Creating an account

You can create an escrow or reserve account and select the related funding source for that account. These accounts are used for tracking servicing transactions related to a deal that are not managed within the deals capital stack.

Note: Before creating an account, ensure that:

• Full access permission is provided to the Deal Management:

• Portfolio Page & Deal Creation

• Deal Details

• Deal Overview

• Capital Stack

• A deal is created.

• A funding source is added.

To create an account, perform the following steps.

1.

At the top-left of the page, click Portfolio.

2.

On the Portfolio page, click Deal ID or click View for the deal.

3.

On the left navigation menu, click Capital Stack.

4.

On the Capital Stack page, click + New Account.

5.

On the New Account page, enter the following information.

i

In the Account Type section, select the required account type.

ii

In the Account Nickname field, enter an account name.

iii

In the Related Funding Sources section, select the required funding source.

6.

Click Create Account.

The Accounts tab is displayed with the newly created account.