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7/29 beta, 8/9 prod
Purpose of Update and Benefit:
Our Encompass integrations team has completed work on an automated process for importing FACTA data with Credit Reissue. This feature enhancement will only apply to customers who are using the Encompass NextGen integration with Credit Reissue enabled.
Current Behavior:
For customers using Credit Reissue with Encompass NextGen integration, FACTA data is not populated on the loan from the credit pull. Loan teams needed to manually import FACTA via the “Import Liabilities” modal within the “Borrower Summary - Origination” section.
New Behavior:
For customers using Credit Reissue with Encompass NextGen integration, we will now be able to automatically populate FACTA on the loan from the credit pull.
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