Cross Reference

The Cross Reference node consists of the Relationships, Collateral, Master Rates, Officer Codes, Class Codes, Transaction Codes, Late Charge Codes, Prepayment Penalty Codes, Branches, and Imaging tabs.

Relationships

When a core relationship code is cross-referenced to the WKFS code, the action can cause additional fields and language to print on the documents. Choose the WKFS equivalent through the selection of the WKFS Cross Reference Code drop-down menu for the selected code.

Note The Core only - No WKFS option in the drop-down menu is for export purposes only. For example, a relationship code of a corporate officer can be exported for reference purposes to the core system. However, the corporate officer is not liable for the debt.

Tip A relationship code for a guarantor displays additional guaranty fields on the Doc Data tab in Parties to the Loan, and also produces a guaranty document in the Doc Manager node.

Collateral

All possible WKFS collateral codes initially appear. A check under the Display column determines what appears on the Add New tab in the Collateral node during account entry. Codes can be removed by clearing the check box. A cross-reference code can be selected for an associated WKFS code through the drop-down menu of the Core Cross Reference Code.

Note In the Collateral node of Loans In Process, the drop-down menu provides the WKFS collateral description and determines what is established within the documents. Once the Collateral Type is selected, the core collateral code defaults in Core Information from the Cross Reference Code.

The Core Cross Reference Code can be defaulted to Blank so users can enter a collateral code in the Core Information node of Loans In Process.

Master Rates

Two options are available for printing the WKFS description on documents.

Selection of a rate number matching the WKFS index name and description equivalent through the drop-down menu within the Core Master Rate column.
Selection of Add New to enter a rate that does not correspond to current WKFS descriptions.

Officer Codes

When the Active check box is selected, valid bank officers are designated for selection in the OnBoard system. Select Edit to view and modify the following fields:

NMLS Identifier - The value entered in this field defaults to the Loans In Process > Supplemental > Loan Originator tab.
State Identifier/Code - This field allows administrators to enter an officer's state license ID and the state where it was issued.
Email Address - This field allows administrators to enter an officer's contact email address.
Phone Number - This field allows administrators to enter an officer's contact number.

Class Codes

The WKFS code establishes specific documents for completion such as a corporate resolution.

Select the WKFS equivalent by selecting the drop-down menu within the WKFS Cross Reference Code column.

Transaction Codes

This tab displays bank-defined transaction codes. Users can flag transaction codes as Active to make them available as a selection on the Transaction Code list on the Export > Funding tab.

New bank-defined transaction codes are added to this tab from core through a jXchange refresh. If any transaction code is removed, it is only removed from the table after performing a jXchange refresh in Administration > Bank Information.

Late Charge Codes

Descriptions of late charges corresponding with the individual codes can be entered. These descriptions appear in the drop-down menu for Late Charge Code in Core Information when a new loan is entered. These descriptions do not print on the documents.

Save is selected to save all changes made to a description.

Prepayment Penalty Codes

Description of prepayment penalty codes for corresponding individual core codes can be entered. The description prints on documents.

Branches

When the Active check box is selected, valid branches are designated for selection in the OnBoard system. Only branches marked as Active appear in the drop-down menu in the Characteristics node.