radian direct via encompass user guide€¦ · user guide 5 user guide radian direct via...

45
Revised September 4, 2019 Radian Direct via Encompass ® User Guide

Upload: others

Post on 18-Aug-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Revised September 4, 2019

Radian Direct via Encompass®

User Guide

Page 2: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

2 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Rev 20190904

Contents

Administrator’s Initial Set Up . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Password Management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Rate Quote Only Credentials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4Leveraging Org Codes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4Document Delivery . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4Adding Radian to the My Provider’s List . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Ordering a Rate Quote . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6Radian Request Form for Rate Quotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7Tips . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8Retrieving your Rate Quote . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9Importing Your MI Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10Field Import Mapping . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11Order Mortgage Insurance with Delegated Underwriting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

Additional Data Required Not on Order Screen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14Tips . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15Accessing Radian Response Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16Importing Radian’s MI Rate Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17Field Import Mapping . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18Order Mortgage Insurance with Radian

Non-Delegated & Express Track Underwriting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19Tips . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22Provide Loan Documents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23Tips . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25Viewing Your Document Upload History . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26Accessing Radian Response Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27Importing Radian’s MI Rate Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28Field Import Mapping . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29Providing Trailing Document and Submitting Change Requests . . . . . . . . . . . . . . . . . . . . . . . . . . . 30Confident Coverage, QC and Reinstatement Document Requests . . . . . . . . . . . . . . . . . . . . . . . . . 32Data Entry Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34The Radian Storefront . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36Support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36

Encompass Support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36Radian Support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36

Radian Settlement Services Inc . Appendix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37Appraisal, Title and Closing Services via Encompass User Guide . . . . . . . . . . . . . . . . . . . . . . . . . . 38Setup Requirements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39Create New Appraisal Order . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39Title & Closing Services via Encompass® . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42Support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44

Encompass Support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44Radian Settlement Services Inc . Support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44

Page 3: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

3 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Administrator’s Initial Set Up

Password ManagementThe Services Password Management within the Company User Set Up allows the Admin to pre-populate the Master Policy Number and assigned credentials for users when selecting Radian as their MI provider .

Select Settings from the Encompass Menu option .

Select Services Password Management from the Company/User Setup area of the Settings overview .

Activate Radian by completing the Account Details .

Contact your Radian Account Manager to obtain Master Policy or Branch information .

Click the magnifying glass to Select the Users that will order Rate Quotes and MI Requests through Radian Direct .

Field Value

Service Category “Mortgage Insurance”

Provider Name “Radian Direct via Encompass ”

Branch ID <Radian Provided Username>

Password <Radian Provided Password>

Master Policy Number <Radian Assigned Master Policy Number>

Page 4: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

4 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Rate Quote Only CredentialsRadian offers a separate set of “Rate quote only” credentials that can be used with the Radian Assigned Master Policy Number . These credentials will permit the user to order rate quotes, but will prohibit the user from placing an MI order .

Leveraging Org CodesWhen the Encompass Organization Code is used to identify the lender’s branch location, this data can be used by Radian to track origination activity by branch location .

Customers who leverage the Encompass Org code to identify the branch location can provide their data to Radian . This information will allow us to provide you activity by branch location . Without the Org Code, all activity will be associated to the home office location .

Document DeliveryCustomers who plan to submit non-delegated loans via Radian Direct via Encompass will need to establish a secure FTP (SFTP) connection . Administrators should provide their source IP address . The source IP address needed is the IP where delivery of documents will originate . Some lenders may need to provide multiple IP addresses because their offices all have different IP addresses . Additionally, the IP address must be static (dynamic IP addresses cannot be supported) . Please provide these IP addresses to ClientConnectivitySupportInbox@radian .com .

Customers who are not known to Radian’s whitelist may encounter the following messaging .

To ensure you can submit documents, please provide the IP addresses of where documents originate to Radian’s Client Connectivity Team .

Page 5: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

5 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Adding Radian to the My Provider’s List

It’s quick and easy to add Radian to your list of MI Providers .

Access your list of Available MI Companies by selecting Order Mortgage Insurance from the Services tab .

To add Radian Direct via Encompass to the My Providers tab select Radian Direct via Encompass from the All Providers tab, then click the Add to My List button .

