Release Notes - BytePro 3.0

General Changes (Standard and Enterprise)

Added the Dashboard, which displays a mix of web pages and BytePro reports on one screen

To open, click 'Dashboard' in the sidebar.

The Dashboard select list on the left holds up to ten reports and web pages.  Select from one to four reports by holding down the Ctrl or Shift keys as you click.   Click 'Run' to display selected reports.  Click 'Run' again only when you need to re-run already selected reports.

Selected Dashboard reports are run at the same time - they are optimized to run more quickly together than they would separately.   An updated date and time stamp at the top of the Dashboard reminds you of the last time you ran reports.

With two or three reports selected, click 'Layout' at the top of the Dashboard to re-arrange the view dimensions.

Click 'Configure' at the top of the Dashboard (or Defaults > Dashboard) to add reports and web pages to the list of available items.  The Built In Report type represents non-editable BytePro reports. 

Look for the Defaults > Dashboard topic in the Help Guide for more information on Built In Reports, adding reports, and Dashboard configuration.  The Quick Start > Creating a New Loan File topic (in the Help guide) also has Dashboard tips.

Added risk-based premium calculations for FHA loans

Risk-based premiums affect those FHA loans assigned a case file number on or after July 14, 2008.   This HUD notice details the new rules used to determine the MIP and annual premium percentages.  With the new system, FHA up-front and annual premiums are to be based on the loan term, the LTV and the borrowers' credit scores instead of on the flat rates used prior to July 14.

For files whose case numbers are assigned before July 14, 2008, the old rules for calculating the MIP and annual premium will apply.

On each file, the ‘Case number assigned before July 14, 2008’ checkbox on the ‘Loan with MIP/FF’ popup screen (GFE Part 1 - Loan Programs > assist button to the right of 'Loan with MIP/FF') determines whether flat rate or risk-based calculations are used.

For files created before July 14, 2008, ‘Case number assigned before July 14, 2008’ will be checked by default.  For files created on or after July 14, 2008, it will be automatically un-checked.

BytePro will automatically determine the correct upfront MIP on the Loan Programs screen and will update the “Loan With MIP/FF” accordingly. The assist button next to the “Loan With MIP/FF” displays the information used to derive the upfront MIP percentage. For more information see the FAQ: How are FHA risk based premiums implemented? in the BytePro knowledge base.

Increased the number of custom fields

You can now define up to 200 custom fields, and you can also change the order in which the fields appear on the screen. Do you need even more flexibility? Contact Sales and ask about the upcoming 3.1 version of BytePro Enterprise which will feature a custom screen designer.

Changed the Funding Date field

  • Added the Scheduled Funding Date to the GFE Part 3 - Prepaids screen.
  • Replaced the Funding Date with Scheduled Funding Date on the Escrow Closing Instructions, HUD1 page 2 and HUD1A.
  • The Scheduled Funding Date rather than Funding Date is exported in closing document interfaces and export files.

Added new fields to reports

The following new fields are available for reporting

  • FHA Original Loan Amount - PrevFHAMortOrigLoan in the FHA category in the list of fields.
  • Lock Date or Floating - LockDateOrFloating in the Loan category.  This field displays either the lock expiration date or the word "Floating" as appropriate.

Custom Word Docs and Marketing Mailers are now embedded by default

The default storage mechanism for new custom docs and market mailers is to embed them in the database (for Enterprise) or in Default .dft files (for Standard).  You can still choose to 'link' Word documents, where the Word document is stored in a separate dedicated folder on the hard disk.

Added 'As Words' formatting options for number fields (including currency fields) on custom documents and reports 

Express a number field, like an interest rate, as an 'As Words' fraction ('six and one eighth') an 'As Words' decimal (six point one two five zero) or an 'As Words' thousandths (six point one two five).  You can also format the number field as currency ($6.13) or as a decimal (6.125).

To change the formatting:

  • Open the report or document containing the field to edit.
  • Double-click the number field to edit, then click the 'Edit' link and choose the format you need.

If you need to display the same field in multiple formats you can make a copy of the field by using the copy button in the toolbar that is displayed above the list of fields.

Added a loan officer and/or a listing agent picture or logo to an open house flyer

Open a file and go to Sales Tools > Open House Flyer. In addition to the property picture, you can add a listing agent graphic and/or a loan officer graphic to the flyer. Each will appear to the left of the corresponding contact information.

