Setting Up an Investor Participation Loan in Servicing Director
Loans are sometimes owned by more then one investor.
- Open Investor Accounting, and then open a new loan transfer batch.
Note: In the loan transfer batch, you must set up a loan transfer batch to the main investor even if the loan already exists in the main investor. - Click OK.
- Click New, and set up the primary investor with the majority participation.
- Click OK.
Investor Accounting displays the main transfer screen. - Select the Edit Participant button to add the additional participant.
- Select New Participant to add the next participant with the lower participation percentage, and then clear the primary investor check box.
- Click OK.
- Post the transfer batch.
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000045500