Product Release 2024
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      1. KNOWLEDGE BASE
      2. Product Release
      3. Product Release 2024

      Product Release 2024

      Thank you for using LendingPad! Here are the highlights of all recent system updates in 2024.

      March 2024

      • Cost Details: Pre-paid interest will show a permanent check mark for the APR box. This will provide continuity and confirmation that the Pre-paid interest is being included in the APR. 
      • POS: Verbiage updated on the sign-up page. I agree to "Lender's" (lenders was replaced with company name) Privacy Policy and Terms of Service.
      • Call Report: V6 released. Very minimal changes and no change to functionality on the loan level. NMLS call report KB
      • User Profile: A Reset and Reload option has been added to users' profiles to quickly clear cache to improve speed and reduce latency. 
      • User Licenses: The export report button has been added to the Settings > User Licenses section. Admins can utilize this report to quickly analyze states and expiration dates per LO. 
      • Secondary: None lock status will now erase lock data within the Secondary > Buy side. This will allow users to request a fresh lock through their PPE. This also helps eliminate errors with doc vendors and locked LEs. 
      • THO and NTS: These applicant types now support the ability to enter a current address in the Loan Application > Addresses. 
      • HMDA Report: HMDA action date will now appear on HMDA report. This will allow loans that do not make it to Application Taken to be reported on. 
      • Print Forms: Improved functionality. See this KB article
      • Manage Company: The headquarters address section has been added to Settings > Manage Company (top right) Contacts and Addresses tab. This is informational for ComplyIO and will not dynamically update when addresses are updated in the Branches or DBA section.

      February 2024

      • MFA: Defaulted to SMS
      • CD: Seller Paid and paid by others now supported on the CD
      • SPL: Form 61 now supports multiple state and loan-level structures. KB article

       

      January 2024

      • Title: Orchard Street Settlements via Title Integration. 
      • MCR report: HELOC will now filter to Conventional group to align with NMLS requirements 
      •  Inline Edits: Please see this video for inline edits.
      • Summary bar: DTI, LTV, etc is back with real-time calculations within the terms and mortgage edit mode.