A Note from Lender*VP: Clients Locked out of Loan Applications

We recently received feedback from some clients who found themselves locked out of loan applications.  These clients were also having difficulty determining which screen was causing this error to occur.  We have since determined that the following process is the cause of this issue:

If an application has not been created yet and a user clicks ‘complete loan app’, the next screen the user lands on will be the Loan Application – Select Co-signers screen.  If the user then uses the ‘up’ arrow to leave that screen, they will return to the Member Loan File Action Codes screen.  After that, an attempt to work with the same loan request will show that the user has locked themselves out.

For a review of the workflow, please refer to the screenshots below.  Project #60370 has been submitted for a fix to this issue.

 

Lender*VP and Xtend are Here to Help with Mortgage Servicing & Escrow Processing

Lender*VP and Xtend are Here to Help with Mortgage Servicing & Escrow Processing

Did you know that Lender*VP offers mortgage servicing and escrow processing services in collaboration with the Xtend Mortgage Servicing team?  Let us put our team of experts to work for you! We make it easy for you by providing the following services: Escrow Processing Pay escrow bills Run annual escrow analysis Reporting on bills becoming… Read more »

Jun 24, 2024

Vehicle Valuation Price Increase Arriving in October

Vehicle Valuation Price Increase Arriving in October

Attention CU*Answers clients: effective October 1st, 2024, pricing for J.D. Power Vehicle Valuations will be increasing. The monthly cost will increase from $55.00 per month to $60.50 per month, while valuation costs will increase from $0.22 per valuation to $0.24 per valuation. These price increases will apply to all clients using the service, including current subscribers. If… Read more »

Jun 19, 2024

Arriving 6/18: Enhancement to Interest Accrual Calculator to Display Historical Interest Rates

Arriving 6/18: Enhancement to Interest Accrual Calculator to Display Historical Interest Rates

On Tuesday, June 18th, we will be deploying an enhancement to the Interest Accrual Calculator via Member Inquiry. This enhancement will support the display of historical interest rates, allowing users to search what the interest rate was during a specified period of time. This enhancement will offer your credit union greater insight into research relating… Read more »

Jun 14, 2024