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Unassigned Loans

January 21, 2016
Read Time: 0 min

IT IS VERY IMPORTANT TO REVIEW THIS BUCKET ANY TIME THAT INITIATE OR REFRESH IS SELECTED.  

Any loan that did not meet the designated pooling criteria will be placed here. These should be reviewed to see what caused the loan to pool incorrectly. It is a best practice to correct these loans prior to moving forward.  In the case of incorrect coding, also ensure the core system is updated.  If your pooling structure needs to be modified to account for new codes, contact MST support. Unassigned loans will not be included in your pool balances and calculated loss rates and will not be shown on reports.

 

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Abrigo enables U.S. financial institutions to support their communities through technology that fights financial crime, grows loans and deposits, and optimizes risk. Abrigo's platform centralizes the institution's data, creates a digital user experience, ensures compliance, and delivers efficiency for scale and profitable growth.

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