Setting Up a New Investor in Servicing Director

Setting Up a New Investor in Servicing Director

The following steps describe how to set up a new Investor in Servicing Director when your Secondary Marketing Department sells a loan(s) to an investor that is not currently set up in Servicing Director.
To Set up the Investor:
  1. Open Investor Accounting, select Investors.
  2. Click New.
  3. Enter the ID for the Investor.
  4. Select a Cutoff Date from the drop-down list.
  5. Enter the Name of the Investor.
  6. Select the bank account used for the Principal and Interest funds.
  7. Select the bank account for T&I, Unapplied and Loss Draft.
  8. Select the Bank account for Assistance.
  9. Click Continue.
  10. Complete the remaining tabs on the Investor details Screen.
For More details please select F1 for Servicing Director Help topics.

ArticleNumber:

000048698

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