Enhancements to Loan Initialization and SMSA Code Processing

CMP: 18305

Work Order: 62809

Institution: 302

CIM GOLD version 7.21.6

The following enhancements have been made to the Loan Initialization process (via the Loans > Loan Initialization screen) in CIM GOLD:

•The Loans > Reserves > Account Reserve Detail screen is now available to select in the New Loan Screen Detail list. This screen can now be file maintained for new (unopened) loans being initialized.

•When the Loans > Account Information > Account Detail screen > Interest Detail tab is accessed for file maintenance during the initialization process, the the Accrued To field (LNDLAC) can now be set to a future date. This is the only circumstance in which LNDLAC can be set to a future date.

•An error was preventing check digits from remaining consistent for loans initialized from this screen. This error has been corrected.

•An error was preventing information entered in the Original Maturity Term (MLOTERM) and Originating Officer (LNOFCR) fields from properly saving during the loan initialization process. This error has been corrected.

Another aspect of this work order involved making adjustments to how SMSA codes are entered and displayed in CIM GOLD:

•The SMSA field (LTMSAC) on the Loans > Statistics and Summaries > Tax & Statistics screen can now accept up to 5 digits.

•A new 5 Digit SMSA Code field (NAMSAC in the FPNA record) is now available alongside the existing SMSA Code field (NASMSA) on the Customer Relationship Management > Households screen > Addresses tab. Use NAMSAC instead of NASMSA (see below) if your institution needs to enter 5-digit SMSA codes.

Right-Click Functionality Enhanced for Inter-Office Move Screen

CMP: 20014

CIM GOLD version 7.21.6

The main account list on the Loans > Inter-Office move screen has been reprogrammed in a more standard CIM GOLD table format. This means that right-clicking the list now gives the user access to all standard CIM Right Click functions, including printing the contents of the list and exporting it (to Report Manager or tab-delimited text format).

Disabling of Obsolete Consumer Information Indicator (CII) Codes

CMP: 19812

CIM GOLD version 7.21.6

As reported in the Core Services Update for April 2021, new Metro 2 Task Force guidelines have rendered Consumer Information Indicator (CII) bankruptcy codes I, J, K, L, M, N, O, P, and Z obsolete. Programming has been added to prevent these obsolete codes from being generated or sent by CIM GOLD.

See the April Core Services Update (linked in the previous paragraph) for more information about this change.

New Field Mnemonic for Upcoming Payment Method 20

CMP: 19514

CIM GOLD version 7.21.6

Note: This CMP requires Host Build 0401 to function properly.

We are in the process of programming a new Payment Method code. Code 20 (Daily Periodic Loan) will allow for higher interest rates but only collect 30 days of interest per payment period. Specifically, code 20 will collect one month of interest based on the Interest Calculation Method field (LNIBAS). If the Interest Calculation Method field indicates 365 days for interest, then 28, 30, or 31 days of interest will be due for the month depending on the number days in the month. If it indicates 360 days for interest, then 30 days of interest will be due for the month.

This code is not yet operational, but programming for it will be added to the system going forward. As part of this project, a new mnemonic was added to the FPLN record, and a corresponding field was added to the Interest Information field group on the Loans > Account Information > Account Detail screen > Interest Detail tab. This new field (Interest Due, mnemonic LN20ID, 13 numeric characters) only appears for Payment Method 20 loans and is not currently functional (see below).

Future Updates and What’s New documentation will explain this code further when programming is complete.

Field Level Security Correction

CMP: 18903

CIM GOLD version 7.21.6

The (Interest Rate field (LN16RT) on the Loans > Account Information > Signature Loan Details screen can now be restricted to certain users via field level security settings.