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NEW QUESTION 54
For a user to add a 'Non-Standard' Fee to a loan:

  • A. They need a special custom object to track Non-Standard Fees
  • B. The Fee must exist as a record of the Template Object
  • C. The Fee must exist as an option in the 'Fee Type' picklist on the Fee Object
  • D. They need access to a text field labeled 'other' to enter the fee type

Answer: C

 

NEW QUESTION 55
True or False? Collateral Management records should be created for each loan they are associated with.

  • A. True
  • B. False

Answer: A

 

NEW QUESTION 56
What method of organization should be used to create the Loan Document Manager Smart Checklists?

  • A. Use Loan Amount and Product Line only
  • B. Start with least common documents with broad criteria, work your way down to smaller groups
  • C. Start with most common documents with broad criteria, work your way down to smaller groups with more granular criteria
  • D. Start with random documents, no one way is easier

Answer: C

 

NEW QUESTION 57
True or False? The Loan Exception file catches loan duplicates from coming into the system.

  • A. True
  • B. False

Answer: A

 

NEW QUESTION 58
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