Interest exempted from service fee

During sale of IO, the interest income accrued but not yet received from borrower may be paid to the original investor. If a service fee is applied on this amount during the sale, then, it is not re-applied when the amount is actually received from the borrower. This amount is captured in the "Interest Exempted from Service Fee" field on the investment order.

If you are upgrading to CL Loan 2.4004 or later, you must add the "Interest Exempted From Service Fee" field to the Investment Order object.

For steps to do this, refer to section Modify the Page Layout.

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