Improvements

  • We've added a new setting for Commercial Loan Products in the Prepayment section: Prepayment Strategy and Prepayment Calculation Method. By default, these set to "Amortize" and "Constant prepayment (CPR)" for all clients, which is consistent with the way we've always treated prepayments. The new configuration options allow for re-amortization of a loan after each prepayment and for changing the prepayment frequency.

 

Bug Fixes

  • We've fixed a bug where an error would display when trying to view Assumptions for some Letter of Credit products