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Event 44, First Late Notice Event

Navigation:  Appendix A - Merge Field Descriptions (Loans) >

Event 44, First Late Notice Event

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Event 44 will generate a letter for the first late notice. We recommend you use 3-up notices for these late notices. Refer to Past Due Notices for more information.

 

Merge Field

Field Mnemonic/ Calculation

Description

ACCOUNT NUMBER

LN4NBR

This is the loan account number without the check digit. It shows the office number and account number, like this:

 

1234555666

 

If you would rather use the formatted loan number that does include the check digit, use the FORMATTED LOAN NUMBER merge field described in the Basic Loan Fields section.

FOLLOW UP DATE

CALC

This field will calculate a date in the future that can be printed on the letter.

 

If the letter is a notice of default, for example, you can have the letter display the date by which the account must be current. The date can be displayed in either alphanumeric or numeric characters. If the date is 4-14 and the option is 30 days, then the follow-up date would be 5-14. The original date of 4-14 isn't included in the calculation.

 

To use this merge field, you must have a report option turned on. Please contact your GOLDPoint Systems account manager.

 

GOLDPoint Systems Only: To create a follow-up date for events, enter a number from 0 to 99 in positions 5–6 of the Miscellaneous Parameters field.

LATE CHARGE VARIANCE

LNPDUE

Late charge variance—amount of the regular payment not paid because late charges were paid

LOAN COLLECTION OFFICER

LNCTOR

Collector number assigned to the loan

LOAN NEXT PAYMENT DUE

LNLSTB

For non-LIP loans, this is the same as the common field Next Payment Due.

 

For LIP loans, this contains the last billed amount from the Loans > Construction > Account Construction Detail screen, Balances, Rates & Billing tab.

LOAN P/I PAYMENT

LNLSTB

For non-LIP loans, this is the same as the common field P/I Payment.

LOAN TOTAL DUE

LNLPCG + LNLATE

For non-LIP loans, this is the same as the common field TOTAL DUE.

 

For LIP loans, this contains the Prior Unpaid Charges + Late Charges Due.

LOAN TOTAL DUE AFTER GRACE

LNLPCG + LNLATE + CALC

For non-LIP loans, this is the same as the common field TOTAL DUE AFTER GRACE.

 

For LIP loans, this contains the Prior Unpaid Charges + Late Charges Due + current calculated late charges on the Last Billed Amount.

LOAN TOTAL PMTS W FEES AND PARTIAL

LNLPCG + LNFEES - LNPRTL

For non-LIP loans, this is the same as the common field TOTAL PMTS W FEES AND PARTIAL.

 

For LIP loans, this contains the Prior Unpaid Charges + Total Loan Fees - Partial Payments.

LOAN TOTAL PMTS W FEES W LATE CHGS

LNLPCG + LNFEES + LNLATE

For non-LIP loans, this is the same as the common field TOTAL PMTS W FEES AND LATE CHGS.

 

For LIP loans, this contains the Prior Unpaid Charges + Total Loan Fees + Late Charges Due.

LOAN TOTAL PMTS W LATE AND PARTIAL

LNLPCG + LNLATE - LNPRTL

For non-LIP loans, this is the same as the common field TOTAL PMTS W LATE AND PARTIAL.

 

For LIP loans, this contains the Prior Unpaid Charges + Late Charges Due - Partial Payments.

LOAN TOTAL PMTS WITH LATE CHARGES

LNLPCG + LNLATE

For non-LIP loans, this is the same as the common field TOTAL PMTS WITH LATE CHARGES.

 

For LIP loans, this contains the Prior Unpaid Charges + Late Charges Due.

LOAN TOTAL PMTS WITH LOAN FEES

LNLPCG + LNFEES

For non-LIP loans, this is the same as the common field TOTAL PMTS WITH LOAN FEES.

 

For LIP loans, this contains the Prior Unpaid Charges + Total Loan Fees.

LOAN TOTAL PMTS WITH PARTIAL

LNLPCG + LNPRTL

For non-LIP loans, this is the same as the common field TOTAL PMTS WITH PARTIAL.

 

For LIP loans, this contains the Prior Unpaid Charges + Partial Payments.

TOTAL LATE CHARGE AND FEE VARIANCE

CALC

Late charge variance plus total loan fees variance

TOTAL LOAN FEES VARIANCE

LNVPRN

Total loan fees variance—the amount of the regular payment that was not paid because of loan fees

 

 

See also:

Appendix A

Common Fields (All Events)

CIS Fields

Basic Loan Fields

 

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