2.6.2 Valuation Details

This topic provides the systematic instructions to capture the information on the asset valuation done by the bank approved valuator.

Valuation Details is the next data segment of Underwriting stage.

1. Click Next in the Credit Rating Details screen to proceed with the next data segment, after successfully capturing the data.

   The Valuation Details screen displays.

   Figure 2-41 Valuation Details

   
   

   
   Description of "Figure 2-41 Valuation Details"

   
   
2. Specify the fields on Valuation Details screen.

   Note:

   The fields, which mentioned as Required, are mandatory.

   If Oracle Banking Origination is integrated with Oracle Banking Credit Facilities Process Management, the valuation details will be fetched from integration service and the values will be displayed in the respective fields as read only data. In the absence of Oracle Banking Credit Facilities Process Management integration, the user has to capture the valuation details manually in this data segment.

   For more information on fields, refer to the field description table.

   Table 2-37 Valuation Details – Field Description

   Field	Description
   Collateral Description	Displays the collateral description which is added.
   Collateral Type	Displays the collateral type which is added.
   Category	Displays the category of the collateral which is added.
   Collateral Value	Displays the value of the collateral which is added.
   Owners	Displays the owner’s name of the collateral.
   Collateral ID	Displays the Collateral ID.
   Collateral Description	Displays the description of the collateral.
   Liability ID	Displays the Liability ID
   Liability Description	Displays the Liability description.
   Hair Cut %	Displays the Hair cut percentage.
   Collateral Amount	Displays the collateral amount.
   Valuation Type	Select the type of valuation. Available options are External Internal
   Valuation Amount	Specify the valuation amount of the collateral.
   Agency Code	Specify the agency code.
   Agency Name	Specify the name of agency.
   Valuation Date	Select the valuation date. Date should not be earlier than the Application Date.
   Add Valuation	Click Add Valuation to add valuation details. Add the valuation details if you want to evaluate the collateral.

3. Click Next to navigate to the next data segment, after successfully capturing the data. The system will validate all mandatory data segments and data fields. If mandatory details are not provided, the system displays an error message for the user to take action. User will not be able to proceed to the next data segment, without capturing the mandatory data.
   All the fields will be fetched from Oracle Banking Credit Facilities Process Management in read only mode if integrated with Oracle Banking Credit Facilities Process Management.