Servicing Director Payment Processing Error: The Participant's principal balances are not equal to the loan's principal balances

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• Servicing Director Payment Processing Error : "The Accrued Through Date On This DSI Loan Is Not Current"

  The Accrued Through Date On This DSI Loan Is Not Current Root Cause: You may encounter this error when attempting to process a payment on a DSI loan (Daily simple interest method). This would indicate that the 'accrued through date' on your loan has ...

• Servicing Director Payment Processing Error: Payment Amounts Do Not Crossfoot to Loan Payment Amounts

  Payment amounts do not crossfoot to Loan payment amounts You may find that the funds have posted to Unapplied Root Cause: A crossfoot error occurs if payment amounts for different but related payment fields do not match each other in the proper ...

• Servicing Director Customer Self-Service Online Payment Screen Error: "The additional principal amount must be a value greater than or equal to zero"

  The additional principal amount must be a value greater than or equal to zero. Root Cause: The value entered in the Additional Principal field is not a valid money amount or format. Workaround: Enter a money amount which is between 0 (zero) and ...

• Servicing Director Payment Processing Error: Formal Parameter not Declared Output Parameter

  The formal parameter “@dt_pmbt_EffectiveDate” was not declared as an OUTPUT parameter, but the actual parameter passed in requested output. Root Cause: When processing a regular payment in the payment processing module, the error may occur. This ...

• 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 ...