Missing Logic to identify the Amount Drawn During The Month (FRY14M, B1, CCHEM249)
(Doc ID 2598003.1)
Last updated on OCTOBER 18, 2019
Applies to:Oracle Financial Services - Regulatory Reporting for US Federal Reserve - Lombard Risk Integration Pack - Version 8.0.7 and later
Information in this document applies to any platform.
cell/MDRM- CCHEM249 (Monthly Draw Amount)
Instruction Says "For home equity line of credit accounts, report the total amount drawn during the month""
The column used for reporting - FCT_LOAN_ACCOUNT_SUMMARY.N_AMT_DRAWN_AMT_RCY and this does not indicate amount drawn during the month to date and there is no other logic also within the data set to identify 'month to date'
This is a product configuration issue
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