Updating borrower-inputted mortgage payments

8/2 beta, 8/30 prod

Purpose of Update and Benefit: 

This release will address an issue with REO liabilities, where the mortgage payment amount that is inputted by borrowers would not be overwritten by any lender-entered amounts when REO liabilities were linked on the lender application. With this update, any changes that a loan team makes to a mortgage payment value in a liability will be reflected in the liability and any other calculations that use mortgage payment as an input (e.g. DTI). 

Current Behavior:

Currently, when a lender links an REO liability, we keep the original value inputted by the borrower rather than updating to the new linked payment.

New Behavior:

If a loan team member updates the mortgage payment for a linked liability, any amount that’s been input by the borrower previously will be overwritten with the amount entered by the loan team. The loan team-entered amount will also be reflected in the MISMO in the mortgagePayments field.

Please note that the net rental income calculation will not automatically recalculate at this time. If loan teams would like to force a recalculation, this can be accomplished by removing the monthly rental payment entirely and adding it again. 

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