Added bulk Fannie Mae file import feature

You can now import multiple Fannie Mae files at once. For each set of imported files you can:

  • add a prefix to the file names
  • use existing file names or auto file naming (if enabled)
  • choose the organization (Enterprise only)
  • determine the file status
  • assign users

Updated HMDA prompts for compatibility with HMDA Edits through 2008

Updated prompts on each file's HMDA screen (Tracking > HMDA) and on the error report generated with a HMDA export (Tools > HMDA).

Enabled sorting and filtering on 'Current File Only' Detail Grid Reports

Sort Items Needed by due date for the current file for a 'to do' list.  Sort and filter any other detail fields in the file as well.

Form Changes (Standard and Enterprise)

Added FHA form 92900-LT (FHA Loan Underwriting and Transmittal Summary)

This form replaces both the purchase and refinance versions of the mortgage credit analysis worksheets (the 92900-PUR and the 92900-WS). The 92900-LT can be used immediately, but will be required for all loan applications taken on or after October 1, 2008.

The retiring FHA MCAW forms will remain available within BytePro. The MCAW can still be found in the FHA/VA Forms category in the sidebar on the left. The new 92900-LT form is in the same category.

See HUD Mortgagee letter 2008-15 for more information on the transition.

Updated FHA form 92900-A (Addendum to Uniform Residential Loan Application)

This updated form contains minor revisions.  See the Mortgagee letter 2008-15 (referenced above) for more information on the 92900-A changes.

This form may be used immediately but will be required for all loan applications taken on or after October 1, 2008. 

Updated the Fannie Mae 1008 / Freddie Mac 1077

The revised form can be used immediately and is required by Fannie Mae by September 1, 2008 and is required by Freddie Mac by October 17, 2008.

Existing files with obsolete Condo classifications (I Condo, II Condo or III Condo) will print and preview with no Property Classification checked.

Updated the FHA 203(k) Worksheet

Updated the expiration date to 01/31/2009, and made other minor wording adjustments.

Minor changes to the VA Loan Analysis 26-6393

Date at the bottom of the form has been updated.

Updated the OMB expiration date on the following documents:

  • FHA/VA Addendum
  • FHA MCAW - Purchase Page 1 HUD 92900-PUR (top right only)
  • FHA MCAW - Refi page 1 HUD 92900-WS (top right only)
  • 92900b 'Important Information to Home Buyer'
  • Compliance Inspection Report HUD 92051
  • FHA Analysis of Appraisal

Updated the 4506-T

Updated the wording for the 2008 version.

Interface Updates (Standard and Enterprise)

Added the ability to update the list of interfaces automatically

As new interfaces are developed they will now appear automatically in BytePro.

If you experience excessive delays when navigating to interface screens you can turn off automatic updates by going to Customize >> Defaults >> Internet Settings and check the box labeled "Don't Automatically Download Interfaces".

To check for new interfaces manually select the menu item Interfaces >> Download Latest Interfaces.

Added DataVerify verification and fraud detection interface

Data Verify (Interfaces > Fraud Detection) offers verification and fraud detection services that cover many categories including income, identification, property valuation and employment.   Visit the DataVerify web site for more information on their services.

Added new Interface categories

  • Added a Fraud Detection category and moved the CBCInnovis ID Cross Check interface to this category.
  • Added a Loan Servicing category and moved the Trakker interface to this category.
  • Added a Product and Pricing category. Interfaces will be added to this category over time.

Added new credit interfaces

  • ACRAnet (choose the correct branch number on the submit screen)
  • Advantage Credit Inc. of Colorado
  • CBY Systems
  • Credit Bureau Services - Fort Lauderdale
  • Credit Link
  • Nationwide Commercial Services
  • Network Credit Services
  • Premium Credit Bureau
  • Settlement One
  • Universal Credit Services

Added a new mortgage insurance interface

  • Genworth Mortgage Insurance

Retired the Generic X-12 credit interface

BytePro now includes direct interfaces to all major credit reporting agencies, so the Generic X-12 interface has been retired.

