System Articles
      Back to home
      1. Point and PointCentral Knowledge Base
      2. Training Articles
      3. System Articles

      6612 Negative Cash Flow is doubled on the Combined Transmittal Summary when there is a Co-Borrower 1

      SYMPTOM

      The Negative Cash Flow doubles when there is a Co-Borrower 1.

       

      CAUSE

      The Co-Borrower 1 file is included the negative cash flow and is being carried over to the Combined Transmittal Summary.

       

      RESOLUTION

      1. Open the Point file.
      2. From the Menu bar, selectBor/Co-Bor > Co-Borrower 1.

        6612 a

      3. Go to the Transmittal Summary.
      4. Scroll to section III. Underwriting, and insert a check in the Lock box that is located next to theNeg Cash Flowfield.
      5. Delete this value.

        6612 b

      6. Save the file.
      7. From the Menu bar, selectBor/Co-Bor > Borrowerto go back to the primary Loan Application. The combined ratios will be correct.