Change to MISMO generation logic for manually-added liabilities when credit is pulled first and the loan is exported

Posted 12 days ago by José Gómez

J
José Gómez Admin

5/10 Beta, 6/7 Prod

 

Purpose of Update and Benefit:
We’ve updated our MISMO generation logic so that manually-added liabilities will be added to the end of the liabilities array when credit has already been pulled and the loan exported. This update will address the issues that Encompass NextGen customers have been experiencing when attempting to re-export loans through the Loan Updates feature. Customers using other LOSes will still see the new generation logic in their MISMO exports.

Current Behavior:
If credit has been pulled and the loan exported to Encompass, any liabilities that are manually-added from that point will be added to position #1 in the liabilities array and push the credit liabilities to subsequent positions. This repositioning of existing credit liabilities would cause issues when loan teams attempted to re-export the loan to Encompass. 

This issue did not occur when liabilities were manually added prior to credit being pulled.

New Behavior:
The new MISMO generation logic will add manually-added liabilities to the end of the liabilities array when there are existing liabilities from the credit pull. This will resolve the issues that occur when loans re-export to Encompass.

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