Capturing Regulation C Compliance Information

If the loan is declined, the processing agent or underwriter must enter the reason of the decline for regulation C reporting. The agent uses the Regulation C view to capture the information.

To enter regulation C information

1. Navigate to the Applications screen, and then the Applications List view.

2. Drill down on an application, and click the Compliance view tab.

3. In the Compliance list, select the Regulation C Information view link.

4. In the Product list, select the product that is being declined.

5. In the Regulation C Information form, complete the necessary fields.