Allowing Foreclosure Information to Display on Periodic Statements
When Foreclosure information is not Displayed on the Periodic Statement
Environment:
Servicing Director
Workaround:
For the required “Date of First Notice or Filing” to display on the Periodic Billing statement, you must first have a Default Record and Foreclosure Tracking Record set up in the Servicing Director Collections Module. On the New/Edit Foreclosure Tracking screen, enter the Date of First Notice or Filing. This date appears in the Delinquency Notice box of the next Periodic Billing Statement produced, if the loan is more than 45 days delinquent.
ArticleNumber:
000070830
Related Articles
Servicing Director Incorrect Company Address on Periodic Billing Statements, HFS Billing Statement Export, NCP Normal Export, or NCP Year-End Export
You may find that the incorrect company address is appearing on any of the following: Periodic Billing Statements HFS Billing Statement Export NCP Normal Export NCP Year-End Export. Workaround: For these statements and exports, the company address ...
Periodic Billing Statements are Generated for All Prior Months Instead of for Only the Current Month
You may find that when you run the Periodic Billing Statements Event in Servicing Director, that the statements generated are for all prior months for your loans, instead of for just the current month. Workaround: The design of the Periodic Billing ...
Periodic Billing Statements are Being Produced for Loans Where the Consumer is in Bankruptcy
You may find that Periodic Billing Statements are being produced for loans where the consumer is in bankruptcy, and you do not want to produce or send these out. Environment: Periodic Billing Statements are being produced for loans where the consumer ...
Servicing Director Periodic Billing Statement or HFS Monthly Billing Statement Export File Does Not Contain Co-Borrower Name and Information
You may find that the Periodic Billing Statement or the HFS Monthly Billing Statement Export File, generated from Servicing Director, does not contain the name and information of a co-borrower on a loan. Workaround: In order for the co-borrower name ...
HFS Billing Statement Export Event Does Not Include the Delinquency Notice Information in the F1 Record
You may find that the delivered Servicing Director Periodic Billing Statement will display a Delinquency Notice message box for an appropriate loan, but this message does not appear on the Servicing Director HFS Billing Statement Export Event file ...