IL485 Loan Loss Projection Sale Costs Categories
Overview of Code Set 0637
The IL485 Loan Loss Projection Sale Costs code set contains the codes and calculations used for the IL485 Loan Loss Projection/Past Due Borrowers Report. The codes in this code set contain specific configuration parameters that allow the report to be run accurately.
- From the main menu of DDI-Connect, double-click Name/Address
- Double-click Setup
- Double-click Codes Maintenance. You will see this screen:
Scroll down until you find the code set you are wanting to modify, and double-click that code set.
In this case, you are modifying code set # 0637 - IL485 Loan Loss Projection Sale Costs Categories. Double-click the code set. You will see this screen:
If you wish to add a new code, click the "New" button on the toolbar. You will see this screen:
You have the following fields available:
Field | Description |
---|---|
Code | Enter the code to be used for this category |
Active | If this box is checked, the code will be active and available for selection |
Description | Enter a description for this code |
Security | This function utilizes the DDI-Connect Security codes. For a thorough understanding of how security works within DDI-Connect, we recommend you reference the Security document located here: Security Function Maintenance
To set security on a specific code, you would enter the requirements in this format: !NA/7 or #NA. These are just examples...you can use whatever security function you like in order to restrict access to a code. |
Numeric value 1 | This field is not utilized for this code set |
Numeric value 2 | This field is not utilized for this code set |
Cost ranges | Enter the cost ranges for this category. For example, if you are setting up a category for collateral values in the range of 251K-500K, your cost range would be 25000.01,500000.00 |
Cost percent | The cost percent is used to calculate the value displayed in the estimated sales cost column on the report output. The system multiples this number by the collateral value to determine the estimated sales costs. Enter a value here, such as 6.5 (which equates to 6.5%) |
When you have entered the information, click OK to add the new code to the list.