Create/Work Participation Loan Settlement Work File (3)

Screen ID:	UPLSETL-03
Screen Title:	Create/Work Participation Loan Settlement Work File
Panel ID:	4119
Tool Number:	314
		View full-size screen

Access this screen by using Process Option 3=Work with settlement work file on the Create/Post Payment Work File screen.

Use this screen to view the contents of this work file before it is posted to the participation loan general ledger. You can modify interest and principal amounts in the work file. Changes made here will affect only this work file. If this work file is deleted before posting and later recreated, the changes will be lost.

To modify an item, place your cursor on the item and press Enter or click Select to proceed to the next screen.

Buttons

Button	Description
Toggle Sort	Use this to toggle sort between account or loan category.
Summary	Use this to display a summary showing total settlement amounts for each PLI included in this work file.

 

For complete details on the PL system, including configuring the necessary codes, creating participation loan records, processing investor settlement and using various reports, refer to the appropriate booklet.

• Participation Lending:  Fannie Mae Secondary Market Loan Servicing

• Participation Lending:  Freddie Mac Secondary Market Loan Processing

• Participation Lending:  FHLB Secondary Market Loan Servicing

• Participation Lending:  Standard 365 Loans and Other Loans