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The Stipulations panel allows users to view and maintain the conditions required to approve and/or disburse an application.

The Stipulations panel contains a grid that displays all stipulations. Each stipulation is a table row that displays the associated details in the following columns:

Column	Description
Stipulation	Displays the name of the condition that must be met before the application can be approved or disbursed. The possible stipulations that populate in this field are defined within the STIPULATION_CODE field lookup.
Required For	Indicates the application process which the stipulations must be met prior to executing.   There are three types of stipulations that can be added in the Loan Origination module: Approval – These stipulations must be met before an application can be approved. Disbursement – These stipulations must be met before an application can be disbursed. Documents – These stipulations must be met before an application's documents can be generated.
Other Description	Displays the associated comment, if an "Other" stipulation was selected.
Added By	Displays the name of the user who added the stipulation.
Met	Displays a check box that indicates whether a stipulation has been met. Select the check box to indicate the condition has been met by the applicant.
Waived	Displays a check box that indicates whether a stipulation has been waived. Select the check box to indicate the condition has been waived by the institution.
Comments	Displays any user comments for a stipulation. Select the row and click the comments field to add a comment to a stipulation.
Date Fulfilled	Displays the date the stipulation was met.
Fulfilled By	Displays the name of the user who met or waived the stipulation.
Security Groups	Displays the number of security groups that can fulfill a stipulation. If the number is 0 (zero), all security groups can fulfill this stipulation. If a number > 0 populates, only the specified security group may fulfill the stipulation. If a user belongs to a security group that can fulfill a stipulation, it populates in the "Items you can complete" section. Otherwise, it populates in the "Items you cannot complete" section.
Documents	Displays  to allow documents to be attached to the stipulation if the STIPULATION_CODE field lookup has a 'Y' value in the Requires Document column. The numerical value displayed next to the Attach button signifies the number of documents currently attached to the stipulation.
Applies To	Indicates whether the stipulation applies to the approval, document generation, or disbursement of a loan application.

In addition to displaying stipulations, users are able to perform the following actions within the Stipulations panel:

Icon	Description
	Allows a user to add a stipulation to the application. When a stipulation is added, a row is added to the Stipulation grid.
	Allows a user to simultaneously add multiple stipulations to an application.
	Allows a user to edit an existing application stipulation.
	Allows a user to remove a stipulation from the application. When a stipulation is deleted, a row is removed from the Stipulation grid.

Adding a Stipulations

Stipulations may be added to an application automatically via rules or manually within the Stipulations panel.

Automatic

System administrators have the ability to author rules within the Stipulation category that determine the stipulations which are automatically added to an application, if the defined conditions are met. Once defined, these rules are assigned to applicable sub-products.

Stipulation rules execute when the Process Stipulation Rules action is triggered by a corresponding event. All stipulation rules assigned to the application type execute as Event Processing does not allow selection of specific stipulation rules.

 For more information on stipulations assigned by rules, please see the Rules Management section.

Manual

Add a stipulation by clicking the Add button within the Stipulations panel. A new row is created in the Stipulations grid. Clicking within the Stipulation column populates the stipulation drop-down list. Select the desired stipulation.

After the stipulation is selected, click the Required For column to indicate whether the stipulation must be met or cleared prior to the application’s approval or disbursement.

Finalize the addition of the stipulation by saving the screen.

Adding Multiple Stipulations

To add multiple situations at once, click . The Add Multiple Stipulations pop-up window appears. The Applies To drop-down in the top of the window identifies whether the stipulations are being applied to the approval or disbursement of a loan application. This drop-down defaults to the type of application in progress, such as Loan.

The Applies To drop-down in the top of the window identifies whether the stipulations are being applied to the approval or disbursement of a loan application. This drop-down defaults to the type of application in progress, such as Loan.

Select the check boxes that correspond with the desired stipulations to add them to the application. To select all stipulations, click the check box in the top of the Add Multiple Stipulations grid.

Once all the desired stipulations have been selected, click OK. The selected stipulations populate in the Stipulations panel.

Editing Stipulations

Editing stipulations allows users to modify details of a stipulation. To edit a stipulation, select the stipulation from the list and click Edit.

Update the desired fields and assign the appropriate security groups.

Once all fields have been updated, click OK to retain the changes. The window closes and the changes reflect in the Stipulations table.

Deleting Stipulations

Select the stipulation that is to be removed and click Delete.

Clearing Stipulations

When completing an application’s underwriting review process, users are able to clear outstanding stipulations by selecting the Met or Waived check boxes.

When stipulations are Met, the Date Fulfilled and Fulfilled By columns are automatically populated with the information of the user that cleared the stipulation. Enter any supporting information in the Comments column.

Finalize clearing a stipulation by saving the screen.

Adding Documents to a Stipulation

If documents are required to clear a stipulation, a  is displayed in the documents column. Clicking  displays a Stipulation Documents window that allows a user to browse their local or network drive to attach supporting documents to the current stipulation. Users can also view or delete existing documents from the list displayed in the Stipulation Documents window.

Within this screen, the following columns of information appear for each document:

Column	Description
Name	Displays the name of the document in the following format: <document name>.<file extension>.
Description	Displays the description provided for the document.
Document Classification	Displays the document classification.
Source	Displays the source of the document, such API, Virtual Capture, the name of the user who attached the document within the Lifecycle Management Suite, or the name of the third party connector from which the documents were received. For information on attaching/receiving documents for a specific connector, please see the applicable connector guide.

The buttons in the top of the screen provide users with the ability to perform the following functions:

Function	Description
	Enables a user to attach a document to the application. Clicking this button opens the Attach Document window.
	Enables a user to edit the attributes of a previously attached document. Clicking this button opens the Edit Document window.
	Enables a user to view a document that is attached to the application.
	Enables a user to remove an attached document from an application.
	Enables a user to close the Application Documents screen.

Attach Document

Clicking  opens the Attach Document window.

Within the Attach Document window, the following fields display:

Field	Description
Select File	Read-only field that indicates the name of the attached document. Click  to locate the document to be attached within File Explorer. Once the document is attached, the document name and file path populates within this field. The Lifecycle Management Suite only supports the ability to upload documents including one of the following file extensions: .csv, .doc, .docx, .gif, .jpeg, .jpg, .msg, .pdf, .png,. rtf, .tif, .tiff, .txt, .xls, .xlsx. If a document does not include an approved file extension, has more than one period in the filename, or has a unicode character in the filename, the file cannot be uploaded to an application.
Classification	Allows users to select the classification of the attached document from the drop-down list. This drop-down includes a list of the values configured for the DOCUMENT_CLASSIFICATION lookup in System Management > Origination > Field Configurations.
Description	Allows users to enter a brief statement that describes the attached document.
Display to Applicant	Allows users to indicate whether or not the attached document displays to applicants in Virtual Capture.

Edit Document

Clicking  opens the Attach Document window.

Within the Edit Document window, the following fields display:

Field	Description
Classification	Allows users to edit the classification of the attached document from the drop-down list. This drop-down includes a list of the values configured for the DOCUMENT_CLASSIFICATION lookup in System Management > Origination > Field Configurations.
Description	Allows users to edit the statement that describes the attached document.
Display to Applicant	Allows users to indicate whether or not the attached document displays to applicants in Virtual Capture. Whenever a document is uploaded from Virtual Capture, this field is automatically selected.

Attach a Document

Edit Document

View Document

Delete Document

 

 

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