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

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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 ...

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

  Payment posting error : exceeds the number of delinquent payments allowed for an owner occupied loan Root Cause: Payment rule does not allow you to exceed the maximum number of installments you have defined for Owner occupied loans Workaround: ...

• Payment Processing Payoff Error: There Must Be a History Record To Calculate Prepaid Interest

  There must be a history record to calculate prepaid interest. Root Cause: In the case of a new loan, if no payment has been made yet, but the loan will be paid off now, you may receive this error when you try to calculate a payoff or produce a payoff ...

• 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 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 ...