LoanBeam Wage 1.2 Release Notes

Wage 1.2 Release Date: July 23rd, 2022

Enhancements

• Navigational Bar
  • Added a “Home” link which takes users back to their personal Dashboard.
  • Added “Pipeline” icon which takes users back to their pipeline view. (Previously “dashboard”)
  • Standardized the icons to align LB Wage with other LL products.
  • Added “Tax” Icon/link to the hamburger stack menu for quick access to LoanBeam Tax or Transcripts (secure.loanbeam.com). Note! This is not SSO, users will be required to sign in to secure.loanbeam.com.
• Personal Dashboard
  • Now the DEFAULT page at login, the new Dashboard screen will act as a
    convenient landing page for users to quickly access what is most important.
  • It will display:
    • “Start New App” button to easily begin an application.
    • Search box to quickly access any application in their pipeline.
    • The user’s six most recent applications. (created, opened, etc.)
    • List of the user’s “Favs.” (Starred applications)
• Verification Wizard
  • To reduce unintended application alerts, we removed 2019 from the Tax
    Year field on W-2 screens.
  • To eliminate unnecessary data entry, we removed the SSN requirement
    from all W-2 screens.
  • Improved field-level highlighting to keep track of field location even when
    it’s rotated.
  • Improved the date detection logic to improve the way the system interprets
    the most recent paystub.
• Miscellaneous Improvements
  • Improved the text color of “Qualifying Income (QI)” on Pipeline and
    Dashboard screens to match Application Screen. (E.g., if the QI on
    Application Screen is RED “ complete with alerts,” the QI on the pipeline will
    also be RED.
  • Improved the logic used to determine the font color of the borrower’s QI to
    make it easier for a client to determine income/application status.
  • Improved coloring on Application Summary screen, Employer List menu, to
    grey out income if disabled.

Bug Fixes

• Fixed the issue which caused some borrowers with “Double Barreled” (multiple) surnames to be improperly listed as “unassigned.” (e.g.,Catherine Zeta-Jones)
• Fixed an issue that would present a QI AND “Pending…” status on pipeline.Now, if application is reprocessing, its status will change back to “Processing…” until complete.
• Fixed the issue where some W-2 would be marked as unclassified and would not be able to be categorize as a W-2.