CLAIMS CT24 Include Block #132 b amount in Block #135 and #137 totals – Block #135 and Block #137 Claim subtotal fields “Column B Additions” subtotal “Net Amount” were updated to include the Block #132b amount on the Claim Type 24 Supplemental. CLAIMS Rename Claims pop-up window – The title of the pop-up window displayed when the servicer opens the Claims Worksheet and and has been changed to from clicks “Finalize Submit Claim” “Warning” “MCA may be displayed in this window. validation”. Multiple messages CLAIMS Update Negative Claim Validation Message – The Negative Claim Validation message on all claim types has been updated to total claim “The amount entered will result in a negative amount and cannot be filed. Refer to the HECM Worksheet for details. Please omit all funds due to HUD and remit them separate from this claim using the Over Claim transactions on the Loan > Transactions > Claims Page.” Examples of funds to be excluded from the claim form and remitted to HUD via the Over Claim process are Block #27 amounts, Repayments, or Refunds. New validation message: Figure 14: Updated Validation Message for Negative Claim See topic 20 for details on the Over Claim remittance process. Note: For the HECM Worksheet to be auto-saved to Documents, the HECM “Print Worksheet” icon must be clicked. If this is not clicked, the HECM Worksheet is not saved to Documents and the information can only be viewed in the edit screen. Before requesting assistance to research a negative claim, please ensure the HECM button has been clicked. “Print Worksheet” CLAIMS Add HUD Decision Notes – For any Claim Type 21, 23, or 24 where HUD selects the or decision “Approve Claim” “Pending the comments from the HUD on the Claims Worksheet Addition Info”, “Decision Notes” box will be automatically saved to the Notes page. If no text is typed in the box, the auto-note will display the claim type and the HUD Decision. CLAIMS Claims Detail Report – The Paid on the Claims Detail report will now only be populated when the “Claim Amt” column claim is actually paid in HERMIT.
CLAIMS – CT24 Include Block #132 b amount in Block #135 and #137 totals Block #135 “Column B Additions” subtotal and Block #137 “Net Claim Amount” subtotal fields were updated to include the Block #132b amount on the Claim Type 24 Supplemental. CLAIMS – Rename Claims pop-up window The title of the pop-up window displayed when the servicer opens the Claims Worksheet and clicks “Finalize and Submit Claim” has been changed to “Warning” from “MCA validation”. Multiple messages may be displayed in this window. CLAIMS – Update Negative Claim Validation Message The Negative Claim Validation message on all claim types has been updated to “The total claim amount entered will result in a negative amount and cannot be filed. Refer to the HECM Worksheet for details. Please omit all funds due to HUD and remit them separate from this claim using the Over Claim transactions on the Loan > Transactions > Claims Page.” Examples of funds to be excluded from the claim form and remitted to HUD via the Over Claim process are Block #27 amounts, Repayments, or Refunds. New validation message: Figure 14: Updated Validation Message for Negative Claim See topic 20 for details on the Over Claim remittance process. Note: For the HECM Worksheet to be auto-saved to Documents, the “Print HECM Worksheet” icon must be clicked. If this is not clicked, the HECM Worksheet is not saved to Documents and the information can only be viewed in the edit screen. Before requesting assistance to research a negative claim, please ensure the “Print HECM Worksheet” button has been clicked. CLAIMS – Add HUD Decision Notes For any Claim Type 21, 23, or 24 where HUD selects the decision “Approve Claim” or “Pending Addition Info”, the comments from the HUD “Decision Notes” box on the Claims Worksheet will be automatically saved to the Notes page. If no text is typed in the box, the auto-note will display the claim type and the HUD Decision. CLAIMS – Claims Detail Report The “Claim Paid Amt” column on the Claims Detail report will now only be populated when the claim is actually paid in HERMIT.
HERMIT%20Release%20Notes%20-%20Release%205.5.docx