Create a Stage Curing Rule
Perform the following steps to create a Stage Curing Rule:
- On the Stage Curing Rule Summary page, click the Add icon to open
the Stage Curing Rule window.
- Populate the Stage Curing Rule form as tabulated:
Option Description Name Enter a name for the Stage Curing Rule definition. This is a mandatory field.
Description Enter a description for the Stage Curing Rule definition. Folder Select a folder from the drop-down list. This is a mandatory field.
Modelling Set Select a Modelling Set from the drop-down list. This is a mandatory field.
Rule Parameters Enable or disable the required Rule Parameters in this pane. The available Rule Parameters are: - Cooling Period(Days)
- Days Past Due
- Rating Long Term (Internal Rating Ranks are considered)
- Rating Sort Terms (Internal Rating Ranks are considered)
- LTV (Loan to Value Ratio)
- FICO Score (Credit Score)
- 12 Month PD
- Life Time PD
Curing Rules (This refers to the previous reporting stage of the account.) In this pane, the following actions must be performed: - Stage <> - Click the slider to enable or disable this stage curing rule.
- Current - This refers to the stage that the account is in.
- Target - Target - Select a target stage from the drop-down list.
- Source Table -
- Cooling Period(Days) - Enter a positive integer in the Cooling Period(Days) row of these source tables. This is a mandatory field.
- Days Past Due -
- Left-Column (Comparison Symbols) - Select a comparison symbol from the drop-down lists.
- Right Column (Values) - Enter only a positive integer in these fields.
These are mandatory fields.
- Rating Long Term (Internal Rating
Ranks are considered)
- Left-Column (Comparison Symbols) - Select a comparison symbol from the drop-down lists.
- Right Column (Values) - Enter only a positive integer in these fields. This is a mandatory field.
These are mandatory fields.
- Rating Sort Term (Internal Rating
Ranks are considered)
- Left-Column (Comparison Symbols) - Select a comparison symbol from the drop-down lists.
- Right Column (Values) - Enter only a positive integer in these fields. This is a mandatory field.
These are mandatory fields.
- LTV (Loan to Value Ratio)
- Left-Column (Comparison Symbols) - Select a comparison symbol from the drop-down lists.
- Right Column (Values) - Enter only a percentage value.
These are mandatory fields.
- FICO Score (Credit Score)
- Left-Column (Comparison Symbols) - Select a comparison symbol from the drop-down lists.
- Right Column (Values) - Enter a value in these fields. This is a mandatory field.
These are mandatory fields.
- 12 Month PD -
- Left-Column (Comparison Symbols) - Select a comparison symbol from the drop-down lists.
- Right Column (Values) - Enter a numeric value in a percentage format.
These are mandatory fields.
- Life Time PD -
- Left-Column (Comparison Symbols) - Select a comparison symbol from the drop-down lists.
- Right Column (Values) - Enter a numeric value in a percentage format.
These are mandatory fields.
- Click Save.
The new Stage Curing Rule appears in the list of Stage Curing Rules on
the Stage Curing Rule Summary Page.