Encompass® Release Notes 22.3 December Service Pack walk through from Larry Bailey at Mortgage Workflow Partners

ICE Mortgage Technology™ will be releasing the Encompass 22.3 December Service Pack on the evening of Saturday, December 17th. Below are the highlights of the upcoming enhancements. 

Encompass® 22.3 December Service Pack  

December Service Pack release highlights:  

• FHA County Loan Limits for 2023: 

·       The URL for the 2023 FHA County Loan Limits table is now provided and selected by default, making it easier to apply the new limits to applicable loans.  

• FHFA Maximum Conforming Loan Limits for 2023: 

·       The FHFA Maximum Conforming Loan Limits for 2023 have been incorporated into the Encompass Conventional County Limit tables. These changes will be effective on January 1, 2023. 

• Request for Transcript of Tax input form: 

·       Icons on the Request for Transcript of Tax input form are now working correctly when copying data to or from the input form.  

• HMDA reporting: 

·       An update has been made to the way the HMDA interest rate is populated on the HMDA Information input form for HELOC loans with an introductory interest rate.  

·       Negative income is now correctly captured and rounded on the Income field (field ID HHMDA.X32) on the HMDA Information input form. 

• Underwriting Condition Details in eFolder: 

·       An issue regarding Underwriting Condition Details in the eFolder not being saved in specific scenarios has been resolved, preventing data loss from description and Tracking check box selections.  

• Buydown data entered on the URLA or RegZ: 

·       Buydown data is now populated in the Lock Request snapshot without the need to first open the Lock Request Form or save the loan. 

Please note that all enhancements and fixes are subject to change until the official product release. For a complete list of 22.3 December Service Pack release updates please read the release notes in their entirety.