Informational audit for HPML/Section 35 has been added that asks the client to "please confirm the borrower(s) ability to repay using current income and assets" when the worksheet fails the HPML/Section 35 test.
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DocMagic has included a new Payoff Charge code ("PSL") to allow clients to indicate whether a payoff is being paid to the same lender originating the loan. This charge code is available as a drop-down selection as "Payoff Same Lender".
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Total Payments calculation was updated to include Mortgage Insurance when Mortgage Insurance is being collected during the construction phase.
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Update to selection logic for Equifax (RMCSDEQ.MSC), Experian (RMCSDEX.MSC), TransUnion (RMCSDTU.MSC), Exception Notice (RMCSD.MSC), and No Score (NSAEN.MSC) Residential Credit Score Disclosure forms to return an additional copy included for co-signers.
Update LTV to consider rehabilitation costs in addition to sales price for Homestyle Renovation loans. This feature is enabled through a plan setting.
Update to USDA audits to reflect fiscal year 2018 annual fee and upfront fee amounts.
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