How to reverse a transaction in a loan file?

To reverse a transaction from the loans grid:

Click on the Loan Servicing drop-down menu in the left panel of The Mortgage Office®.
Click the Loans drop-down menu.
Click All Loans from the list that drops down.
From the All Loans grid, select the loan you want to modify.

TIP: If the record 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 record by entering your own search criteria. For additional information see How to Use Find and How to Use the Data Grids.

Click from the options available in the top panel.
From the grid, select the transaction you want to reverse.
Click and select Reverse Transaction from the list to launch the assistant.
Click Yes to continue and reverse the transaction or No to abort.

How to reverse a transaction in a loan file?

This article discusses how to reverse a transaction in a loan file.

To reverse a transaction from the loans grid: