Servicing Director Release 16.3 End Of Year Rollover Event Will Capture The Beginning Principal Balance Of Loans As Of January 1, 2016.
The End Of Year Rollover Event for 2016 reporting year must be run on Servicing Director release 16.3.
In this release, the End Of Year Rollover Event will capture the beginning principal balance of loans as of January 1, 2016.
If a loan was added after January 1, 2016, no beginning principal balance will be captured. In addition, if an assumption occurred during the year the new owner will not have a beginning principal balance for January 1, 2016.
Please review the Servicing Director 16.3 Release Notes for more information.
Environment:
Servicing Director Release 16.3 End Of Year Rollover
ArticleNumber:
000055589