Editing a Pool Reporting Certificate

Editing a Pool Reporting Certificate

You can use the Certificate Detail window as a starting point from which to change end of year information or monthly remittance information.

The Certificate Detail window can also be used to:

  • change the Pool Reporting certificate security holder, but only to correct a mistake.
  • some Pool Reporting certificate transfer information.
  • the Pool Reporting certificate value. 
  • Pool Reporting certificate year-to-date information.

  1. Open the Pool Reporting module.
  2. Select a certificate from the Certificates list box on the Certificates screen, and then click Edit. The Certificate Detail screen appears and displays information for the certificate. Edit the certificate as needed.

IMPORTANT! Be very careful any time you change one of these fields. This is your Security Holders Register. The only time you should ever change one of these fields is to correct a mistake made during set up. Servicing Director maintains these fields for you, and edits should not be necessary.

  1. Click Select to select a different security holder if the one that appears is incorrect. The Select Security Holder screen appears. 
  2. Select a security holder, and click OK. The Certificate Detail screen reappears.
  3. Change the date that the certificate was last purchased in the Purchase Date field.
  4. Change the date that the certificate was last sold in the Sale Date field.
  5. Change the original principal balance for the certificate in the Original Balance field.
  6. Change the pro rata share percentage in the Pro Rata Share % field.
  7. Change the current value of the certificate in the Current Value field. This field is updated when the Daily Pool Remittance Update is run.

Note: You can change the value in the Current Value field if necessary. If you do, a confirmation prompt appears to verify that you do want to change the current value.

  1. Change the amount of principal paid for the certificate this year, up to the current date, in the Principal Paid field.
  2. Change the amount of interest paid for the certificate this year, up to the current date, in the Interest Paid field.
  3. Change the amount of interest withheld for the certificate this year, up to the current date, in the Interest Withheld field.
  4. Click OK. The Certificates screen reappears.

ArticleNumber:

000045525