7.8 Decision Tab

This topic provides information on the decision section. It enables users to view and manage decision details.

If the application was initially approved automatically, the system displays its recommendations on the Decision tab’s Approved section.

If the application was initially rejected automatically, the system displays its reasons on the Decision link’s Stipulation sub tab.

If user choose to approve or reject the Line of credit manually, user must manually select the pricing (rule) set by the portfolio company for a specific product. The system validates this pricing against the information in the System Recommendation sections. The information in the Requested section comes from the application entry process and can be edited.

• If the data meets user approval, change the status of the application to either APPROVED or REJECTED and enter any stipulations.
• If user reject the application, change the status to REJECTED and enter the reasons for the adverse action on the Stipulations sub screen.

To verify the application decision data

1. On the Origination, click Origination. Under Origination, click Underwriting.
2. Under Underwriting, click Decision.

   The Decision displays.

   Figure 7-6 Decision - Line

   
   

   
   Description of "Figure 7-6 Decision - Line"

   
   
3. Perform any of the Basic Operations mentioned in Preface chapter.
   A brief description of the fields is given below:

   Table 7-28 Decision

   Field	Description
   Pricing	Display the pricing section.
   Current	Check this box to indicate that this is the current decision.
   Pricing	View the pricing.
   Decision Dt	View the decision date.
   Underwriter	View the underwriter id.
   Status	View the application status.
   Sub Status	View the application sub-status.
   Approved	Display the approved section.
   Index	Specify the index type.
   Approved Index Rate	Specify the approved index rate.
   Approved Margin Rate	Specify the approved margin rate.
   Approved Rate	Specify the approved rate.
   Maturity Index	Select the approved maturity index.
   Maturity Margin Rt	Specify the maturity margin rate.
   Credit Limit	Specify the credit limit.
   Promotion	Select the promotion.
   Grade	Select the credit grade.
   Score	Specify the credit score.
   Draw Term	Specify the draw term.
   Repmt Term	Specify the repayment term.
   Bureau 1	Specify the Bureau 1.
   Bureau 2	Specify the Bureau 2.
   Bureau 3	Specify the Bureau 3.
   Comments	Specify comments, if any.

4. Perform any of the Basic Actions mentioned in Preface.
5. Click Select Pricing.

   The system determines the best pricing match of all enabled Line of credit pricing strings in the Setup menu and displays the results in the Pricing and Approved sections.

6. Re-Score

   A Re-Score button is available next to Calculate. Whenever any sensitive Financial or Collateral information is amended in the Application, OFSLL displays a warning message Scoring sensitive information is changed. Re-score the application. User need to click on Re-Score to re-validate the grade and pricing accordingly.

   The display of the warning message to Re-score the application can be controlled using the respective System parameter. If the defined System Parameter is flagged Y, only then the message is displayed.

   If user are underwriting a Line of credit, record the following information on the Decision tab:

7. If user are approving the application, complete the Approved section with the values user want to approve as an underwriter. User can update the default values that appeared when user selected the pricing string in Step 3. (The system calculator may be of use when completing this section. For more information, refer the Tools chapter).

• System Recommendation
  This topic provides information on the System Recommendation section. It enables users to view automated recommendations generated by the system based on predefined rules, data analysis, and eligibility criteria within the request.
• Stipulations Sub Tab
  This topic provides information on the stipulations sub tab.
• Itemization Sub Tab
  This topic provides information on the Itemization section.
• Trade-In Sub Tab
  This topic provides information on the trade-in section. It enables users to capture, view, and manage trade-in details.
• Rate Schedule Sub Tab
  This topic provides information on the rate schedule section.
• Subvention Sub Tab
  This topic provides information on the Subvention sub tab. It enables users to capture, view, and manage detailed subvention entries such as subsidies, discounts, or financial support applied within the request.