Improvements

• Improved the custom Cost of Funds (COF) lookup feature for adjustable-rate loans by enhancing the calculations to include more payment types.
• Improved method for calculating regulatory operational risk capital to align with current method of calculating economic operational risk capital. Now, when operational risk is calculated based on the percent of revenue, the revenue will include earnings on capital. In regulatory operational risk, this will be earnings on regulatory credit capital, whereas in economic operational risk this will be earnings on economic credit capital.

Bug Fixes

• Fixed an issue in the Edit Rate Details window where the Spread Over value did not correctly adjust when Andi applied an increase to the Initial Rate to hit the hurdle while pricing a tax-exempt, fixed-rate loan. Now, when Andi applies a different Initial Rate, the Spread Over input adjusts accordingly.
  

  Note

  This fix only applies to clients who have the Enable Fixed Tax-Exempt Scaling Factor feature enabled.

• Fixed an issue where, when switching from Loan Life/Unweighted Loan Life to 1 Year in the Current Opportunity Horizon dropdown menu, the loan financial statement could not find the Alternative financial statement and the system would default back to the original financial statement, causing a mismatch in the opportunity and loan financial statements.