IMU_Approving an REO Broker Invoice

Use this feature to approve an invoice submitted by an REO broker.

You must have access to the REO/Vendor Invoice Processing option on the Welcome page in order to respond as an REO/vendor outsourcer.

To approve an invoice from an REO broker:

On the toolbar, point to Process and click Pending Approval.
From the Invoice Process - Pending Approval Report search filters, select the following options from the Status field:
- Submitted to REO/Vendor Outsourcer
- Pend. REO/Vendor Outsourcer Appr
- Pending REO/Vendor Outsourcer Review
  Select multiple options by pressing the CTRL key and clicking each selection.
Complete the remaining search filters, as needed, and click Search.
From the search results, locate the appropriate invoice and click the invoice number link in the Invoice# column.
The Invoice Detail screen appears.
Click the Approve link in the upper-left corner.
The Invoice Approval window appears.
- If you want to edit the invoice's Corporate Advance Payee Code, click the Click here to change the Corporate Advanced Payee Coded for this Invoice link. See Editing CAW Code by Invoice Level for more details.
In the Comment text box, type a message as appropriate.
Click Approve. If the approval amount exceeds your approval limit, an Accept button displays in lieu of Approve. Click Accept. The invoice moves into a queue of a user with a higher approval limit to review and approve.