First Run

First Run

  • The "First Run" is an important feature that initiates the automated underwriting system (AUS) for a specific loan in the AUS Sandbox. Users can initiate this by clicking on the "First Run" button. However, this button is only visible and enabled under certain conditions:
  • "In encompass AUS tracking, there should not be any entry": This condition ensures that the AUS hasn't been run for the selected loan before. The "First Run" is intended for the first time initiation of the AUS for a loan, hence, the system checks the AUS tracking to confirm that there is no previous AUS entry for the loan.
  • "Loan Folder should be Prospect or active": For a loan to be eligible for AUS running, it should be in the 'Prospect' or 'Active' folder. The system checks the status of the loan and the "First Run" button is enabled only if the loan is in one of these folders.
  • "Subject property Address should be TBD or Empty": Before the AUS is run, the subject property's address should either be 'To Be Determined' (TBD) or not filled in yet. This is because the location and details of the property can significantly influence the underwriting process, and these details might not be available at the initial stages of the loan process.

When all these conditions are met, the "First Run" button becomes active, allowing users to initiate the AUS for the loan.



    • Related Articles

    • Run

      User can run the DUAL AUS using the AUS Sandbox The "Run" button in the pipeline will be activated for a selected loan under the following conditions: Milestones within specified list File Started Sent to Setup Sent to processing Ready for UW ...
    • Run LPA

      When the Loan Product Advisor (LPA) successfully completes its initial run for a loan in the AUS Sandbox: The AUS tracking system will be updated to include an entry for the LPA. This means that the system records that the LPA has been run for the ...
    • Run DU

      When there is a successful run for DU (Desktop Underwriter), a few important updates are made: AUS Tracking Updated with the DU Findings: The Automated Underwriting System (AUS) tracking is updated with the findings from the Desktop Underwriter. This ...
    • Run Both DU/LPA

      The AUS Sandbox updates several crucial aspects after a successful DU (Desktop Underwriter) and LPA (Loan Process Advisor) run. AUS Tracking Update: The AUS Sandbox makes an entry for both DU & LPA in the AUS tracking. This helps keep a record of all ...
    • AUS Sandbox and Features

      AUS Sandbox simultaneously runs both Fannie Mae's Desktop Underwriter (DU) and Freddie Mac's Loan Process Advisor(LPA). AUS Sandbox provides lenders with comprehensive risk assessments, helping them make informed decisions about loan approvals. The ...