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Escrow Policy No, Effective Date for taxes should not be mandatory (Doc ID 2745994.1)

Last updated on JANUARY 23, 2021

Applies to:

Oracle Financial Services Lending and Leasing - Version 14.5.0.0.0 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------
Escrow Policy No, Effective Date is not required for Tax escrow payments 


EXPECTED BEHAVIOR
-----------------------
As part of Escrow payments,  Escrow policy no and effective date is not required for tax payments. System should allow to save and proceed

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Select an application in underwriting.
2. Click on collateral and click on escrow.
3. Select escrow type as Taxes
4. Verify the policy no and effective dt is required to proceed

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, users not able to process escrow for tax with out policy no and effective dt.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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