30.1.1 Loan Commitment Propagation

When a Loan Commitment is originated, it has a commitment number rather than an account number. To support the propagation of TP Results for Loan Commitment Contracts, users can choose to match current and prior records based on the commitment number rather than the ID Number. This capability allows users to propagate from month-to-month or day-to-day within the Loan Commitment Table and after the loan is booked, from the Loan Commitment Table to one of the loan tables such as Mortgages or Loan Contracts.

You can enable or disable Loan Commitment Propagation. If this option is enabled, then Loan Commitment Propagation will run after Standard Propagation.

To define a Loan Commitment Propagation:

  1. From the LHS menu, select Funds Transfer Pricing, select FTP Maintenance, select Patterns, and then select Propagation Pattern.

    Figure 30-2 Loan Commitment Propagation


    This screen allows you to propagate from month-to-month or day-to-day within the Loan Commitment Table and after the loan is booked, from the Loan Commitment Table to one of the loan tables such as Mortgages or Loan Contracts.

    Table 30-2 Fields and Descriptions from the Loan Commitment Propagation Patterns summary page

    Term Description
    Processing Table This list includes the seeded instrument tables that hold loan contracts.
    Source Table This list includes any Instrument tables that are classified as a Loan Commitment Table, for example, Loan Commitment Contracts.
    Target Column to Match This list contains the column to use for matching the current record and prior record. The current option is Commitment Number (COMMITMENT_NBR). The propagation process will match the value in the ID_NUMBER column from the Loan Commitments Table with the COMMITMENT_NBR value from the Loan Contracts or Mortgages Table.
    Frequency A numeric value multiplied with a Multiplier to calculate the Historical Lag reference date for rate Lookups.
    Multiplier The unit value of the Frequency.

    Select the checkbox option for Loan Commitment Propagation (if applicable).

  2. Select the Source Table that needs to be associated with each Processing Table.
  3. Select the Target Column to Match as Commitment Number.
  4. Specify the Historical Lag between the processing and source tables.
    • Select the Frequency.
    • Select the Multiplier.
  5. Click Save.