An enhancement was made to LoanPASS that moved the Eligibility stage of the pricing engine's execution order to the very end of the process, so now Eligibility rules will trigger after Post Pricing calculations. This will now allow Eligibility to be written against rate AND pricing AND stipulation rules and calculations.
Example
A user wants to impose a 100.500 price cap for a product or products; previously, the user had one option which was to create a Post Pricing calculation to zero out the price, but now an Eligibly rule can be written to a status of Review Required or Rejected as a potentially better option.
Rate/Price Grid without Eligibility Rule:
Example Eligibility Rule:
In this Eligibility rule, I've created a condition stating the Adjusted Price calculation may not exceed 100.500.
Rate/Price Grid with Eligibility Rule:
- This is the same rate/price grid from above. You can now see that the price does not go higher than 100.466.
2. If one of the rejected pricing cells with an "X" icon is selected, Price Adjustments, Profit Margin Price Adjustments, and Stipulations are still displayed to the user:
3. When "Export Scenario to PDF" is selected, Price Adjustments, Profit Margin Price Adjustments, and Stipulations are displayed as well:
