Description Of Times Late Last 12 Months

Description Of Times Late Last 12 Months

Servicing Director displays Times Late Last 12 Months in the Collections application, Contact screen, Statistics tab.

Times Late Last 12 Months is a calculated field and is not a value stored in any table.
The calculation checks the loan history for late charge assessments in the past 12 months and totals them. Then, it subtracts the number of late charges waived, giving the total that appears in the screen.

 

Environment:

Times Late Last 12 Months

ArticleNumber:

000054371

    • Related Articles

    • Description of Times Delinquent Last 12 Months

      Servicing Director displays Times Delinquent Last 12 Months in the Collections application, Contact screen, Statistics tab. Times Delinquent Last 12 Months is a calculated field, and the value is not stored in any table. The calculation checks for ...

    • Adding Late Fees to 1098 Statements

      The following steps add late fees as reportable interest on 1098 statements. In the System Administration Module, click Setup > Company. Click Open. Click the End of Year Tab, and select the Add Late fees to Reportable Interest option. Click Ok. This ...

    • Waiving a Late Charge in Servicing Director

      Follow the steps below to waive a late charge that was assessed on a loan in Servicing Director. Open Customer service. Select Other. Select Fee Assess/Waive. Enter an amount in a (-) value. Click OK. You can also use this screen to waive NSF fees as ...

    • Late Charge Maximum and Minimum Update

      You can run this update when changes regarding late charge amounts are made in a particular state and you have existing loans on properties in that state. Since these kinds of changes do not occur on a regular basis, it is not necessary to schedule ...

    • Servicing Director Last File Maintenance Date

      This is an explanation of the Servicing Director Last File Maintenance Date. This field is seen in the Customer Service application, in the Dates screen, displayed as Last Maintenance. It is stored in the Loan table (Loan.LastFileMainDate). The Loan ...