Release Notes & iUpdates
Point of Sale
Fannie Mae 3600 3618 3625
Resolve for Fannie Mae 3600 3618 3625:
- For Other Costs, when Fee Actual Payment Amount is provided, Fee Payment Paid By Type is required to identify who paid the fee.
- For Other Costs, Fee Payment Paid By Type must be a valid enumeration.
- For Other Costs, Fee Actual Payment Amount is required for all fees.
1. Open Loan File in Point.
2. Navigate to Closing Costs Worksheet.
3. Scroll down to section H. OTHER.
4. Look for a Fee Type in the first column that is not accompanied by a Fee Amount in the 4th column.
5. Enter the Fee Amount.
6. Be sure the Paid By option is properly selected in the 5th column.