A pop up box message confirms that the Radian Direct via Encompass has been added to the My Providers tab . Click OK .

Radian Direct via Encompass will now appear on the My Providers tab .

Page 6: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

6 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Ordering a Rate Quote

Users can order various rate quotes, import pricing results and access a quote in PDF format .

Access Radian by selecting Order Mortgage Insurance from the Services tab .

Select Radian Direct via Encompass and click Submit to access the Order Form .

Page 7: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

7 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Radian Request Form for Rate Quotes

The Radian Request will default to Rate Quote the first time you access the form . Provide the required fields (*) on the order form .

Key fields will default to the most popular values but can be edited .

• Borrower Paid Monthly with Constant Renewals will default .

• Coverage will default to the GSE standard requirements .

Be sure to validate your AUS results . Radian will default the submission to DU Approve Eligible . Click Submit to receive your rate quote .

Click the icon adjacent to Coverage Percent to see the GSE standard MI Coverage limits .

Page 8: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

8 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

The Loan Documentation Type (located on the FNMA Streamline 1003) must be selected and populated for a Rate Quote and a MI Request .

TipsTo indicate there is Financed Premium; click the icon next to Mortgage Insurance in the Monthly Housing Expense . An MIP/PMI/Guarantee Fee Calculation window will pop-up .

Enter the percent of MI to be financed in the MIP/Funding/Guarantee field .

Page 9: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

9 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Retrieving your Rate Quote

You may order as many rate quotes as you like . All orders are logged and the status displayed on the Check Status/View Results tab .

A PDF summarizing the rate quote will automatically be placed in your eFolder for future reference . Highlight the document in the lower panel and click View to see the rate quote details .

Encompass will allow a rate quote at any time during the process . You may return to request a Rate Quote even after you’ve submitted Delegated or Non-Delegated Mortgage Insurance .

Page 10: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

10 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Importing Your MI Fees

Fees can be individually selected or deselected for import by managing the checkboxes then select the Import Fee button .

To view the imported MI premiums, go to Page 1 of the 1003 .

The imported rates are automatically displayed under the Monthly Mortgage Insurance section .

Page 11: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

11 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Field Import Mapping

Radian Encompass Field ID populated

Initial Premium Rate MIP Funding/ Guarantee 1107

First Renewal Rate Months of adjustment 1199

First Renewal Duration Months Periodic factors % 1198

Second Renewal Rate Months of adjustment 1201

Second Renewal Duration Months Periodic factors % 1200

Locked During the import field 1765 is unchecked, so UFMIP is financed. The user can check the box.

1765

Page 12: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

12 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Order Mortgage Insurance with Delegated Underwriting

Users can order Mortgage Insurance with Delegated Underwriting and receive an immediate response from Radian including pricing results and a commitment in PDF format .

Access Radian by selecting Order Mortgage Insurance from the Services tab .

Select Radian Direct via Encompass and click Submit to access the Order Form .

Page 13: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

13 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Select Delegated as the Request Type and provide the required (*) fields on the order form .

Key fields will default to the most popular values but can be edited .• Borrower Paid Monthly with

Constant Renewals will default .• Coverage will default to the GSE

standard requirements .

You may associate a Rate Quote with your order by selecting from the drop down list or inputting the Radian Rate Quote ID .

Be sure to validate your AUS results . Click Submit to order Delegated MI .

Note: The comments box will be disabled for delegated transactions .

Click the icon adjacent to Coverage Percent to see the GSE standard MI Coverage limits .

Page 14: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

14 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Additional Data Required Not on Order ScreenThe Loan Documentation Type (located on the FNMA Streamline 1003) must be selected and populated for a Rate Quote and a MI Request .

• Rate Quotes will continue to be available even after ordering Delegated MI .• You can modify the application type from delegated to non-delegated or express track after

submitting your order . You will not be able to modify a non-delegated or express track order to delegated when documents have been provided to Radian .

Page 15: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

15 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Tips

To indicate Financed Premium, Click the icon next to Mortgage Insurance in the Monthly Housing Expense . An MIP/PMI/Guarantee Fee Calculation window will pop-up .

Enter the percent of MI to be financed in the MIP/Funding/Guarantee field .

Check the indicator on the Order form when one or more borrowers have nontraditional credit .

