The Delete hyperlink in the Action column is used to delete the corresponding pool from Recovery Accounting. When selected the Delete hyperlink displays the Delete Pool Confirmation dialog. The OK push-button is selected on the dialog and a delete pool transaction is submitted to Recovery Accounting. If the transaction is successful the dialog is closed and the pool is removed from the List of Investors section on the Whole Asset Sales (Pool) view. The Cancel push-button on the dialog is used to cancel the delete pool request.
A pool may only be deleted if the Cutoff Date for the pool has not passed, if the Pool Status is Inactive and the Original Number of Loans is zero, and if the Pool Status is canceled.
Follow these steps to delete a pool:
Select the Bank that is associated with pool to be deleted.
Select the Retrieve List push-button. The list of pools for the Bank selected is retrieved and displayed in the List of Pools section on the Whole Asset Sales (Pool) view.
Select the Delete hyperlink in the Actions column for the pool that is to be deleted. The Delete Pool Confirmation dialog is displayed.
Select the OK push-button. A delete pool transaction is submitted to Recovery Accounting. If the transaction is successful the dialog is closed and the pool is removed from the List of Investors section on the Whole Asset Sales (Investor) view.
To cancel the delete request, select the Cancel push-button. The dialog is closed and the Whole Asset Sales (Pool) view is displayed.