The global setup for Credit Bureau is configured from the Credit Bureau sub-category under Loan Setup.
Click Add to configure a new credit bureau header.
Enter the unique ID code provided to you from the various reporting agencies in the appropriate fields. Enter the reporter name and address as defined in your accounts with the reporting agencies. Enter your identification number. This is a number used to uniquely identify a data furnisher. It is your internal code to identify the particular branch office from which the data originated.
NLS 5.14 and later
SFTP the Metro 2 File
To transmit the Metro 2 file electronically via SFTP, select SFTP the Metro 2 File and choose a SFTP server as configured in Setup > System > SFTP Settings.
NLS 5.16 and later
Selected segments, if available, will be included in the Metro 2 file.
Segment N1 – if a primary employer exists and its end date is not defined or is after the current date, the primary employer will be included in the Metro 2. Else, the first employer with an undefined end date or an employer with an end date farthest into the future will be included. If no employer matches these criteria, N1 will not be filed.
NLS 5.19 and later
When selected, the current credit bureau header will be used for all credit processing, overriding any branch credit bureau header configurations and loan group credit bureau header configurations.
If you are going to be pulling credit reports into NLS, configure the credentials provided to you by the credit bureau on the Requesting Credentials tab of the Credit Bureau Setup.
NLS 4.9.3 and later
Risk Based Pricing
To enable the receiving of risk based pricing add-on data from a credit bureau click Add Ons and select Risk Based Pricing in the Add Ons dialog. The data returned by the credit bureau is a ranking percentage of the credit score. A min/max credit score value may also be requested from TransUnion.
NLS 4.10.6 and later
Military Lending Act (MLA)
To enable the receiving of Military Lending Act add-on data from a credit bureau click Add Ons and select Military Lending Act (MLA) in the Add Ons dialog. The information received—MLA Covered Borrower status—will be displayed in the Special Messages section of the credit report.
For more information, see Credit Profile.
NLS 5.18 and later
Applies to Metro 2 Special Comment.
Comment codes will be reported on the Metro 2 based on the Payer selection when a payoff is made.
User privilege for this feature may be configured under Loan > Transaction Entry > Payoff > Metro2 Payer Special Comment.
|Enable payer selection in Transaction Entry on payoff||When enabled, the Payer dropdown list will be displayed in the Transaction Entry dialog when the Payoff option is selected.|
|Payers||List of payers to be displayed in the Payer dropdown in the Transaction Entry dialog. Click to configure the list of payers.|
|Metro 2 Comment Code||The Comment Code that will be reported on the Metro 2 for the corresponding Payer selection.|