When selecting this option, a pop-up box will allow you to identify the nontraditional credit borrower .

Page 16: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

16 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Accessing Radian Response Information

All orders are logged and the status displayed on the Check Status/ View Results tab .

User will be able to access previously submitted commitments and rate quotes in PDF format from this screen .

Click on the Delegated Order to access your commitment documents .

Documents will be automatically saved to your eFolder .

To display the Commitment/Certificate highlight the order on the View tab, then select the View button .

Page 17: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

17 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Importing Radian’s MI Rate Information

Fees can be individually selected or deselected for import by managing the checkboxes then select the Import Fee button .

To view the imported MI premiums, go to Page 1 of the 1003 .

The imported rates are automatically displayed under the Monthly Mortgage Insurance section .

Page 18: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

18 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Field Import Mapping

Radian Encompass Field ID populated

Initial Premium Rate MIP Funding/ Guarantee 1107

First Renewal Rate Months of adjustment 1199

First Renewal Duration Months Periodic factors % 1198

Second Renewal Rate Months of adjustment 1201

Second Renewal Duration Months Periodic factors % 1200

Locked During the import field 1765 is unchecked, so UFMIP is financed. The user can check the box.

1765

MI Certificate Number File # VEND .X167

Radian MI Company Name Type L248, ULDD .X134

Page 19: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

19 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Order Mortgage Insurance with Radian Non-Delegated & Express Track Underwriting

Users can submit an order request for Mortgage Insurance for Radian’s Non-Delegated or Express Track Underwriting and from Radian including pricing results and receive Radian decision documents in PDF format .

Access Radian by selecting Order Mortgage Insurance from the Services tab .

On the My Providers tab select Radian Direct via Encompass then click Submit to be directed to the Radian Request order form .

Page 20: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

20 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Select Non-Delegated as the Request Type and provide the required (*) fields on the order form .

Key fields will default to the most popular values but can be edited .• Borrower Paid Monthly with

Constant Renewals will default .• Coverage will default to the

GSE standard requirements .

You may associate a Rate Quote with your order by selecting from the drop down list or inputting the Radian Rate Quote ID .

Be sure to validate your AUS results . Click Submit to submit your request to Radian . Then access the Check Status/View Results tab to provide documents .

Comments are optional and can be provided via the Request Form or Document Upload screen . This field is enabled for Non-Delegated submissions and document uploads .

Click the icon adjacent to Coverage Percent to see the GSE standard MI Coverage limits .

Page 21: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

21 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

The Loan Documentation Type (located on the FNMA Streamline 1003) must be selected and populated for a Rate Quote and a MI Request

Radian will return this message if your Non-Delegated order processed successfully . Your Order status will indicate Pending Review . Please provide documents to Radian .

• Rate Quotes will continue to be available even after ordering Non-Delegated MI .• You will not be able to modify a non-delegated or express track order to delegated after

documents have been provided .

Page 22: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

22 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Tips

To indicate there is Financed Premium; click the icon next to Mortgage Insurance in the Monthly Housing Expense . An MIP/PMI/Guarantee Fee Calculation window will pop-up .

Enter the percent of MI to be financed in the MIP/Funding/Guarantee field .

Check the indicator on the Order form when one or more borrowers have nontraditional credit .

When selecting this option, a pop-up box will allow you to identify the nontraditional credit borrower .

Page 23: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

23 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Provide Loan Documents

Users can submit an order request for Mortgage Insurance where Radian’s Underwriting Staff will perform the review and provide a MI underwriting decision . Loan documents must be provided for all non-delegated and express track requests .

Access the Check Status/View Results tab, click on the Upload UW Docs button to begin to add documents .

Click the plus sign to upload one or multiple documents from your hard drive or eFolder .

Indicate your option to wait while documents are uploading by answering the yes or no question on the attachment list .

You can provide our underwriter your comments by entering your message in the Comment field .

Page 24: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

24 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Select the location of your loan documents and click Continue .

When selecting documents from the eFolder, you can select multiple documents at one time .

Your administrator can also set up a stacking order to pre-select the documents required for MI Underwriting .

Select Continue when you have completed your document selection .

Encompass will provide a confirmation of the selected documents . To add or remove documents, just click the icons .

