A pool is added through the Whole Asset Sales (Pool) view using the Bank drop down list and the Add a Pool push-button. The Add Pool dialog is displayed. The appropriate information is specified and the Save push-button is selected. The selection of the Save push-button submits an add a pool transaction to Recovery Accounting. If the transaction is successful the Add Pool dialog is closed and the pool is displayed in the List of Pools on the Whole Asset Sales (Pool) view. If the transaction is not successful the errors are displayed in the Messages dialog.
Follow these steps to add a pool:
Select the Bank for the pool is associated with from the drop down list.
Select the Add a Pool push-button. The Add Pool dialog is displayed.
Specify a name for the pool in the Pool Title field.
Indicate a unique Pool Number in the corresponding field.
Specify the date the pool is or was established in the Date Established field. The date may be entered in the appropriate date format or selected using the Calendar widget.
Indicate the last date accounts may be added or removed from the pool using the Cutoff Date field. The date may be entered in the appropriate date format or selected using the Calendar widget. The date specified must be greater than or equal to the Date Established and less than or equal to the Sale Date.
Specify the date the pool of loans is to be sold to the investor. The date may be entered in the appropriate date format or selected using the Calendar widget. The date specified must be greater than or equal to the Cutoff Date.
Indicate the point at which the associated accounts are frozen (i.e. monetary transactions or status change transactions are not accepted) by selecting the appropriate value from the Account Freeze Indicator drop down list.
If the associated investor is known specify the Investor Number. For the associated accounts to be sold an Investor Number must be specified.
Select the Save push-button. The add pool transaction is sent to Recovery Accounting. If the transaction is successful the Add Pool dialog is closed and the pool is displayed in the List of Pools on the Whole Asset Sales (Pool) view. If the transaction is not successful the errors are displayed in the Messages dialog.
To cancel the Add Pool request, select the Cancel push-button. When the push-button is selected, the Add Pool dialog is closed and the Whole Asset Sales (Pool) view is displayed.