Correcting an Investor Loan ID in Servicing Director

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• Changing the Investor on a Individual Loan in Servicing Director

  When a loan is boarded with the incorrect investor ID, the ID can be changed with the procedure below. You will need to do an investor loan transfer. First you will need to set up a loan transfer batch then you will need to add the loan to the batch. ...

• Investor Accounting Setting Up Loan Transfer Batches

  Use the Batch Setup screen to set up loan transfer batches when you want to transfer ownership of loans from your institution to an investor or from one investor to another. Loan ownership is transferred when the loan transfer batch is posted. After ...

• Adding More Than One Investor or Participant to a Servicing Director Loan

  Loans are sometimes owned by more than one investor. You can add additional investors, or participants, as they are called in Servicing Director, to a Servicing Director loan by using the New Participant screen. Total ownership of loans must always ...

• Setting Up a New Investor in Servicing Director

  The following steps describe how to set up a new Investor in Servicing Director when your Secondary Marketing Department sells a loan(s) to an investor that is not currently set up in Servicing Director. To Set up the Investor: Open Investor ...

• Investor Accounting Adding Loans to Loan Transfer Batches

  After you set up loan transfer batches on the Batch Setup screen, use the New Participant screen to add loans to loan transfer batches. Loan ownership is transferred when the loan transfer batch is posted. The New Participant screen displays the ...