This release enables new protections for borrower NPI (non-public information) in emails sent from the platform. There’s also a new field in the property address for Mercury Network orders, and the Product Requirements page has received improvements that make it easier to use and more responsive. Read on for the highlights, and check the release notes for complete details.
These new features are part of our commitment to offer data-enabled solutions that streamline and simplify your collateral workflow to help you be more efficient and profitable.
NPI Protection Options
With this update, the borrower name or loan number will now be masked when that information appears together in an email sent from the platform. If you missed our recent email about this, you can see it here.
This follows up to our previous release, in which we added options for you to choose the information that should be masked. The default setting will mask the borrower name, leaving the complete loan number visible. However, you can change this by going to Mercury Network's Account view, where you'll find a drop-down menu in the Security section where you can select Loan number. You can read more about this feature and see examples of the way masking will work here.
New Property Address Field for URLA
Earlier this year, the new URLA (Uniform Residential Loan Application) form was released with a new Unit type field in the property address. Today we have added the Unit type field to property addresses throughout Mercury Network. This field is not required but will be visible to all parties if used.
By having the Unit type available as a data point for orders, you can orchestrate your workflow for better efficiency in your specific lending program.
Updates to the Product Requirements Page
As we prepare Mercury Network for exciting upcoming features, we're taking opportunities to update the platform to ensure new features are delightful and easy to adopt. One great example is the Product Requirements page.
When you view the main Product Requirements page, you'll notice we've categorized the products into tabs, making it easier to find and edit a product within a large (and growing) list of products available within the platform.
The Product Requirements page and the editing dialog have been redesigned and are powered by a modern framework, all of which enables greater efficiency and ease of use. For instance, we've added in-line saving to these pages to reduce your number of clicks because you don’t have to click Save to keep every incremental change.
The goal of this new functionality and layout is to save you time when editing products, and—as always—we’d love to hear what you think about these improvements.