Certain products have adjustment caps, such as HomeReady. When creating a profit/cost adjustment as a Ratesheet Adjustment type, they cannot be set up to be excluded from this cap, though they need to be excluded, as they are not a standard LLPA. If the adjustment applies in all situations, DIG can create the adjustment and set it so it is excluded. However, clients such as Cardinal Financial and New Penn Financial, are now requesting a feature that allows them to set up lead source, user, or branch specific Ratesheet Adjustments via profit/cost adjustments, and make them exclusive of the adjustment cap. Due to the specific nature of the adjustment, DIG cannot add these, and therefore, they cannot be excluded at this time. It would add consistency to our system, to allow this functionality, and provide even greater flexibility to our system as we move forward. As larger lenders start refining pricing in a tighter market, this type of request may become more common.
|Revenue or Retention?||Retention|
|Impact to Existing Customers||Multiple|
|Customer ID(s)||28sebo01, 39npen01,23hall01|
|Business Value||3 - Important to moderate number, moderate impact on brand, moderate competitive advantage|
|Urgency||3 - Moderately time constrained|