Preview Escrow Analysis

Screen ID: 

Screen Title: 

Tool Number:

PESCAPRV-01

Create/Preview Escrow Analysis

297 Create/Preview Escrow Analysis

Click here to magnify

Access this screen by selecting Preview on the previous screen.

This preview dashboard can be used to work your member list prior to creating the analysis. This screen allows you to work a list of loans that are due for a payment change. As listed in the legend, some may fall under certain exceptions that require special handing including:

  • suspended

  • paid ahead

  • delinquent

  • loan not found (meaning the loan was paid off that day)

All columns on this dashboard are sortable. You can, for example, sort by the exception column or the Overage/Shortage column. (See column descriptions below.)

There are many things you can do from this dashboard, including working the list and removing them as you work. This is done by using the Exclude the record option at the bottom of the screen. When you use Enter, this record will be removed from your view. This only removes it from view, not the file. The record is still available for the “Create” feature, for example.

  • IMPORTANT NOTE: This dashboard is designed to be worked by one employee at a time. If another employee at your credit union works this listing, you will need to share how you sorted the listing and the last account you worked.

Many more features are available from the options and buttons on this screen, including viewing projections and history, accessing inquiry and the escrow record, and printing all or selected preview records.

  • NOTE: Any preview records that are printed via this dashboard will have the word Preview at the top of the first page.

Column Descriptions

Column Name

Description

Print

Check this column to column indicate to print the preview version of the Analysis when Print Selected is used.

  • This column defaults to unchecked and is non-input capable for accounts flagged as an exception.

Last Name Name of member owning escrow account.
Escrow Amount Escrow amount.
Loan Loan suffix.
Last Analysis

The last date the escrow analysis was run for the account in "Create" mode. (See previous screen.)

Balance

Current balance in the escrow account.

Overage/Shortage

Overage or shortage amount determined by the escrow analysis feature. (A shortage will show as a negative (-) number.

Old Loan Payment/New Loan

This column toggles between these two values (with the toggle below the listing).

New Payment

Next payment due date.

Exception

May display the one of the following values when the Escrow Analysis program is run (and identified the exception): S (Suspended), P (Paid ahead), D (Delinquent), L (Loan not found)

  • These values are explained in the on-screen legend below the listing.

*

An asterisk (*) displays in this column is the Escrow Analysis identified that the premium/tax due date of the escrow disbursement record is greater than the last month of the escrow projection.

  • NOTE: This is not considered and exception. The Escrow Analysis should still be created.