Click the Send button to submit to Radian .

Be sure to check the Yes option if you would like to work on multiple loans while upload is processing .

Page 25: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

25 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Tips

Customers who have not completed the set up process may encounter the following messaging .

If this message is encountered, contact your company administrator to request that they provide your company source IP address to Radian’s Client Connectivity Team .

Page 26: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

26 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Viewing Your Document Upload History

You will see a detailed history of the documents provided on the Document Upload History tab .

Any comments provided during document upload will also display .

You’ll receive an email as well as an alert when Radian’s Underwriter has completed their review .

Access the Alert & Message tab on the Loan Screen .

Page 27: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

27 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Accessing Radian Response Information

All orders are logged and the status displayed on the Check Status/ View Results tab . Click Check Status to retrieve your Radian decision document .

User will be able to access previously submitted commitments and rate quotes in PDF format from this screen .

Radian Decision Documents will be automatically saved to your eFolder .

To display the Commitment/Certificate (or any other decision document), highlight the order on the View tab, then select the View button .

Page 28: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

28 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Importing Radian’s MI Rate Information

The MI Fee Import option is available for Rate Quotes . Fees can be selected or deselected for import into Encompass by selecting the Import Fee button . Selecting the Cancel button will exit the MI Fee Import screen without importing fees .

To view the imported MI premiums, go to Page 1 of the 1003 .

The imported rates are automatically displayed under the Monthly Mortgage Insurance section .

Page 29: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

29 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Field Import Mapping

Radian Encompass Field ID populated

Initial Premium Rate MIP Funding/ Guarantee 1107

First Renewal Rate Months of adjustment 1199

First Renewal Duration Months Periodic factors % 1198

Second Renewal Rate Months of adjustment 1201

Second Renewal Duration Months Periodic factors % 1200

Locked During the import field 1765 is unchecked, so UFMIP is financed. The user can check the box.

1765

MI Certificate Number File # VEND .X167

Radian MI Company Name Type L248, ULDD .X134

Page 30: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

30 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Providing Trailing Document and Submitting Change Requests

To modify your MI request or notify Radian of a change request, update any data on the order form and click the Resubmit MI button .

The system will confirm that your resubmission was submitted to Radian’s underwriting team .

Page 31: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

31 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Access the Check Status/ View Results tab and click the Upload Documents button to provide new underwriting documents .

You’ll receive an email as well as an alert when Radian’s Underwriter has completed the review of your resubmission .

Access the Alert & Message tab on the Loan Screen .

Page 32: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

32 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Confident Coverage, QC and Reinstatement Document Requests

Encompass users can provide Radian post closing documents for Confident Coverage recision relief, Quality Control audit requests and to support Reinstatement requests . Just access the Check Status/View Results tab .

Click the Upload Close Docs button then select Upload Documents .

Identify if the documents being provided are for Confident Coverage, Quality Control or Reinstatement . Then begin to upload your documents . Select documents from your hard drive or eFolder .

To add or remove documents, just click the icons .

You can add a comment to identify the submission reason . Click Send when you are ready to provide the documents to Radian .

Page 33: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

33 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Your document submission will be recorded for you in the Document Upload History .

Radian will notify you via email of the completed Confident Coverage review . You can retrieve your updated certificate via MI Online by clicking the Check Status button . An updated certificate will be retrieved and added to your eFolder .

Page 34: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

34 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Data Entry Information

Required fields are identified with a red asterisk (*) .

Order Form Field Type of input How to Enter

Branch ID Open text Provided by Radian . See Initial Interface Set Up .

Branch Password Open text Provided by Radian . See Initial Interface Set Up .

Save Login Information Open text Save credentials for pre-population on future orders .

Contact Radian Link to Radian’s Contact directory .

New to Radian Link to Radian .biz website .

Order Tab

Request Type * Rate Quote Delegated Non-Delegated Express Track

Selected by the User .The request type options will update after key milestones:• Rate Quotes can be requested

at any time .• Once documents have been

provided for non-delegated and express track options, the delegated option is no longer available .

Mortgage Insurance Information

Coverage % * Numeric value: Range 6–35 Defaulted to GSE Standard Coverage but may be edited .

Premium Source * Borrower Paid Lender Paid

Defaulted to Borrower Paid but may be edited .

