Product Hatching Ideas

Add profit/cost adjustment based on note rate

Will Not Implement

Adam with Atlantic Home loans (32ahli01) asked about the ability to apply profit/cost adjustments based on note rate. Need to discuss if this is a possibility within the system.

Per Tom, this does not present a compliance issue if done at this level.

hunter.shellhaseHunter Shellhase (Inactive) added a comment - Apr 30, 2015 10:13 AM - edited
In the year since this ticket was created I haven't heard of any other customer inquiring about this type of ability. 

However, Rob indicated Quicken and a few other investors are now adjusting by note rate as well. This may be something we need to look at supporting if more investors are going to base price adjustments off note rate. Reopening to evaluate investor impact.
jared.nielsenJared Nielsen added a comment - Apr 30, 2015 10:21 AM - edited
Mike - can you please evaluate from an investor standpoint? Also - does anyone know if this has been discussed as part of the DIG revamp & DNA projects? We still need more information before further discussion during the PH meeting.
mike.sanleyMike Sanley (Inactive) added a comment - Apr 30, 2015 11:51 AM
I have also received requests from customers...CMC (David Hewing), SoFi (Robs buddy Jonothan) and FirstBank. Those are just off the top of my head. DIG has also expressed the labor intensive process of setting these up (see screen shot of run file) and that they also need a better solution as this is becoming quite popular at the investor level as well.
mike.sanleyMike Sanley (Inactive) added a comment - May 14, 2015 12:44 PM
Last week I had Envoy and Flagstar ask about this functionality.
krista.odbertKrista Odbert (Inactive) added a comment - Jan 12, 2016 09:57 AM
We need to consider for Quote Service

New Penn is asking about this.  The only way to do this is to do customer addins.
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