The LO Compensation feature in Encompass enables companies to set up and track compensation paid to loan originators (loan officers, third party originators (brokers)) or the compensation being paid to your company by a wholesale lender if your company is acting as the broker. The feature includes an administrative setting for creating LO compensation plans, …
Month: July 2022
Average Median Credit Score Calculated for FNMA DU – 22.2
For loans submitted to FNMA Desktop Underwriter (DU), the Average Median Credit Score value is now being calculated by DU and returned in the response. The following Encompass updates have been implemented to accommodate this change: A new read-only Avg. Median Credit Score loan-level field (field ID AUS.X199) has been added to the to the …