Investor Information tab |
  
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Navigation: Loans > Loan Screens > Investor Reporting Screen Group > Investor Master Screen >
Investor Information tab |
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Use this tab to create, view, and edit information about the investor being created/edited on this screen.
Investors set up on this screen are put into groups on the Loans > Investor Reporting > Investor Group screen and designated for individual customer loan accounts on the Loans > Investor Reporting > Loan Investor Fields screen.
Loans > Investor Reporting > Investor Master Screen, Investor Information Tab
Use the Investor Name and Investor Number fields to indicate the name and institution-defined ID number of the investor being created/edited. One or two physical addresses can also be indicated for the investor in the Address fields. This information also appears as display fields on the Additional Information tab.
The other fields on the right side of this tab are as follows:
Field |
Description |
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Mnemonic: IMIAG |
Use this field to indicate whether your institution has a servicing agreement with the investor on file. |
Investor Allows Non-Owner Occupancy
Mnemonic: IMNOO |
Use this field to indicate whether the investor allows non-owner occupancy of loans they purchase. |
Investor Allows Rate Blending at Modification
Mnemonic: IMRTB |
Use this field to indicate whether the investor allows rate blending when a loan is modified. |
Investor Approval Required to Modify
Mnemonic: IMIAP |
Use this field to indicate whether the investor requires approval before a loan undergoes any modification. |
Investor Requires Due on Sale to be Enforced
Mnemonic: IMDSL |
Use this field to indicate whether the investor requires a “due on sale” clause to be included and/or enforced with loans they purchase. |
Investor Requires Year-end Advice
Mnemonic: IMYRA |
Use this field to indicate whether the investor requires year-end advice from your institution's independent auditors for confirmation or verification of the loans they purchase. |
Investor Requires Year-end Audit Report
Mnemonic: IMAUD |
Use this field to indicate whether the investor requires a copy of your institution's year-end audit report. |
Payment of Interest on Reserves
Mnemonic: IMIOR |
Use this field to indicate whether the investor wants interest to be paid on reserve accounts within loans they purchase. |
Use Alternate Company Name on Reports
Mnemonic: IMANM |
Use this field to indicate whether the investor wants to use an alternate name for their institution on reports. If this field is marked, your GOLDPoint Systems representative must set up the alternate name to use for the investor. |
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Mnemonic: IMIDEN |
Use this field to identify the investor being created/edited. Possible selections in this field are:
GNMA (Ginnie Mae) FNMA (Fannie Mae) FHLMC (Freddie Mac) CITIMAE Other RFC* SBA** Norwest Securitization
*This selection necessitates the use of the Residential Funding field group.
**SBA 1502 Reports are created only if “SBA” is selected in this field. All loans tied to the investor master will appear on the report. Refer to SBA 1502 Monthend Report in the Loan Reports manual on DocsOnWeb for more information. |