Payment Plan * Monthly Annual Single SplitEdge®

Defaulted to Monthly, but may be edited .

Refundable * Refundable NonRefundable

Defaulted to NonRefundable, but may be edited .

Deferred Yes/No Defaulted to Yes .

Renewal Option * Constant(Level) Declining/Amortizing) No Renewals

Defaulted to Constant but may be edited .

Split Edge UpFront Fee 0 .50 points upfront fee 0 .75 points upfront fee 1 .00 points upfront fee 1 .25 points upfront fee 1 .50 points upfront fee 1 .75 points upfront fee

Selected by the User .

LP Purchase Eligibility Eligible Ineligible Eligible A Plus

Selected by the User .

Page 35: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

35 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

Order Form Field Type of input How to Enter

Mortgage Insurance Information (continued)

LP Credit Risk Class Accept Caution Selected by the User .

DU Recommendation Approve/Eligible Approve/Ineligible Refer/Eligible Refer/Ineligible Refer with Caution EA-I/Eligible EA-I/Ineligible Refer with Caution/IV Out of Scope

Selected by the User .

Third Party Originator Information

Loan Information

Rate Quote ID May be selected from the drop down or a quote ID may be entered by the User .

Non Traditional Credit

Relocation loan Selected by the User .

Special Program Input by the User .

Special Pricing Input by the User .

Freddie Mac Loan Collateral Advisory Risk Score

Input by the User

Freddie Mac Loan Collateral Advisor Appraisal Quality Risk Score

Input by the User .

Comments Input by the User .

Page 36: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Direct via Encompass User Guide

36 User Guide | Radian Direct via Encompass®

Revised: September 4, 2019

The Radian Storefront

The Radian Storefront can be accessed by clicking the More Info link on the My Providers tab located on the Mortgage Insurance dialog box or the Services View tab .

Support

Encompass SupportDetailed information about Encompass functionality is available to the Admin from the Encompass Help menu, the Encompass Resource Center and Encompass Customer Support at 800 .777 .1718 .

Radian SupportAssistance with Radian Direct via Encompass technical issues should be directed to Client Connectivity at: ClientConnectivitySupportInbox@radian .com

Page 37: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Settlement Services Inc . Appendix

Rev 20190904

Page 38: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Settlement Services Inc . Appraisal, Title and Closing Services

via Encompass User Guide

Revised September 4, 2019

Page 39: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Settlement Services Inc. via Encompass User Guide

39 User Guide | Radian Settlement Services Inc. via Encompass®

Revised: September 4, 2019

Setup Requirements

In order to use the Encompass Radian Settlement Services Inc . integration, your company must be configured with Radian Settlement Services Inc . Provide Radian Settlement Services Inc . with your Encompass Client ID and contact email address to complete the setup process .

Create New Appraisal Order

Login to Encompass and create a new loan . Once you are working in a loan file, follow these instructions:

1 . Create New Appraisal OrderLogin to Encompass and create a new loan .

Once you are working in a loan file, on the panel at bottom left, select the Services tab, then click Order Appraisal .

2 . The Order Appraisal Window AppearsSelect the All Providers tab and choose Radian Settlement Services Inc .

Page 40: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Settlement Services Inc. via Encompass User Guide

40 User Guide | Radian Settlement Services Inc. via Encompass®

Revised: September 4, 2019

3 . Appraisal Order Request FormThe Order tab opens . Borrower, loan information, loan purpose and property type will be pre-populated into this screen . You can edit and enter information on this screen, as well .To edit and enter information, select the desired Product(s); stipulate Occupancy information; supply a Due Date if needed within a specific time period; enter an FHA Case Number (in XXX-XXXXXXX number format), write an Order Comment, if any additional requirements are needed and upload a document, if required .Choose the Submit Order button to place the order .

4 . Select the Contacts TabBorrower and loan information will be pre-populated into this screen . You can enter information on this screen as well .

To enter information, type into the desired text fields under the highlighted categories .

5 . Select the Payment TabTo enter information, type into the desired text fields under the highlighted category . Credit card payment information is optional while placing orders . Otherwise, you can select Submit Order to place your appraisal order .

Payment details can also be entered and submitted later by returning to this form and clicking on the Update Order button .

