1.7 07/21/2011 Updates to Table 1: HECM System support Points of HECM BSP Contact have been updated. Added new PM details (Krishna Nagaraj) Added new DPM details (Mark Lusk) Added new Operations Manager details (Peter Tan) Updates to Table 5: New data item “Incurred Date” added Updates to Section 2.4, Table 7: Updated existing data items and added new data items 1. Added new Data items: “IMIP Paid By Lender” “Tax Ins Responsible Party” “Title Held As” 2. Updated range of values for data item Pay Plan Term to 480. details for below data items to 3.Updated “Required” “No” Closing Costs Discharge of Liens Loan Advance/Other Draws Repair Set Aside First Year Set Aside Loan Origination Amount Sale Date Contract Date 4. Updated data item of Credit Set to “Line Aside” “Credit Line Set Aside” 5. Updated details of data item Was Prior “Required” Sale/Transfer as below: required if Product Type = HECM for “Conditionally Purchase or HECM Saver for Purchase” 6. Updated data item Sale to Sale “Prior Price” “Prior and updated the range of values for the Price Amount” same to “Integer followed by Decimal(2) Updates to Section 5.2: Updated the screenshot of Transaction Import File Layout to add the column “Incurred Date”.
1.7 07/21/2011 Updates to Table 1: HECM System support Points of Contact have been updated. Added new PM details (Krishna Nagaraj) Added new DPM details (Mark Lusk) Added new Operations Manager details (Peter Tan) Updates to Table 5: New data item “Incurred Date” added Updates to Section 2.4, Table 7: Updated existing data items and added new data items 1. Added new Data items: “IMIP Paid By Lender” “Tax Ins Responsible Party” “Title Held As” 2. Updated range of values for data item Pay Plan Term to 480. 3.Updated “Required” details for below data items to “No” Closing Costs Discharge of Liens Loan Advance/Other Draws Repair Set Aside First Year Set Aside Loan Origination Amount Sale Date Contract Date 4. Updated data item “Line of Credit Set Aside” to “Credit Line Set Aside” 5. Updated “Required” details of data item Was Prior Sale/Transfer as below: “Conditionally required if Product Type = HECM for Purchase or HECM Saver for Purchase” 6. Updated data item “Prior Sale Price” to “Prior Sale Price Amount” and updated the range of values for the same to “Integer followed by Decimal(2) Updates to Section 5.2: Updated the screenshot of Transaction Import File Layout to add the column “Incurred Date”. HECM BSP