As it stands now, when a customer has custom products in their BOS, and call for that via third party pricing API, we look at how the custom product is set up for the LTV maximum, instead of looking at the product eligibility for the product to which the custom product is tied. For example, a client has a custom 7/1 ARM set up, tied to a Conf 7/1 LIBOR ARM in Marksman, but has the max LTV at 110%. The third party API will look at that, instead of the max LTV for the Conf 7/1 LIBOR ARM. The LTV can be restricted in the custom product set up. However, if I price outside of the eligibility for other parameters with lower LTV maximums, such as multiple units, the API will price, Marksman will correctly not price.
|Impact to Existing Customers||Multiple|