Certifications of Proof

8/11/2019 Certifications of Proof

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CERTIFICATIONS OF PROOF

I. GETTING STARTEDA.Accessing the New Jersey Remote

1. Go to your desktop, click Start.

2.

Type the word run inside the search textbox and then hit enter key pad.

Figure 1: Executing RUN.exe


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Figure 3.2: Remote Log-In Window

C. Opening the BlueTrack Case Management System

1. On your desktop, double click the shortcut RemoteBT icon (BlueTrack CaseManagement System).

Figure 4: RemoteBT Desktop Icon

2. Enter your credentials and click OK button.User ID: efnjstaff

Password: phil


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Figure 5: BlueTrack Case Management Log-In

II. PROCESSING CERTIFICATIONS OF PROOF

1.

Open your BlueTrack Case Management System.2.

Inside the textbox on the Open window, type the file number assigned forprocessing. Then hit enter key or click the Find.

3. Select the file number inside the listbox with a case type FCL, in order to do so

double click on the file number or you can select the file number first and clickOPEN button.

Figure 6: Search Window


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4. Under the Case Info tab, click DocTrack button.

Figure 7: DocTrack Button

5. Inside your DocTrack. Select on the Latest Final Judgment Figure.

Figure 8: DocTrack Window

6. Once you opened your Judgment Figures. Go to your Loan Info Tab in the CMSand check if the Good Through Date is available, if not you have to use the GoodThrough Date from your Judgment Figures. If Good Through Date is present inyour CMS and there is a difference in your Judgment Figures still you have to usethe Good Through Date from the Judgment Figures. Just make sure that youhave a copy of the old Good Through Date because when you are doneprocessing you have to retain the old Good Through Date from the CMS.


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Figure 9: Good Through Date from CMS and Judgment Figures

7. Compare the UPB in the CMS and from the Judgment Figures. UPB should always

exist in the CMS else do not process the Certifications of Proof. If there is

difference between the UPB still we need to follow what is in the Judgment

Figures and make sure that you put that in your notes or checklist for reference.

8. Open your CERT tool. This will be used for the computation of the Interest Rate

changes if you have a lot of them present in your Judgment Figures the samefunction in Schedule C if you have an Adjustable Rate. In most cases you have

only one Interest Rate change, so there is no need for you to compute anything

to get the breakdown of the Interest Rate.

We always have to compute

for the Interest amount even if it is only 1 interest change date or it is FIXED .


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Figure 10: An example of a Single Interest Rate Change.

Note:

For the Adjustable Interest Rate. Used the following formula.

Daily interest rate = (UPB) x (interest rate) / 365

Period interest amount = (Daily interest rate) x (# days per period)

9. Once you are done with the tool or if there is no need for you to compute for the

Interest Rate Changes. Check for the Late Charges in your Judgment Figures and

compared the assessed date to your Complaint Filed date under your Action Dates

in your CMS. Make sure that the date of your Late Charges in your Judgment

Figures should be prior to the date from your Complaint Filed date in your Action

Date if not disregard the Late Charge. In addition if there are no breakdowns for

the Late Charges do not include this in your computation during your merge and

be sure to make a note in your checklist for reference.

We always have to put the breakdown of the l

charges. Regardless if it is negative or positive. Make a note in your checklist if yo

cannot determineyour late charge breakdown.


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Figure 11.1: Late Charges

Figure 11.2: Action Dates


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10.Once you are done checking the Late Charges. You can now proceed with the

merged by following the illustration below.

Figure 12: Merging the Certifications of Proof

11. Cert of Proof Amount Due window will appear as illustrated in the figure below.

Figure 13: Cert of Proof Amount Due

Make sure that you clicked "Microsoft Word Mail Merge" before clicking RUN.


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12. Retain the date from the Default Date and change the date from your File Date

for you to calculate the number of Late Months depending on the number of

months assessed in you Late Charges in your Judgment Figures.

Figure 14: Late Charged Computation

13. Copy the total amount of taxes under the breakdown of your Escrow Advances

in your Judgment Figures. Place it under Real Estate Taxes. See example

illustration below.

Figure 15: Taxes


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14. Get the total amount of your MIP in the Judgment Figures and place it under

Mortgage Ins Prem.

Figure 16: M.I.P

15. Get the total amount for your Hazard Insurance in your Judgment Figures. Place

it under Home Owners Ins Prem. See Image below.

Figure 17: Home Owners Ins Prem

NOTE: We do not put any negative amounts under the 3 breakdowns. Get the total of all th

negative amount then place it under "Less Escrow Monies"


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16. Get the total amount of your Property Preservation Fees in your Judgment

Figures and put the amount under Winterizing/Securing as shown in the below

picture.

Figure 18: Winterizing/Securing

17. For the Less Escrow Monies this is your Credits in your Judgment Figures. Make

sure to put a negative sign (-) in the beginning of the amount for this one.

Figure 19: Less Escrow Monies

17. Your Less Escrow Monies are the "Payment Received" under your Escrow Breakdown.

Do not forget to put a negative sign (-) before the amount. Else, it will not be deducted

to your computation.

> For amounts found in your Jfigs that do not fall in any of the given category (ex. Suspense

Balance, Total Fees Accum. Fees or Other Fees) put it under "Other Charges"

- Click ADD, then place the Account name, then the amount. Make sure to put a negative

sign if it has to be deducted.

- Sub-total of Advances should be the same as the total of your Escrow Breakdown,

Preservation Fees and Property Inspection

-Net Advances is the difference of Sub-total of Advances and Less Escrow Monies.


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18. For the Total Interest this will be the total of the breakdown of your Interest

Rate Changes if you have an Adjustable Rate Change but if you have only one

Interest Rate Change just copy the exact amount from your Judgment Figures.

Figure 19: Total Interest

19. Do not input any amounts for the Uncollected Late Charges.

20. Merge or generate the file by clicking the OK button. Follow the illustrations

below if you see the pop up windows appear during the merge.

Note: Choose semi-colon for the Field Delimiter and tilde for the Record

Delimiter.

After filling in the necessary fields. click OK.


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Note: Click OK button.

21. Merged document will be generated. As shown in the example below.20.


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Note: Copy the Total Due Amount and paste it on Section 2 as shown in the picture

below.

22. Change the date to Docket Date from the CMS found under Case Info Tab. See

the example illustration.

23. If you have an Adjustable Rate Changes computation. Here is an example on

how you will put this on to the actual merged document.


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Note:

The last date there is your Good Through Date in your Judgment Figures. For a

single rate change there is no need for you to create this kind of breakdown of

rate changes.

24. Put the breakdown rate from the Judgment Figures if you have different amount

for the late charges.

25. Put the breakdown of Taxes/MPI/Hazard Insurance from the Judgment Figures.

If you only have one breakdown for the amount, copy the breakdown and align it

with the corresponding date. Please refer to illustration below.

We still have to put the breakdown even if it is only 1 Interest Change.


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26. Once you are done. Save your file. There is no Action Dates and Credits for the

Cert of Proof.

There are

Certifications of Proof

Documents