The module utilizes data directly from the source and calculates its expectation based on the purchase advice settlement, ARM data parameters from actual Note or purchase database.  The module will create an independent calculation of the expected interim payments along with an amortization schedule, corresponding rates and P&I split at loan level.  It will generate backward or forward amortizations with all corresponding changing rates and P&I payment.

Interim Payment Reconciliation Module can be used as a stand alone module or in conjunction with the other modules (i.e., new loan set-up)

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