Article Details
| Id: | 8490 |
| Product: | finPOWER Connect |
| Type: | FIX |
| Version: | 1.03.00 |
| Opened: | 09/02/2011 |
| Closed: | 14/02/2011 |
| Released: | 24/03/2011 |
| Job: | J006912 |
Land Security Items; logic behind Priority Amount changed
Land Security Items have additional "Prior Ranking Mortgages" that other base types don't have.
Previously the logic was Priority Amount = Adjusted Value x Percentage.
This logic has changed to Priority Amount = Total Value x Percentage - Prior Ranking Mortgages.