IMU_Creating Orders

Creating Orders

Orders are requests from a servicer to a vendor to provide a service, such as an appraisal or broker price opinion (BPO). Orders contain the loan number, type of order, date of order, payee code and amount that the servicer is willing to pay the vendor for services.

InvoicingSM provides the Servicer Order Wizard for creating orders. Orders appear in the Order Report of the vendor selected in the Payee Code field.

Bulk orders must be created outside of InvoicingSM. For bulk orders, create an order file and submit it to a secure FTP site for processing.

To create an order:

On the toolbar, point to Process and click Create Order.
The Servicer Order Wizard window appears.
Complete the fields as necessary.
Click Save.