FIX1.03.00 · Released 24 March 2011

FIXfinPOWER Connect

Released in

1.03.00

24 March 2011

1. Opened9 Feb
2. Closed14 Feb
3. Released24 Mar

Article 8490 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.