In the AUS Sandbox application, users can view the errors and warnings generated from both the Desktop Underwriter (DU) and Loan Process Advisor (LPA) systems. These errors and warnings provide important feedback about potential issues identified during the loan underwriting process.
For instance, if there are discrepancies in the loan application, or if the application doesn't meet specific lending criteria, the DU and LPA systems generate errors and warnings to alert the user to these issues. The user can then review these errors and warnings, make necessary adjustments to the loan application, and run the underwriting systems again.
This ability to view errors and warnings directly contributes to the iterative process of loan underwriting, allowing loan officers and underwriters to refine loan applications for the best possible outcomes. It provides a clear line of communication between the underwriting systems and the user, ensuring transparency and facilitating informed decision-making.