Feature Enhancements in Version 23.3 February Service Pack (Broker 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 February Service Pack release includes the following updates, which will be applied to users' Encompass client machines (23.3.0.5). 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.
State regulators in conjunction with the Conference of State Banking Supervisors (CSBS) announced a new version of the NMLS Mortgage Call Report (a report generated out of Encompass quarterly by state licensed lender and broker users) is due to go into effect on April 1, 2024 to include Q1 2024 loan data. This 23.3 February Service Pack release provides the required updates to support this new NMLS Mortgage Call Report.
To Generate the New Version 6 NMLS Mortgage Call Report:
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Click the Pipeline tab in Encompass, and then click the Pipeline menu.
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Point to Compliance Services, then click Generate NMLS Call Report.
The data for the report is pulled from the Reporting Database in Encompass. If any fields required for the report have not been added to the database, a pop-up window will ask you to contact the Encompass administrator.
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On the NMLS Call Report window, in the Report Options section, select an option from the Format dropdown list:
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Excel - Expanded: Generate data for an Expanded Mortgage Call Report in Microsoft Excel format. The Expanded report is intended for companies that are approved Fannie Mae or Freddie Mac Sellers/Servicers or are Ginnie Mae Issuers.
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XML - Expanded: Generate data for an Expanded Mortgage Call Report in XML format. The Expanded report is intended for companies that are approved Fannie Mae or Freddie Mac Sellers/Servicers or are Ginnie Mae Issuers.
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In order for the Version 6.0 (NMLS Rev.2024.1) option to display in the Version dropdown list, you must select one of these report formats.
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Select Jan - Mar and 2024 from the Quarter/Year dropdown lists to generate data for Q1 2024.
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Select Version 6.0 (NMLS Rev. 2024.1) from the Version dropdown list.
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If exporting to Microsoft Excel, select All or select a state from the list if needed.
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In addition, a new Business Activity dropdown field has been added to the NMLS Call Report pop-up window for use with Version 6 of the report only. Here you can select Lender (default selection) or Broker to determine the type of loan data to be included in the report.
- When Lender is selected, the report includes tabs for RMLA Section I, RMLA Section II, RMLA Section III, and Originators.
- When Broker is selected, the report includes tabs for Report and Originators.
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In the Loan Folders section, select one or more loan folders to include in the report.
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In the Applications in Process at the Beginning of the Period section, enter the number of loan applications that were in process from borrowers and from third parties at the beginning of the period covered by the report (in the appropriate Count field), and then enter the total dollar amount for borrower and third party loans.
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If exporting in XML format, enter the information for each state in which the company is licensed.
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Click Generate.
Refer to the NMLS Reports online help topic for detailed information about generating the report and links to the Generating and Uploading NMLS Mortgage Call Report Data guide.
CBIZ-57296, CBIZ-57337, CBIZ-56863
The Supplemental Insurance field (field ID URLA.X144) has been added to the 1400. Total Estimated Settlement Charges - Total Estimated Monthly Payment section of 2015 Itemization input form. This field is read-only and is populated by the supplemental insurance value entered on other input forms like the Loan Submission and Transmittal Summary.
CBIZ-57477
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