My Oracle Support Banner

Metro 2_2021 Revisions-Term Duration (Doc ID 2853876.1)

Last updated on MARCH 08, 2022

Applies to:

Oracle Financial Services Lending and Leasing - Version 14.6.0.0.0 and later
Information in this document applies to any platform.

Symptoms

ACTUAL BEHAVIOR
---------------
According to the Metro 2 Revisions to Credit Reporting Resource Guide -Apr 2021 the field on the Base Segment “Terms Duration” clarified the reporting when term is extended.

EXPECTED BEHAVIOR
-----------------------
System should report the revised term to Metro-2

STEPS
-----------------------
The issue can be reproduced at will with the following steps:

1. Select an active loan account

2. Post an extension on the account

3. Process billing and Metro2 batch jobs

4. Open the output metro-2 file

5. Verify the "Term Duration"

BUSINESS IMPACT
-----------------------
The issue has the following business impact:
Due to this issue, System Incorrectly reporting the Term to metro-2

Changes

 

Cause

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Symptoms
Changes
Cause
Solution


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.