Payment posting error : exceeds the number of delinquent payments allowed for an owner occupied loan

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• Payment Rules Exceeds The Number Of Payments Allowed

  Clients attempting to post a payment in payment processing, gets a message that says: Exceeds the number of payments allowed. Root Cause: This error is caused by the limitation of the rule in your payment rule setup and this can be resolved by the ...

• Servicing Director Payment Processing Error when selecting Post Exceeds the number of prepaid payments allowed

  Exceeds the number of Prepaid Payment allowed. Root Cause: Payment Rule set up Workaround: You need to identify which Payment Rule your loan is assigned to. Go to Customer service select Payment once you have determine the payment rule do the ...

• Servicing Director Payment Posting Error : "You selected Principal Only Payment from Transaction Code field. But the batch effective date has passed the grace days..."

  You selected Principal Only Payment from transaction code field. But the batch effective date has passed the grace days for additional principal and payment rules. Select another value in the transaction codes or change the grace days in the payment ...

• Payment Effective Date on the DSI Loan is Prior to Another Payment Post

  While posting a payment on DSI Loans, you receive the following error: Payment Effective Date on the DSI Loan is prior to another payment post. Workaround: Go to Payment Processing > Reversal. Reverse the last payments for that loan(s). If you’ve ...

• Making ACH Payments after Cuttoff Time and Web Payments Not Showing tn the Payment Batch

  ACH payments made after the cutoff time and web payments are not displayed in the payment batch. Workaround: If the Borrower makes a payment after the cuttoff time, that payment will be posted on the loan as a next business day transaction. In System ...