Major release coming soon: Encompass 18.3
Geared to keep you ahead of the game, Encompass 18.3 is built to handle the October 1, 2018 final implementation of the Know Before You Owe 2 (KBYO2) rule changes to the initial RESPA-TILA Integrated Mortgage Disclosure Rules.
This is a major release, with KBYO2–ready features including:
- Improved workflow for disclosing to Non-Borrowing Owners
- Support for tolerance cures using Principal Reduction
And new fee level Change of Circumstance management tools:
- The ability to document changes on an individual fee basis
- Enhanced logic for calculating baselines