The Securitization Setup screen enables you to:

• Query account information
• Select accounts based on selection criteria
• Create a pool of selected accounts for sale
• Maintain the pools created and report transactions on these accounts
• Report on investors
• Repurchase pools or specific accounts from pools.

Securitization screen enables you to define the securitization cycles, as well as the responsibilities that can access the various statuses in each cycle. The following diagram demonstrates the status cycle:

To create a cycle

1. On the Oracle Financial Services Lending and Leasing home screen, click Setup > Setup > Administration > System > Securitization. The system displays the Status Cycle set up screen. The details are grouped into three:
   • Status Cycle
   • Current/Next Status
   • Status Change Responsibilities
2. In the Status Cycle section, you can view the following details.

   Figure 2-14 Securitization Cycle

   
   

   
   Description of "Figure 2-14 Securitization Cycle"

   
   
   A brief description of the fields is given below:

   Table 2-32 Status Cycle

   Field	Do this
   Cycle	View the cycle code.
   Type	View the cycle type.

3. Perform any of the Basic Actions mentioned in Navigation chapter.
4. In the Current/Next Status section, perform any of the Basic Operations mentioned in Navigation chapter.
   A brief description of the fields is given below:

   Table 2-33 Status Cycle

   Field	Do this
   Current Status	Select the current status from the adjoining drop-down list.
   Next Status	Select the next status from the adjoining drop-down list.

5. Perform any of the Basic Actions mentioned in Navigation chapter.
6. In the Status Change Responsibilities section, you can define the responsibilities that are authorized to change the code. Perform any of the Basic Operations mentioned in Navigation chapter.
   A brief description of the fields is given below:

   Table 2-34 Status Change Responsibilities

   Field	Do this
   Responsibility	Select the responsibility that will be capable of executing this transition, from the drop-down list.
   Allowed	Select Yes to allow change to the status responsibility and No to disallow.

7. Perform any of the Basic Actions mentioned in Navigation chapter.