Opening/Removing Hold on an Escrow Disbursement batch

9.4.6 Opening/Removing Hold on an Escrow Disbursement batch

Only escrow disbursement batches with a status of HOLD can be opened.

To open or remove hold on an escrow disbursement batch

On the Oracle Financial Services Lending and Leasing Application home page, click the Servicing > Servicing > Escrow Transactions > Escrow Disbursement Entry tab.
On the Escrow Payment Entry page, use the View Options section to select All Batches.
Use the Disbursement Group section to search for and select the escrow disbursement batch with the status of HOLD you want to open.
In the Action section, click Validate Batch.
The system changes the escrow disbursement batch status from OPEN to PROCESSING and submits the batch to the job service in the Disbursement Group section. After the batch has been processed, the system changes the its status to POSTED or ERRORED.
If an escrow disbursement batch has a status of ERRORED, the accounts in the Details section with the status of ERROR must be excluded from the Disbursement Group before the batch can be posted.
Clear the include box of any accounts in the Details section with a status of ERROR, then click Validate Batch again.
When an escrow disbursement batch has a status of PROCESSED, the Post Batch button in the Action section is available.
In the Action section, click Post Batch.

The system changes the status for the accounts in the Details section included in the escrow disbursement batch to POSTED and creates an entry on the Disbursement Maintenance page.

Parent topic: Escrow Disbursement Entry Tab