DU" 
  82. VERIFY: the "Casefile ID" field in the AUS findings component is disabled
  83. VERIFY: the "Submit DU" button is disabled
  84. Click on the "Freddie Mac - LPA" tab
  85. VERIFY: the "Key ID" field in the AUS findings component is disabled
  86. VERIFY: the "Submit LPA" button is disabled
  87. Navigate to the Submit screen
  88. VERIFY: the Run AUS task shows a green checkmark
  89. VERIFY: the "View AUS Page" link is shown on the "Run AUS" task 
  90. VERIFY: the "Edit AUS Info" button is displayed and enabled on the "Run AUS" task 
  91. Click on the "Edit AUS Info" button
  92. VERIFY: the "Edit AUS Info" button is hidden
  93. VERIFY: the Run AUS task is expanded
  94. VERIFY: the "AUS ran externally with findings" checkbox is shown, set and disabled
  95. VERIFY: the "?" icon is displayed to the right of the "AUS ran externally with findings" text
  96. Hover over the "?" icon
  97. VERIFY: a tool tip message is displayed
    • Tool Tip Message: "AUS cannot be run in this system unless Credit is Ran/Reissued within this system"
  98. VERIFY: the "AUS Type" dropdown field is shown, enabled and set to "DU" 
  99. VERIFY: the "Casefile ID" field is shown and empty
  100. Navigate to the Credit Screen
  101. Click the "Run New Credit Report" button
  102. Click the "Request" button in the Run New Credit Report modal window
  103. Wait for the Credit Request to complete and provide the successful response from the Credit Vendor
  104. VERIFY: the "Manually Enter Credit Scores" button is disabled
  105. VERIFY: the "Manually Entered" indicator is hidden on the Credit Screen
  106. VERIFY: the following data has been updated with the values from the Credit Response 
    • the Decision Score displayed to the right of the Borrower Name 
    • the Equifax, Experian, TransUnion and Middle Score in the "i" modal window have been updated
    • the "Decision Score" in the Loan App Data Overview section 
    • the "Decision Score" on the Shop for Rates screen 
  107. VERIFY: the "Credit Report" text with the document icon is shown on the Credit Screen 
  108. VERIFY: the "Credit" tab removes the green checkmark 
  109. Complete the required data in the flyout for each REO Record
  110. VERIFY: the "Credit" tab shows the green checkmark 
  111. Navigate to the AUS screen
  112. VERIFY: the "AUS ran externally with findings" checkbox is set and enabled
  113. Un-check the "AUS ran externally with findings" checkbox 
  114. Navigate to the Disclosures screen
  115. Request Disclosures
  116. VERIFY: the "Missing Successful AUS Result" modal window is displayed
  117. VERIFY: the message in the modal window is "AUS ran externally with findings" checkbox must be set prior to requesting Disclosures. Loan Application must be completed in order to run AUS."
  118. Navigate to the Submit screen
  119. VERIFY: the Run AUS task shows the default icon, Not a green checkmark
  120. VERIFY: the "View AUS Page" link is shown on the "Run AUS" task 
  121. VERIFY: the "Edit AUS Info" button is displayed and enabled on the "Run AUS" task 
  122. Click on the "Edit AUS Info" button
  123. VERIFY: the "Edit AUS Info" button is hidden
  124. VERIFY: the Run AUS task is expanded
  125. VERIFY: the "AUS ran externally with findings" checkbox is shown, not set and enabled
  126. VERIFY: the "?" icon is Not displayed to the right of the "AUS ran externally with findings" text
  127. VERIFY: the "AUS Type" dropdown field is shown, disabled and set to "DU" 
  128. VERIFY: the "Casefile ID" field is shown, disabled and empty
  129. VERIFY: a "Done" button is displayed in the bottom right of the Run AUS task in the expanded view
  130. Set the "AUS ran externally with findings" checkbox 
  131. Click the 'Save' button 
  132. VERIFY: the Run AUS task shows a green checkmark
  133. VERIFY: the "AUS Type" dropdown field and the "Casefile ID" field are enabled
  134. Enter a Casefile ID
  135. Expand the "AUS Type" dropdown field to 
  136. VERIFY: DU and LPA are listed
  137. Select LPA
  138. VERIFY: the "Casefile ID" field label is updated to "Key ID"
  139. VERIFY: the Key ID field is empty
  140. Click the "Done" button
  141. VERIFY: the Run AUS Task is collapsed
  142. VERIFY: the "Edit AUS Info" button is displayed
  143. Click on the "View AUS Page" link
  144. VERIFY: the user is navigated to the AUS screen
  145. VERIFY: the "AUS ran externally with findings" checkbox is shown, set and enabled
  146. VERIFY: the "?" icon is Not displayed to the right of the "AUS ran externally with findings" text
  147. VERIFY: the "AUS Type" dropdown field is enabled and set to "LPA"
  148. VERIFY: the Casefile/Key ID field to the right of the "AUS ran externally with findings" checkbox is defaulted to "Key ID" 
  149. VERIFY: the "Casefile ID" field in the AUS findings component is disabled
  150. VERIFY: the "Submit DU" button is disabled
  151. Click on the "Freddie Mac - LPA" tab
  152. VERIFY: the "Key ID" field in the AUS findings component is disabled
  153. VERIFY: the "Submit LPA" button is disabled
  154. Un-Check the "AUS ran externally with findings" checkbox
  155. VERIFY: the Casefile/Key ID field to the right of the "AUS ran externally with findings" checkbox is hidden 
  156. VERIFY: the "Key ID" field in the AUS findings component is enabled
  157. VERIFY: the "Submit LPA" button is enabled
  158. Click on the "Fannie Mae - DU" tab
  159. VERIFY: the "Casefile ID" field in the AUS findings component is enabled
  160. VERIFY: the "Submit DU" button is enabled
  161. Click the "Submit DU" button
  162. DU and LPA will be submitted concurrently 
  163. Wait for the AUS Results/Findings to come back
  164. VERIFY: the "AUS ran externally with findings" checkbox is un-checked and disabled
  165. VERIFY: the "AUS Type" dropdown field is updated to "DU"
  166. VERIFY: the "AUS Type" dropdown field is enabled
  167. VERIFY: the Casefile ID is updated with the ID from the AUS Response
  168. VERIFY: the "Casefile ID" field is disabled
  169. Click on the "Freddie Mac - LPA" tab
  170. VERIFY: the Key ID is updated with the ID from the AUS Response
  171. VERIFY: the "Key ID" field is disabled
  172. Navigate to the Submit screen
  173. VERIFY: the Run AUS task shows a green checkmark
  174. VERIFY: the "View AUS Page" link is shown on the "Run AUS" task 
  175. Click on the "Edit AUS Info" button
  176. VERIFY: the "AUS ran externally with findings" checkbox is un-set and disabled
  177. VERIFY: the "AUS Type" dropdown field is shown, disabled and set to "DU" 
  178. VERIFY: the "Casefile ID" field is shown, disabled and populated with the value on the AUS screen
  179. Navigate to the AUS screen
  180. Update the AUS Type to "LPA"
  181. Navigate to the Submit screen
  182. VERIFY: the Run AUS task shows a green checkmark
  183. VERIFY: the "AUS ran externally with findings" checkbox is un-set and disabled
  184. VERIFY: the "AUS Type" dropdown field is shown, disabled and set to "LPA" 
  185. VERIFY: the "Key ID" field is shown, disabled and populated with the value on the AUS screen
  186. Navigate to the Disclosures screen
  187. Request Disclosures
  188. VERIFY: the Disclosures are requested

 

Corresponding Feature(s): 438729

 

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