Delinquent Interest Due
Screen ID: | n/a | |
Screen Title: | Delinquent Interest Due | |
Panel ID: | 2457 | |
Tool Number: | 20 | |
Click here to magnify |
This window appears after using Miscellaneous (F14) on the Account Update screen for a loan account.
This window contains fields unique to mortgage loans with the 360-day interest calculation type. Use this to modify the amount of Delinquent interest due on the mortgage loan.
Because of the unique way in which mortgage loans are calculated and serviced, this feature is helpful if a member has become more than two months delinquent, or after an account adjustment or transaction reversal, or in other situations where partial payments or other non-routine activity has taken place, etc.
SEE ALSO: CU*BASE Mortgage Products: 360-Day Interest Calculation
When done, use Enter to save the changes and return to the previous Account Update screen, or use Skip (F8) to cancel any changes.