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Loan Submission Template (LST) Updated to Version 2.4.2

October 9, 2015

Please be advised that we’ve just released LST version 2.4.2. This update corrects recently reported issues with LST version 2.4.1 and improves ease of use.  We have made the following updates:

LST 2.4.2 (all product types)

General:

  • Revived copy/paste and undo functionalities across LST for user ease

I&E Tab:

  • Restored flow of Underwritten NRI information from Collections tab to I&E tab
  • Corrected Seller/Servicer cap rate formatting
  • Allowed users record Commercial Income values in Seller/Servicer proforma
  • Corrected decimal of IO DCR

Collections Tab:

  • Started from year 2015 as a default

Input Sheet:

  • Users can now edit labels of ‘Sources’ line items in Sources and Uses grid per Seller/Servicer specific needs

LST 2.4.2 (Seniors Housing Loans only)

I&E Tab:

  • Fixed expense auto-fill functionality
  • Made available adjusted cap rate in Appraisal proformas 
  • Made available notes to underwriting for user entry

Since it replaces LST 2.4.1, please begin using it immediately, as directed on our Selecting the Correct LST page.


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