The Mortgage Refinancing Solution Scenario can
be executed in Business Space. You can view the end-to-end execution,
view reports, and also view the transaction state using the different
forms and reports in Business Space.
Before you begin
Ensure that the following prerequisites
are complete before you execute the
Solution Scenario.
- Add and configure users and groups.
- Verify that the Mortgage Refinancing Solution Scenario artifacts
are successfully installed in WebSphere® Process
Server.
Note: As part of the installation, the endpoints
used within the Solution Scenario are
set to the port 9080 by default. If the Solution Scenario EAR
files are deployed on different ports, it is recommended to use a
monitoring utility, such as TCPMon, to act as a proxy to the actual
endpoint.
About this task
An agent can initiate a mortgage request
using the
Mortgage Refinancing Solution Scenario in
Business Space by logging on to Business Space, initiating a request,
providing details using forms, and submitting the data for processing.
A loan officer can then verify the business or employment details
after which the agent can approve or reject the mortgage.
Note: Some of the fields, used in
the forms, for this
Solution Scenario are
programmed using basic validations. You can verify the validation
for the field by moving the mouse pointer over the field.
The Submit
button in the form is disabled until you provide a value in all such
fields in a form.
Table 1. Widgets to roles mappingRoles/Pages |
Getting Started |
My Task |
Dashboard |
Process |
Process Check |
Agent |
Yes |
Yes |
Yes |
Yes |
N/A |
Loan Officer |
Yes |
Yes |
N/A |
N/A |
N/A |
Underwriter |
Yes |
Yes |
Yes |
Yes |
Yes |
The roles for the Solution Scenario are
given in the following table.
Table 2. Create groups and usersGroup |
User |
User ID |
Password |
Agent |
Adam Smith |
Adam |
password |
Loan Officer |
Jay Walk |
Jay |
password |
Underwriter |
Peter Henderson and Susan Thomas |
Peter, Susan |
password |
Customer |
James Adams |
James |
password |
Joey Zack |
Joey |
password |
Procedure
- Open the Business Space portal.
- Create a mortgage request.
- Log on to Business Space with
the User ID of an Agent as Adam and Password as password.
Note: The default password for the user when
you configure the Solution Scenario using
scripts is password. If you configure the Solution Scenario manually,
you must use the password that you specified for the user registry
in WebSphere Process
Server. For more information, see the Configuring
the user registry in WebSphere Process Server section in the Installation
Guide.
- Open the Mortgage Refinancing
space.
Note: For more information
about configuring the Solution Scenario,
see Configuring the Mortgage Refinancing Solution Scenario.
- Open the My Tasks page.
- In the Task Definitions List
widget, select the Create Mortgage Refinancing Request check
box and click the Create an instance from this task definition icon
. The Mortgage
Refinancing form is displayed in the Task Information widget.
- Provide the borrower details
in the form provided and click Next.
- Provide the mortgage details
in the form and click Next.
Note: Ensure that the outstanding
amount is less than the mortgage amount.
Table 3. Sample data for the Solution ScenarioField Name |
Value |
Description |
HA Modification |
Yes |
The approval is assigned to the HA Modification
Underwriter. |
No |
The approval is assigned to the Refinance Underwriter. |
- Provide the employment details
in the form and click Next.
Table 4. Sample data for the Solution ScenarioField Name |
Value |
Description |
Employment |
Salaried |
The salaried employee-related forms are created
and assigned to the Loan Officer for verifying the documents. |
Self-Employed |
The self-employed employee-related forms are
created and assigned to the Loan Officer for verifying the documents. |
- Provide the details for the
property and click Next.
- Provide the asset details
and click Next.
- Provide the liability details
and click Next.
- Complete the check list and
click Submit.
- Select the Check
Document List task for the mortgage request from the Tasks
List widget and click the Accept and edit the task icon
. The Document Check List form
is displayed in the Task Information widget.
- View the document list, select
the required check boxes, and then click Submit.
- Verifying the information provided.
- Log on to Business Space using
the user ID and password for a Loan Officer, that is Jay and the Password
as password.
Note: The default password for the user when
you configure the Solution Scenario using
scripts is password. If you configure the Solution Scenario manually,
you must use the password that you specified for the user registry
in WebSphere Process
Server. For more information, see the Configuring
the user registry in WebSphere Process Server section in the Installation
Guide.
- Open the My Tasks page from
the Mortgage Refinancing space.
- Select the Verify
Employment Details check box for the mortgage request
from the Tasks List widget, and click the Accept and edit
the task icon
. The Verify Employment Details
form is displayed in the Task Information widget.
- View the transaction details,
select the appropriate check boxes, and click Submit.
- Approving the mortgage request.
- Log on to Business Space using
the user ID and password of an Underwriter, that is Peter and the
Password as password.
Note: The default password for the user when
you configure the Solution Scenario using
scripts is password. If you configure the Solution Scenario manually,
you must use the password that you specified for the user registry
in WebSphere Process
Server. For more information, see the Configuring
the user registry in WebSphere Process Server section in the Installation
Guide.
- Open the My Tasks page from
the Mortgage Refinancing space.
- Select the Approve
Mortgage - Refinance check box for the mortgage request
from the Tasks List widget, and click the Accept and edit
the task icon
.
- View the mortgage transaction
status in the form displayed, update the amounts, click Approve,
and then click Submit.
Note: Click Reject to
reject the mortgage request.
- View the dashboards on the following
page.
- Mortgage Refinancing Dashboard
- View the Mortgage Refinancing Process
on the following pages.
- Mortgage Refinancing Process
- Mortgage Refinancing Process
Check