Interest Accrual Methodology- the calculation of the actual daily interest accrual amount is determined by the interest method assigned to the loan. Calculations will be done systematically as follows. Arrears Interest Method: Calculations is unpaid ...
In order to run the Servicing Director 2016 Year End Rollover on the last day of 2016, you must be on release 16.3. Release 16.3 will be posted for download from the Customer Support web site when the release is available. The Year End Rollover ...
We recommend that you disable the Year End Statements page in Customer Self-Service before or soon after installing the Customer Self-Service year-end update each year until the IRS statements are ready and tax information is ready to be sent to ...
Use the Customer Service End of Year screen to view end of year information for loans and as a starting point to access more detailed end of year figures, such as borrower and mailing address information. To access the End of Year screen: Open ...
On December 31st or your last business day and you service Daily Simple Interest loans, you will need the accrued through date to be the last day of the year; example: 12/31/2017. Open Event Manager, select view Select recurring instance From ...