edisclosures and econsent

The eDisclosure feature in Encompass® allows users to generate and send initial disclosure packages electronically to borrowers. Here’s a brief overview of how it works and some key functionalities: Generating eDisclosure Packages: Users can generate an initial disclosure package and send it to borrowers. Borrowers are notified via email that the documents are available on …

Anti-Steering Disclosure form

To Add the Anti-Steering Disclosure Form to the eDisclosures Packages: 1 On the menu bar, click Encompass, and then click Settings. 2 On the left panel, click eFolder Setup, and then click Documents. 3 Click the New icon. 4 In the Name field, enter a name for the document (such as Anti-Steering Safe Harbor Disclosure …

Encompass Mavent failure – Contract Rate cannot exceed 15% on a Fixed Rate First Lien Loan(1000168) FAIL

Under the Kansas Usury Law, the maximum interest rate cannot exceed 15% per annum. (Kan. Stat. Ann. 16-207(a)) Within the Bona Fide Discount Point Assessment tool, by going to ATR/QM Management > Qualifications tab > Points and Fees Section > click on Discount Points button [], clear out the value for Starting Adjustment Rate (field ID NEWHUD.X1720). Re-Run Mavent.

Encompass and docutech

There are many ways to send disclosures in standard encompass and there are sophisticated methods to send customized packages, letters etc using docutech. So, while settings we can decide which kind of packages we want to send like initial disclosures, redisclose, closing documents, processing documents and via which delivery method like esign, physical like fedex, …

Personas Continued-9

Manage Service Providers List • Select None to clear all the check boxes in the Categories list. Personas will not be permitted to search for a service provider nor add and select a service provider of their choice when ordering a service. NOTE: For the Appraisal service, you can also use the Appraisal Order Management …

Personas Continued-8

Manage Service Providers List Use the Manage Service Providers List setting to control the persona’s ability to search for a service provider or add and select a service provider of their choice when ordering a service in Encompass. 1 Click the Manage Service Providers List link • Select All to select all the service providers …

Personas Continued-7

The Itemization Fee Management settings impact the following Persona Overwrite settings: • If persona access has not been granted via the Persona Overwrite settings nor the Itemization Fee Management settings in the Personas setting, the persona will not be able to edit the fee description. • If persona access has only been granted via the …