Release Notes Details - BytePro 4.0

These additional notes provide information on BytePro 4.0 features requiring more detail.  Print both these details and the 4.0 Release Notes for a full record of changes. 

Click here, or use your back arrow to return to the 4.0 Release Notes.

Stored Documents

The Stored Documents feature allows you to import electronic documents that are associated with a loan file into BytePro.  Imported documents are stored in their native format in an associated folder. Native format storage means that importing is a quick process, and you have the option of exporting the document from BytePro in the same format in which it was imported. Stored documents may also be converted to PDF file format. All stored documents are automatically emailed as PDF files.

You may import documents into the BytePro loan file by dragging and dropping, copying and pasting or browsing to the document.  Drop the document onto any open BytePro loan screen, or associate the document immediately with a verification, order-out or needed item by dropping the document onto that open processing log item.

A stored document associated with a needed item appears on the Processing Log, and may be tracked with 'date ordered' and 'date received' fields, and other Processing Log tools.

A Stored Documents viewer bar appears on every screen while a stored document is open.  Click that bar, wherever you are, to open the document in front of your loan information for comparing and transferring data.

You may also store your standard and custom BytePro documents, such as the 1003 or 1008, into Stored Documents in the loan file.  These standard documents can be included in a submission or application package to a lender, or make up part of the loan archive.

For a first look, click 'Docs' in the toolbar with a loan file open to visit the Stored Documents screen for that file.

The 'Stored Documents' topic in the User Guide has more information on importing, viewing, tracking and printing stored documents.

General Changes

Revised the 4506-T Request for Tax Return Transcript

  • Increased the entered data font size to 12 pts on the printed and emailed 4506-T form.
  • Replaced drop-down list with checkboxes in section 6 (product requested), to enable multiple selections.
  • Added a separate overridable borrower phone field (bottom left).
  • Added the ability to create default sets that will fill sections 5 through 9 on the form.  To create a new 4506-T default set, go to Defaults > IRS - 4506-T (or the 'click here' link on the edit screen), double-click an empty line in the list, and enter your default data.  Click the 'Fill' button on the 4506-T edit screen to select the new default.

Update Closing Costs Automatically

Closing cost items within a selected closing cost default set can be designated to update automatically whenever any of these changes in the loan occur:

  • a closing cost default set including that closing cost item is selected for the file
  • the base loan amount or the loan with MIP\FF is changed
  • the 'Purpose of Loan' (purchase, refi, etc) is changed
  • the 'purchase price' (purchase) 'estimated value' (refinance) is changed.

The default for each item (except 801) is to not update automatically.  To change that for one or more of your closing cost items, go to Defaults > GFE - Closing Cost Estimates, double-click to edit the closing cost item, and check 'Update Closing Cost Automatically'.

Edit the line description for line 1003 on the HUD

This applies to both the HUD1 page 2 and the HUD1A.  To enable editing that line name, go to Defaults > Closing, and check 'Allow the name of line 1003 ..'  Enabling that default also allows the HUD line 1003 name to update from the GFE line 1003 name.

HUD1A and HUD1 line item names 1004 and 1005 were also made editable. They will also update from the corresponding line names on the GFE if those GFE line names are overwritten.

Open your phone dialing software by right-clicking a phone field and selecting 'dial' 

This feature requires installed dialer software (and dialer, for standard phone connection).  Enter the command line for the dialer software in Defaults > Dialing, the 'Command line' textbox.  Use quotes around the path if it includes spaces.  Append '[phone]' as shown in the example on the dialer default screen, to send the phone number entered in the phone field to the dialer software.  You may also enter a web path in the command line, for an internet phone connection.

Your dialer documentation can give you more information on opening the dialer software from a command line.

Added 'True\False' custom field data type 

The value, True or False, will be selectable from a dropdown list.  The default value will be 'False'. 

For a look at the new type, go to Defaults > Custom Fields.  Edit a custom field, and find 'True\False' at the bottom of the 'Field Type' drop down list.

