Notice of Action

The Notice of Action node allows you to enter information without assigning an account number or creating a CIF record. Sections within the node include: Customer, Credit Decision Basis, Institution Settings, Decision, and Denial Reasons.

Tip Generation of early disclosures for an application transaction begins with the transaction processes in the Loans In Process node. A document is edited by selecting the

Edit icon. Customer information is provided for a document by selecting the

Create NOA icon within the Parties To The Loan screen.

The following fields in Administration > Institution Settings > Loans affect the Notice of Action node:

Show HMDA Tab: Selecting this field displays the HMDA tab in the Notice of Action node. Information can then be exported to core from the HMDA tab.
Loan Number Same as HMDA Application Number: Selecting this field populates the Loan Number column with the HMDA application number, when applicable. If this field is not selected, a Loan Number field is available for entry when adding or editing a Notice of Action transaction. The entry in the Loan Number column prints on the Notice of Action document.; Note This field is only available when the Show HMDA Tab field is selected.