The CFPB is adjusting two dollar amounts that are used in the “points and fees” trigger for coverage under HOEPA for calendar year 2022. The two dollar amounts are (1) the loan amount threshold (changing from $22,052 to $22,969), and (2) the total points and fees amount (changing from $1,103 to $1,148). All of our core products have been updated to include these new amounts, ensuring that your organization is compliant with the new year’s values.

We have updated the eWinLoan installation instructions to cover installation on Windows Server 2019 and IIS10. If you have any questions in regards to the eWinLoan or its installation, please contact us.

We are pleased to announce that nCino has chosen J. L. Sherman & Associates as their calculation engine partner in the nCino Bank Operating System®. nCino is using the Sherman Calculation Engine with XML Interface (SCEX) to provide the loan and compliance calculations in their leading cloud banking solution.

The CFPB is adjusting two dollar amounts that are used in the “points and fees” trigger for coverage under HOEPA for calendar year 2021. The two dollar amounts are (1) the loan amount threshold (changing from $21,980 to $22,052), and (2) the total points and fees amount (changing from $1,099 to $1,103). All of our core products have been updated to include these new amounts, ensuring that your organization is compliant with the new year’s values.

Dear Partners,

We recognize that with the constantly changing COVID-19 situation around the world, this is an unprecedented time for everyone — a time that, for many, is filled with uncertainty. Our hearts and thoughts go out to each and every one of you. We wanted to take this opportunity to inform you of the decisions made and steps which will be taken for our company during this critical time.