When the Fees option is selected, the Fees - TERMS,
Open End Fees, Escrow Fees,
and Post Origination tabs appear.
When needed, user-defined fees are available for use on each tab.
- Fees - TERMS
- This tab includes fees that are applicable to the TILA-RESPA regulatory requirements and
is used for any transaction created with an application date of 10/3/2015 or later.
- Open End Fees
- All available open-end fees within OnBoard are presented on this tab. When
defined for a product type, these fees appear on the Open
End tab in the Supplemental node under Loans in Process.
- Escrow Fees
- The Escrow Fees tab contains the line item fee numbers 1002 through
1009. They appear in the Escrow node under Loans In
Process.
- Post Origination
- All available post origination fees within OnBoard are presented on this tab. When
defined for a product type, these fees appear on the Post Origination
tab in the Supplemental node under Loans in
Process.
- Est. Taxes, Insurance & Assessments
- This tab enables users to assign fees for KBYO transactions that cannot be disclosed as
Prepaid or Escrow Fees but must be
included under the Estimated Taxes, Insurance & Assessments section
within the Projected Payments section of the Integrated
Disclosures form.
Note The same fees are available on
the Post Origination tab and Open End
Fees tabs. However, the fees on the Open End
Fees tab are only available for consumer open-end loans, and the fees on the
Post Origination tab are available for all other loan
types.