How to generate and use the borrower payment register?

TIP: We recommend that payment registers be printed and audited for accuracy after each batch of payments is entered. If you discover that a payment was entered incorrectly, you easily delete it, and re-enter it correctly at this time since distributions have not been made.

To print a borrower payment register:

Go to Loan Servicing in the left panel of The Mortgage Office®.
Click Tasks & Reports from the menu located on the left of the window.
Click Payment Register under Loan Transactions.

Go to Loan Servicing in the left panel of The Mortgage Office®.
Click All Loans from the menu located on the left of the window.
From the grid, select the loan for which you want to enter a payment.

TIP: If the loan you want to edit is not visible, use the grid's vertical scroll bar to scroll the contents of the grid up or down, or click Find to search for the loan by entering your own search criteria. For additional information see How to Use Find and How to Use the Data Grids.

Click and select Payment Register.
Select the Reporting Period from the list. All payments received within the selected period will be included in the list.

TIP: You may select one of the predefined periods or select Custom to enter a starting and ending date of your choice.

Include Payments Entered By. Select to include only payments enter by an individual user or all users.

TIP: If you have more than one person entering payments during the day, this feature enables each operator to easily audit his own work.

Print Payment Distribution . Select to include a detail distribution for each payment.
Select Loan Categories to Include or Exclude. Use this option to include or exclude loans based on their categories.

INFO: Categories are keywords or phrases that help you create logical loan groups. For example, you can create a category named Commercial and assign it to all loans secured by a commercial property. You can then easily include or exclude any loan with the Commercial category. To learn more read How to Use the Categories Window.

Click to Print the report.

TIP: To know more about how to use the print preview window, click here.

Click or the grey X in the corner of the assistant to exit.

Please note that report fields cannot be edited.

How to generate and use the borrower payment register?

This article discusses how to generate and use the borrower payment register.