If you normally use the Generic X-12 interface please review our complete list of providers on the main credit ordering screen. If your provider is already listed then simply use the direct interface. If your provider is not listed you still have options:

  • Contact your credit reporting agency and ask them to be added as an interface partner.
  • Contact us at support@bytesoftware.com and we will work with your credit reporting agency to get them added.
  • Choose a different credit reporting agency with a direct interface.

BytePro Enterprise Only  

Added the ability to run validation rules when leaving a designated screen or printing a designated document (Enterprise only)

In addition to status changes, validation rules can run when an attempt is made to print a document or to exit a screen.  You determine as you edit the rule which status changes, documents and/or screens will run the rule, and whether or not the rule is a warning or error.  Warnings display a message only, triggered error rules will not allow the document to print (or the screen to be exited) without satisfying the rule.

The validation rule edit screen has been modified to make those changes easy to edit and view.  In Security Manager > Validation Rules, click the screen or document on the left to see all validation rules that will run when the screen is exited or the document is printed.  Click 'All status changes' to see all rules that run based on any status change, or click 'all rules' for a comprehensive list.

Double-click to edit an existing rule to see the new edit screen with add sections for status, documents and screens.

Added a ClickOnce installation option (Enterprise only)

ClickOnce is a feature that can make deploying updates a snap when distributing the software within a large organization.  A ClickOnce installation is characterized by several features:

  • A ClickOnce server installation puts the installation files for the client on the server for each user to download via http (with your web server) or file share access.
  • The BytePro installation with ClickOnce is per-user, installing the program files to the user's account.
  • The installed application can automatically check for BytePro Enterprise updates on the server.  If an update is found, it is downloaded and installed on the client.

If ClickOnce sounds right for your company, the Installation > ClickOnce topic in the Enterprise Admin Guide will give you more information on the advantages and disadvantages of ClickOnce technology.

Added the ability to bulk export BytePro Enterprise loan files and defaults to BytePro Standard (Enterprise only)

Click Tools > Admin Tools > 'Bulk Export to BytePro Standard' to access the export utility. For both loans and defaults, you can choose to overwrite or skip existing data.

To export loans:

  • Select 'Loans' and click 'Next'.
  • Check to select loans to export. Use the filters on the left (if necessary) and 'Select All' to choose a group of loans.
  • Click 'Export', and browse for the folder in which to deposit the loan files. If you are exporting to a BytePro Standard data folder, browse to the appropriate Files subfolder (ex., Active Files, Closed Files, etc).

To export defaults (including custom documents and reports):

  • Select 'Defaults' and click 'Next'.
  • Browse to the folder in which to deposit the loan files. Note that the export will automatically create a 'Reports' subfolder for reports and custom documents. If you are exporting to a BytePro Standard data folder, browse to the Defaults subfolder. 

Added the ability to import BytePro Standard loans and defaults from a location that isn't connected to a data folder (Enterprise only)

The import folder no longer has to be a Standard data folder. Go to Tools > Import > BytePro Standard Data, choose 'Loans' or 'Defaults' and then 'Other Folder'. Browse directly to the folder containing the data to import. Note that reports and embedded documents must be in a 'Reports' subfolder within the folder containing defaults to import.

Removed the 500 file limit on the bulk assignment tool (Enterprise only)

The bulk assignment tool (Tools >> Admin Tools >> Bulk Assignment) allows you to update the Status, Organization, and Username assigned to a group of loan files. This tool now allows you to update an unlimited number of files at once.

Added a new option when updating the user name in the bulk assignment tool (Enterprise Only)

When updating a username you now have the option to update the party information associated with that user name. For instance, if you change the Loan Officer user name to the Joan.Jones user, you are now asked whether you want to update the loan officer party (Goto >> Tracking >> Parties >> Loan Officer) with information from the Joan.Jones user in the security manager (Tools >> Admin Tools >> Security Manager >> Users). Updated information includes the contact name and phone numbers.

Added the ability to designate the SQL Server Express installation directory (Enterprise only)

During the installation wizard, you can now choose an installation directory for SQL Server Express other than the default directory of C:\Program Files\Microsoft SQL Server.

Added a database backup option to BytePro Enterprise database updater (Enterprise only)

A backup option is now included as part of the update wizard. De-select the backup only if you are confident that your existing Enterprise database backups are up-to-date and robust.  Accept the default directory (My Documents) or designate your own.