Moneylender Forums

What’s the difference between “Processing” and “Pending”?

You report the arrears to the court and the trustee will be paying you back on those arrears over time. And your borrower resumes their regular payments on the loan. There's the easy way and the hard way. There's value in simplicity, so let's start with the easy way: First, record a payment of the a...

Ok, I'm uploading the update now. Open Moneylender and click File > Update to latest version. 2.0.189 is the new version that includes a checkbox to pay regular payment before escrow. Checking that one and the fees one should line up happily with the Fannie Mae rules.

I just finished testing it and it works really well. I was about to publish the update, but at the last second I remembered there's another thing I wanted to stuff into the release for another customer: The ability to add report filters for columns that store their data in "enumerations" (...

The AutoPay system isn’t perfect yet. It’s still in beta, and I’m going to do a complete overhaul once I get the back-end stuff with the bank ironed out. Here’s all the things to consider at the end of a loan with AutoPay in its current form. AutoPay will stop scheduling recurring payments when the ...

I closed out a paid-off loan this month but I see there is still a draft that took place after the loan was closed. What did I do wrong there?

Looking at the doc, I agree. I'll add a checkbox, edit the logic in the payment section accordingly, and post back here when I've released an update (sometime tomorrow).

Hmmmm... There's a setting to pay regular payment before fees in the Loan Settings, but it'll always pay the escrow due first.

Do I need to add another checkbox to pay regular payment before escrow? Checking both would then put the scheduled P&I ahead of both the escrow and the fees.

The report column is SummaryOfFinancesRecord:FinalPaymentDate. Add that to the report. If you want to limit the report to only loans that are maturing before the end of the report date range add a filter for FinalPaymentDate LessOrEqual 0: reportfilter.jpg When filtering on a date column, the value ...

What’s the trick for generating a report that shows loans maturing in 30 days etc.

Thanks