Page 41: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Settlement Services Inc. via Encompass User Guide

41 User Guide | Radian Settlement Services Inc. via Encompass®

Revised: September 4, 2019

6 . Select the Check Status TabThe Check Status tab permits the user to view Order Status, Order History and Comments History .

7 . Confirmation EmailOnce the appraisal is completed, an automatic email message is sent to the Client’s contact email address .

When you receive this email, you can open Encompass, locate, open the loan file created, and go to the Appraisal Order Request form . You will see text displayed near top of screen letting you know that the completed appraisal documents are available in eFolder .

8 . eFolderThe eFolder is located under the Loan tab within Encompass .

NOTE: Documents would not be automatically uploaded to eFolder unless the user logs into Encompass, locates and opens the loan file created, and goes to the Title & Closing Order Request form .

Page 42: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Settlement Services Inc. via Encompass User Guide

42 User Guide | Radian Settlement Services Inc. via Encompass®

Revised: September 4, 2019

Title & Closing Services via Encompass®

Login to Encompass and create a new loan . Once you are working in a loan file, follow these instructions:

1 . Create New Title & Closing OrderLogin to Encompass and either create a new loan or open an existing loan .Once you are working in a loan file, on the panel at bottom left, select the Services tab, then click Order Title & Closing .

2 . Order Title & Closing Window AppearsSelect the All Title Companies tab and choose Radian Settlement Services Inc .

3 . My Title Companies TabSelect Radian Settlement Services Inc . Choose Next .

Page 43: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Settlement Services Inc. via Encompass User Guide

43 User Guide | Radian Settlement Services Inc. via Encompass®

Revised: September 4, 2019

4 . Title & Closing Order Request ScreenThe Order tab opens . Borrower, loan information, loan purpose, property type and purchase amount will be pre-populated into this screen .To edit and enter information, select the desired Product(s); stipulate Occupancy information; write an Order Comment, if necessary; and upload a document, if required .

5 . Select the Contact TabBorrower and loan information will be prepopulated into this screen . You can enter information on this screen, as well .To enter information, type into the desired text fields, under the highlighted categories .

6 . Confirmation EmailOnce the applicable title and closing documents are completed, an automatic email message is sent to the Client’s contact email address .When you receive this email, you can open Encompass, locate, open the loan file created, and go to the Title & Closing Order Request form . You will see text displayed near top of screen letting you know that the completed appraisal documents are available in eFolder .

NOTE: Documents would not be automatically uploaded to eFolder unless the user logs into Encompass, locates and opens the loan file created, and goes to the Title & Closing Order Request form .

Page 44: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

Radian Settlement Services Inc. via Encompass User Guide

44 User Guide | Radian Settlement Services Inc. via Encompass®

Revised: September 4, 2019

Support

Encompass SupportDetailed information about Encompass functionality is available to the Admin from the Encompass Help menu, the Encompass Resource Center and Encompass Customer Support at 800 .777 .1718 .

Radian Settlement Services Inc . SupportAssistance with Radian Settlement Services Inc . via Encompass technical issues should be directed to Client Relations at: clientrelationsrss@radian .com . For more information, visit www .radiantitle .com .

“Radian” is a brand of Radian Group Inc ., including its licensed insurance affiliates . Title Services are provided by Radian Settlement Services Inc ., with a home office in Pittsburgh, PA, a wholly owned subsidiary of Radian Group Inc . Radian Settlement Services Inc . is a title insurance agency for: EnTitle Insurance Company (a wholly owned subsidiary of Radian Group Inc .), American Guaranty Title Insurance Company, Fidelity National Title Insurance Company, First American Title Insurance Company, Old Republic National Title Insurance Company, Stewart Title Guaranty Company, Westcor Land Title Insurance Company and WFG National Title Insurance Company .

Ellie Mae® and Encompass® are registered trademarks of Ellie Mae, Inc .

Page 45: Radian Direct via Encompass User Guide€¦ · User Guide 5 User Guide Radian Direct via Encompass® Revised: September 4, 2019 Adding Radian to the My Provider’s List It’s quick

RTC277 09/19

Radian Guaranty Inc .

1500 Market StreetPhiladelphia, Pennsylvania19102-2148

800 .523 .1988215 .231 .1000