Spring 2023 release (4.2008)
The following table lists the updates added to the Q2 Origination User Guide for the Spring 2023 release:
| Serial Number | Feature | Link to the Section | Remarks |
|---|---|---|---|
| 1 | Life Insurance Collateral Type Insurance Company renamed to Insurance Company Name | In the Field Reference table, the Insurance Company field name for Insurance type of Collateral is changed to Insurance Company Name. | |
| 2 | Description added to Pricing Recommended Offers | Variable Rate Loans and Rate Lock | Image has been updated with the new Description field in the Pricing Recommended Offers and the steps have been updated as per the new UI. |
| 3 | Account Name displays with the Legal Entity Type in brackets for all Commercial Applications. | The field description for the Account field in the Borrower Information section has been updated. | |
| 4 | Ability to hide the tabs on the Financial Spread page | Financial statement spreading > Ability to hide the types of Financial Statements | Added the section, Ability to hide the types of Financial Statements. You can hide the tabs of the types of Financial Statements on the Financial Statements page. |
| 5 | Clone Applications | Clone Applications | Added a new section named Clone Applications. You can clone a Loan or a Lease application. |
| 6 | Application Tasks | Application Stages and Tasks | You can filter the list of tasks and view the due date for tasks. For the queue configured tasks, a queue member can claim multiple tasks, release tasks back to queue, and a queue admin can complete a task if any of the queue member is unable to do so. |
| 7 | Dashboard | Loan Dashboard | For Individuals, the customer information section shows the First Name, Middle Name, and Last Name. |
| 8 | Balloon payment | Balloon Payment | A new section named Balloon Payment has been added. |
| 9 | Bulk upload and delete equipment | > Bulk upload of equipment and Bulk delete equipment | New sections for Bulk upload and Mass delete of equipment have been added and the rest of the content has been updated to include the changes related to these sections. |
| 10 | Loan Team Members must display only internal roles | Team Members | This section has been updated with the label name change of Loan Team to Team Members and to specify that only internal roles can be added for users. |
| 11 | Configuration to decide when policy condition status is Rejected. | Enhanced Policy Conditions > Policy Condition Status | Updated the Policy Condition Status section to include the configuration for the status of policy condition when a document is rejected. |
| 12 | One email to one party when multiple documents required to be sent | Document Request Notification | Updated the section to include the feature. |
| 13 | System must display documents that do not have rule criteria when documents added manually | Add Document Category | Updated this section to include the feature. |
| 14 | Drawdown conditions on packages or deals: Allowing to select only those applicable for default conditions on drawdowns | Drawdown Terms | Updated this section to include the feature. |
| 15 | Email Template Updated | Document Request Notification | Added this section to include the Email Template changes. |