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Updating All Loans within a Commitment
You can use the Update All Loans feature on the Commitment Details page to perform an update to various data points for all the loans within a commitment.
To perform an update for all loans in a commitment, follow these steps:
- From the Commitment Management page, click on the commitment number to be updated.
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The Commitment Details page is displayed. Click Update All Loans.
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The Update Loans page is displayed. The following are the applicable fields that can be updated.
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Financial Institution Number
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Servicer Number
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Warehouse Lender
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Wire Nickname
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Warehouse Lender Indicator
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Make the necessary updates and then click Save and Run Loan Edits. If you want to cancel this process, click Cancel Updates.