Enterprise users may return a calculated value for the 'True\False' data type.  A formula, either validation rule or calculated custom field, returning a value for the 'true\false' data type must return 1, true, or yes for 'True'.  All other values will translate to 'False'.

Require users to use an existing file template each time they create a new loan file

 The default is not to require the use of a template. 

To enable the restriction in Enterprise, go to Security Manager > Security Profiles, double-click the profile to edit on the right.  On the General tab, check 'Create files' and un-check 'Create Files Without Using a Template' checkbox in the File Rights section.

To enable the restriction in Standard, go to Security Manager, and open the profile or user permission screen. Check 'Create new files' and un-check  'Create Files Without Using a Template'.

Restrict users from opening a BytePro custom Word document

 With this enabled, users may print or email the document, but are unable to open and edit the document in Word prior to printing or creating the PDF.  By default, users are not restricted. 

To enable the restriction in Enterprise, go to Security Manager >  Security Profiles, double-click the profile to edit on the right.  On the General tab, look for 'Open\preview Word docs' in the Other Rights section.

To enable the restriction in Standard, go to Security Manager, and open the profile or user permission screen. Look for 'Open or view Word documents'.

Increased the number of digits after the decimal for monthly MI premium percentage 

Enter up to four digits after the decimal.  The increased precision applies to both defaults (Defaults > GFE-Prepaids,  'Monthly Tables' link) and to the monthly percentage field for the current file.  To enter the extra digits, click in the percentage field and enter up to four digits after the decimal.  The extra digits will be displayed on the defaults screen, and in the 'Estimates' column on the mortgage insurance edit screen in the file.

Enhanced the Party Editor 

The 'Name' field is now a selectable drop-down list in the parties detail section. 

Go to Parties > double-click a party, and click the down arrow to the right of 'last name' in the details section to choose the party by name rather than by company.

Added City and State columns to the cardex contacts displayed from the Parties screen. 

These columns are sortable (click the column header) so that you can quickly find a contact in a particular city or state.

You can see the new columns by going to Parties (sidebar on the left), and opening any party.  Click the cardex icon to the right of Company or Name on the party edit screen.  The cardex entries for that party's category will be listed, with the new City and State columns.

Added a HMDA Relief CSV Report

This is a CSV (comman separated values) report that creates a file populated with required fields for export to HMDA Relief software.

To add the report, click the 'Sample reports are available, click here' link on the Reports screen.  Put a check to the left of 'HMDA Relief' in the list of sample reports, and click OK to import the report. 

Bulk Excel and CSV file Importer

Added bulk import of loan data from Excel, comma separated value (CSV) files, and other delimited files.

Create new files or merge new data with existing BytePro files.

Create a data map template for each import file format that matches each delimited field (or column) in the import file with a BytePro data field.  The BytePro map template editor allows you to skip columns in the import file that do not correspond to BytePro data fields.

To create a map template, go to Defaults > Import Template, and double-click an empty area in the list to create a new template.  Choose settings to match the import file type.  Add BytePro fields in the section below that will correspond to the data fields in the import file.  Positions must match exactly - use the 'Skip column' button to jump over fields in the import file that don't match BytePro data fields.  Note that to use a file name field from the import file for your BytePro file, you must select the 'Read new file name from import file' checkbox. 

If you wish to merge data from the import file with an existing BytePro file(s), you must also include the 'file name' field from the File Data category in the list of BytePro fields.  The BytePro 'File name' field must correspond to the file name field in the import file, and they must be an exact match for a data merge to take place.

Once the template is created, go to Tools > Import > Spreadsheet, choose the template and browse to the file to import.  The import file wizard will walk you through file naming, status assignment and user assignment selections. 

Calculate percentage of the loan for line 808 based on base loan or loan with MIP/FF 

Designate the basis for each mortgage type (conventional, FHA, etc) in defaults.
To avoid automatically changing the broker fee amount in existing files, the default basis remains 'loan with MIP/FF' for all mortgage types.  To change the fee basis:

  • Go to Defaults (toolbar) > All Defaults (group) > GFE -Closing Cost Setup (not GFE - Closing Cost Estimates).
  • Double-click line 808 to edit.
  • Click the 'Broker Fee Basis' blue link at the top of the screen.
  • Choose 'base loan' as needed.

