Loans Multiple Disbursement Recalculates Amortization On Disbursed Amount (Doc ID 1363118.1)
Last updated on FEBRUARY 23, 2015
Oracle Loans - Version: 12.1.3 and later [Release: 12.1 and later ] Information in this document applies to any platform.
With the multiple disbursement functionality, the current amortization is recalculated on the amount disbursed. Although I understand why it does this, we are working with federal loan programs and we need to bill against the original amortization even if the full amount of the loan has not been disbursed.
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