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Release - 3.9.4

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Written by Hannah Levick
Updated over a month ago

🛠️IMPROVEMENTS

  • Updated MI Reference Data

    • Refreshed mortgage insurance reference data for accurate loan processing

  • Enhanced Gift or Grant Asset Type

    • When selecting "Gift or Grant" as the asset type AND "Lender" or "Non-Originating Lender" as the Source Type:

      • New "Closing Cost Amount" field now appears

      • If "Downpayment Source" toggle is enabled:

        • Downpayment Source dropdown becomes available

        • Downpayment Amount field becomes available

  • New Income Type Option

    • Added "Military Base Pay" as an income type option

  • Expanded Affordable Loan Program Types (LPA)

    • Added new options to the dropdown:

      • Refi Possible

      • Enhanced Relief Refinance

  • Improved Agency Details Display

    • "Agency Case ID" field now displayed in both FHA and VA Details sections

  • New Sponsored Originator EIN Field

    • Added to the Run AUS modal

    • Added to the FHA Details section

  • Added Property Data Identifier Field

    • New field specifically for use with LPA submissions


🚀New Features

AUS: Freddie Mac (LPA)

Sonar is now fully integrated with Freddie Mac's Loan Product Advisor® (LPA℠) AUS. Through this integration, you can submit loan data for assessment and re-issue asset and income verification reports directly within LPA.

Setting Up LPA Integration

  1. Navigate to your Integrations Page (under Settings) and select Add Integration.

  2. Configure the integration:

    • Integration Type: Freddie Mac

    • Provider: Freddie Mac (LPA)

  3. Enter your credentials:

    • S2S Username

    • S2S Password

    • Party Type

    • Party Number

  4. Click Test to verify your connection, then Save.

Running LPA on a Loan File

To submit a loan file to LPA:

  1. Open the desired loan file.

  2. Navigate to the AUS section.

  3. Select Freddie Mac (LPA) from the available AUS options.

  4. To create a new Case ID for an existing loan, select New Case ID from the dropdown.

  5. If you work at a branch or need to specify your company's Lending Institution ID, use the toggle field to enter this identifier.

Requesting a Verification Report

If you need to re-issue a verification report:

  1. Toggle on I want to use an external verification report.

  2. Click Run AUS.

Viewing Results & Troubleshooting

  • Access past submissions and case history in the Report History table.

  • Use the Error Resolution table for quick troubleshooting with specific error codes and solutions.

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🐛 Bug Fixes

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