With the defaults updated, there are two ways to re-calculate mortgage broker fee in an existing file.  You can:

  • Clear the line 808 percentage on the file's closing cost screen and re-enter it.  Or,
  • If the closing cost default (in the 'Estimates' column) reflects the updated fee amount, click 'copy' to the right. 

Added the 'Documentation Type' field to Closing Doc interface MISMO exports 

To set the documentation type, open the Processing Log, and select from the 'Doc Type' dropdown list at the top of the screen.

The following doc types (from the dropdown) are not compatible with MISMO specifications and would not be included in the export:

  • limited documentation
  • no assets on 1003
  • no inc no assets on 1003
  • no inc and no emp on 1003

Updated the FHA Informed Choice Disclosure  

Added  a default field to populate the MI percentage value displayed after the 'Based on an upfront FHA mortgage insurance rate of:  ' wording at the bottom of the disclosure.

To add a default value, go to Defaults > FHA Informed Choice Disclosure, and enter a percentage in the 'Based on ..' field at the bottom of the screen.  The value you enter will populate both new and existing files. 

Upgraded the LoanProspector.com Interface 

Removed several Loan Prospector (Freddie Mac) defaults that are no longer required from the interface. 

Seller No, TPO #, NOTP # and Password were removed from defaults, and Seller No, TPO # and NOTP # were removed from the LP interface screen.  LP uses the account information in its possession based on the  Web Interface User Name and Password you enter on the LP domain screen to populate those fields. 

Added 'Credit Agencies' dropdown list to Freddie Mac defaults.

The list contains those credit agencies approved for Loan Prospector credit requests.  You must select one of the listed credit agencies as the default credit request agency for submission.

Added the ability to manage Loan Prospector credit requests from within BytePro. 

An 'order merged credit' checkbox lets you select a merged credit request (de-select for infiles only).  'Order merged credit' should be checked for all merged credit submissions, new or existing.

The credit reference number for each non-joint applicant may be entered separately.  You may also request new credit for one applicant and default credit for another on the same submission.

The new 'Action' dropdown list, to the right of each non-joint applicant, contains the credit request options, "Default Action", re-issue report" and "New Report".  See the 'LoanProspector.com' topic in the Help Guide for details.

Added field validation for files submitted to Loan Prospector. 

Validate fields in the file manually by clicking 'Validate' on the Loan Prospector interface screen, or validate automatically as you submit by clicking 'Send to LP'.  Fields that are missing data can be corrected on the spot or choose 'skip' to enter it later.  The level of validation varies depending on the 'Processing Point' selected - 'Prequalification' validates fewer fields than 'Underwriting'.
Note that a file must pass validation in order to be submitted.

Use 'Send to your system' functionality on the Loan Prospector web site to return the following files into the loan file's Stored Documents as embedded stored files:

  • feedback certificate
  • merged credit report (if ordered)
  • liabilities (for import into the file if needed)
  • error report
  • checklist (this may be imported into Items Needed in the processing log if you wish)
  • AUS loan key number
  • merged credit reference number

Custom Document Designer (Enterprise Only)

This option is available as a separate purchase.  Contact BytePro sales for pricing.

With the custom document designer, you can create documents in BytePro's standard document format that contain both embedded data fields and your text.  Word is not required for editing, printing or viewing these documents. The custom document designer allows you to place fields and text exactly as you want on the form, using drag and drop or point and click.  You may also add calculated or standard custom fields, custom formulas, images and other design objects.

  • Easily re-create the look and feel of a BytePro standard document.
  • Print faster, without interrupted print jobs.
  • Preview the design documents in BytePro's standard document viewer.
  • Add a design document to any print group you wish.

For a look at the editor before you purchase, click Customize(toolbar) > Custom Documents > Custom Documents.

See the Enterprise Admin Guide 'Custom Documents' topic for more information on the custom document designer. 

