Feature Enhancements in Version 23.3 January Service Pack (Banker Edition)

This section discusses the updates and enhancements to existing input forms that are provided in this release.

Updates to the Encompass Client Machines

The Encompass 23.3 January Service Pack release includes the following updates, which will be applied to users' Encompass client machines (23.3.0.4). This client update can be controlled manually via the Encompass Version Manager tool. If the tool has been configured to always apply new releases to users’ computers automatically, users will receive this update upon their initial log in of Encompass following the release.

Updates to ULDD/PDD Input Form for Fannie Mae and Freddie Mac Fields

Updates have been made to the Fannie Mae and Freddie Mac tabs on the ULDD/PDD input form to support ULDD Phase 4a specifications.

On the Fannie Mae tab, when the loan team member selects Other from the Property Valuation Method Type dropdown list (field ID ULDD.X29), an additional dropdown field (field ID ULDD.X190) now displays. They can then select the method type from this dropdown list.

A new enumeration, Hybrid Appraisal, has also been added to this other Property Valuation Method Type dropdown field list (field ID ULDD.X190). This dropdown field was already available on the Freddie Mac tab in previous versions of Encompass, and the new Hybrid Appraisal option is available in the dropdown list on this tab as well.

CBIZ-56415

On the Fannie Mae tab, one new enumeration for Value Acceptance has been added to the Investor Collateral Program ID dropdown list (field ID ULDD.X38).

On the Freddie Mac tab, three new enumerations have been added to the Investor Collateral Program ID dropdown list (field ID ULDD.X95).

  • Automated Collateral Evaluation

  • Property Data Collection

  • Value Acceptance

CBIZ-56417

On the Freddie Mac tab, two new enumerations have been added to the Loan Program Identifier dropdown fields (field IDs ULDD.FRE.LoanProgramIdentifier, ULDD.FRE.LoanProgramIdentifier2, ULDD.FRE.LoanProgramIdentifier3, ULDD.FRE.LoanProgramIdentifier4, ULDD.FRE.LoanProgramIdentifier5) in the Loan Terms and Amounts section.

  • BorrowSmart

  • HeritageOne

CBIZ-56869

 

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