Validation Rule Enhancements

Include a popup screen that opens when the user double-clicks a triggered validation rule message 

The popup screen may be a standard BytePro screen, or a custom screen (available as a separate purchase).  The user may use the popup screen to enter or correct the loan data that is triggering the rule.  With a custom screen, you may add additional instructions as well as calculations and fields for data entry required for the rule.

Choose a popup screen for an existing rule by going to Security Manager > Validation Rules > edit the rule, and select from the 'Popup Screen' dropdown list (upper right).

The Admin Guide has more information on adding a popup screen to your validation rules.

Restrict users from printing 'non-applicable' documents. 

Non-applicable documents include state and mortgage type specific documents that do not correspond to the current loan file.  You may also designate a document as non-applicable when a validation rule is triggered.  

To set this restriction, go to Defauts > Printing.  Select the 'Display warning and prevent them from being printed' item from the 'If documents are not applicable ..' dropdown list. 

This setting is not on a per-profile basis; it applies to all users.

Added a 'loan option' to validation rules

Each validation rule may be applied to any or all of the loans contained in the current file, including the active GFE, both the first and second (if a second exists), the closing docs loan only, the loan of record (closing loan if it exists) or all loans in the file.  The default selection is both 'first and second' loans.

To examine or change the loan option for a validation rule, go to Security Manager > Validation Rules, double-click to select the validation rule on the right.  The 'Loan Option' dropdown list is top center.

Apply validation rules to verifications and order out documents. 

Validation rules may be applied to the printing of a verification or order out, but may not be applied to leaving a verification or order out edit screen.  It is important to note that the validation rule will not apply only to the verification to be printed -it will apply throughout the loan file to a verification of that type.

For example, you might add a validation rule to check for a blank employer city field, and apply that to printing VOE's.  The rule would be triggered on any VOE you attempted to print if an employer city field elsewhere in the file was blank.

To apply a validation rule to printing verifications or order outs, edit a validation rule, click 'Select' above the Documents list, and check to select order outs (listed alphabetically in the O's) and/or verifications (listed in the V's) as needed. 

Custom Screen Enhancements (Enterprise Only)

Drag and drop (or select and click) 'Choose Fields' onto the form at the desired position for the added fields. 

In the Custom Screens editor, drag and drop 'Choose Fields' from the toolbox onto the correct position on the form. 

Alternatively, click 'Select Fields' once to select it and then click on the form.  The selected position will determine the upper left hand corner of the field group you choose to add.

Added sample custom screens that can be added to the list of Custom Screens. 

Go to Customize (toolbar) > Custom Screens > click the 'click here' link at the top of the Custom screens list.  Select a sample screen from the dropdown list at the top, and click 'Import' at the bottom right to import the sample screen.  Once imported, the layout can be examined in the editor and the screen viewed from the sidebar or as a header or footer to another specified screen.  See the 'Custom Screens' topic in the Admin Guide for more on setting up custom screens.

Added a 'party picker' control to Custom Screens. 

The party picker includes a dropdown list populated with the party category you designate.  Items in the dropdown list may include additional information about that party - for example, you may add an appraiser party picker to the custom screen that displays the selected appraiser's company name, and includes company name and appraiser's first and last names in the dropdown list for easier identification.

Changes made to the party with the party picker from a custom screen are reflected on the Parties screen, and elsewhere. 

The cardex access icon is included to the right of the party picker, allowing the user to add and choose from the cardex, if needed.  See the Custom Screens topic in the Admin guide for more information on adding a party picker.

On custom screens, added the ability to assign editable formatted fields to textboxes. 

Formatted fields include phone, fax and zipcode fields.  You will see two entries in the field picker for each formatted field.  For example, the borrower's residence zip will appear twice in the list of fields available for the custom screen  - 'zip' and 'zip formatted'.  The 'zip' field can be assigned to a label or a textbox and its value entered from the custom screen.  The 'zip formatted' field is not editable, it can be assigned to a label only.

The edit version of a formatted field, 'zip' in this example, will format correctly as the user leaves that field.