Update Releases
2.0.0.51 - 1/28/2008
-Added three-up IRS form 1098 printing.
-Fixed issue with deleted lenders preventing form from loading all records.
2.0.0.50 - 1/28/2008
-Added support for printing 1098s broken out by multilender settings, and support for printing to federal 1098 forms (under Other Records menu)
-Fixed an error in the Loan Totals and Loan Yields calculation logic.
2.0.0.49 - 12/6/2007
-Added support for printing 1099-MISC statements for your lenders (Other Records > Print 1099-MISC Forms)
-Fixed the code that validates records and allows manual repairs of damaged portfolio files (sorry everybody!)
-The Complex/MultiLender Summary of Loans Report now totals up the discount earned for each lender and the entire portfolio.
-Added a dialog that allows you to select a new template for Quicknotes when the template they were tied to is deleted.
2.0.0.48 - 10/19/2007
-Fixed layout of Next and Back buttons in the wizards when screen font size is changes
2.0.0.47 - 10/19/2007
-Fixed long pauses caused by QuickNote pop-up code in portfolios with many quicknotes or statement records
-Added "Edit Custom Vallues" to the right-click menu on the List of Loans
-Added the loan's current regular payment amount to the Collections Report
-Added "Edit Borrower" and "Edit Lender" to the right-click menu on th eList of Loans
-Added "Show Borrower's Loans" button to the Manage Borrowers Dialog (Other Records > Manage Borrowers)
-Fixed error that prevented the Portfolio Setting dialog from working sometimes
-Fixed error in Lender Wizard (Notes weren't saving)
-Fixed error: Interst-is-Payment loans can sometimes compute negative regular payments, which crashed the Loan Wizard's #7 Dialog
2.0.0.46 - 7/9/2007
-Added option to advance statement to next period based on upcoming payment due date, instead of the number of days after the last due date
-Added option to print a report for all open loans on all loan-type reports (like Payment Detail, but not Summary reports, like Cash flow or SOLs)
-Revised lender association records for multilender loans to eliminate the need to recalculate each loan when rendering a multi-SOL report (for Discount earned calculations) more
2.0.0.45 - 7/2/2007
-Fixed Loan Wizard dialog not saving the Skip Interest on 31st setting.
2.0.0.44 - 6/22/2007
-Fixed interest schedule for Construction Loans from Make a Loan dialog
-Added Interest Adjustment payment type
-Added "Skip Day 31 Interest" option for daily interest loans
-Added shortcut (Ctrl-M) to the Manage QuickNotes dialog
-Added Custom1 and Custom2 columns to the List of Loans
2.0.0.43 - 5/22/2007
-Fixed code that applies regular payment amounts due to a loan during calculation of Flex Loans.
2.0.0.42 - 5/10/2007
-Fixed error with associating multiple lenders to a loan during computation.
2.0.0.41 - 5/4/2007
-Added the Make a New Loan dialogs to simplify making most common loan types more
-Fixed handling of payments and third party fees with FlexLoans
-Fixed Payment Status so it no longer includes Amount Due and Principal Adjustment type payments in the totals.
-Fixed typo in loan wizard
-Added the current loan balance to the header on many reports
-Fixed handling of amount due for FlexLoans
-Made Compound on Payment Schedule the default for new loans
-Added the Loan Totals report more
-Added Multi-Lender Loan Totals report more
-Added computation of discount earned as column in multi-lender Summary of Loans report more
Follow the links to the topics on the message board where there's details abotu the new stuff.
2.0.0.40 - 4/10/2007
-Added Amount Due Adjustment payment type More Info
-Added Interest is Amount Due loan mode More Info
-Fixed typo in Regular Payment sorting routine code
2.0.0.39 - 4/4/2007
-Stopped the sorting from running every time the page refreshes.
-Set new loans now default to the "Use default" Grace Period setting.
2.0.0.38 - 3/28/2007
-Fixed error that prevented entry of new payments!
-Fixed computation when multiple payments apply to one due date.
2.0.0.37 - 3/27/2007
-Added option to waive late fees on a per-payment basis.
-Added per-loan grace period option.
-Added Amount Due column to Complete Accounting report.
-Fixed error in current year tally computation logic.
-Added ability to tell if multiple regular payments have been applied to one period, and credit fees accordingly.
2.0.0.36 - 3/9/2007
-Fixed problem with Summary of Loans report showing current balance amounts for reports with dates in the past.
-Added Receivables report to show, in addition to other numbers, the estimated monthly receivable by loan, lender, and portfolio.
2.0.0.35 - 2/21/2007
-Added Collections Report. More about this report on the message board.
-The main window now shows the number of open loans, and total number of loans in the system in the status bar at the bottom.
2.0.0.34 - 2/16/2007
-Stopped MLP from including closed loans when printing statements on multiple loans.
2.0.0.33 - 2/9/2007
-Replaced the negative amount for principal addition with the "Principal Adjustment" payment type. More info on the Message Board.
2.0.0.32 - 1/20/2007
-Fixed issue that caused late fees to accumulate on Flex loans even if payments were received.
-Added recording of statements at time of printing. More info on the Message Board.
2.0.0.31 - 1/4/2007
-Fixed a problem with crediting regular payment amounts when payments were below the expected amount.
-Added "Interest Strict" payment type to allow payments to credit towards interest in spite of outstanding third party fees.
2.0.0.30 - 12/19/2006
-Added option to pay off late fees before principal (in the loan Loan Wizard - Principal dialog) regardless of payment amount received, in addition to the default option of paying late fees only if payment is higher than regular payment amount.
-Added some simple error handling to the sorting routines in the main window to improve stability
-Fixed a glitch that cause the payoff amounts to differ when printed from the preview dialog, even though the preview showed the correct amounts.
2.0.0.29 - 11/29/2006
-Added Points Paid setting to loan wizard which is used in 1098 statements
-Added new set of 1098 statements to template share for use with Points settings
-Adjusted amortizer to compute "Apparent" payment one month earlier
-Added error handling to QuickNotes pop-up code
-Improved the logic for determining which QuickNotes to pop-up
2.0.0.28 - 11/21/2006
-Added contextual help button to the toolbar
-Fixed glitch in ratio between weekly, daily, and biweekly interest periods
-Show Closed Loans button causes LOL to refresh automatically
-Setting a future date on a QuickNote will cause a pop-up notice when that date/time arrives.
-Loans can be copied from one portfolio to another.
2.0.0.27 - 11/14/2006
-Any date can be selected for individual third party fees.
-Closed loans show a zero balance in summary of loans reports.
-Amortizer will generate a default regular payment based on a loan's current balance, in addition to the assumed regular and interest payment amounts.
-Loan Summary dialog to quickly review contents of a loan record (right-click in the list of loans)
-Borrower Summary dialog to quickly review contents of a borrower record (right-click in the list of loans)
-Lender Summary dialog to quickly review contents of a lender record (right-click in the list of loans)
-Fixed a bunch of crashes in the payment calculator if a non-numeric value was entered into the different fields.
-Corrected some "upside-down" math which was incorrectly adjusting the ratio of interest to principal for certain schedules.
2.0.0.26 - 10/31/2006
-Added Per Diem Interest Tool
-Statements/Printing Dialog remembers last settings
2.0.0.25 - 10/3/2006
-Fixed error when amortizing or changing regular payment on non-monthly loans.
2.0.0.24 - 9/5/2006
-Added "Pay Off and Close Loan", "Pay Off with New Loan", and "Charge Off and Close Loan" to the payoff calculator dialog.
-Fixed typo in Quarterly Payment DueDate Scheduler (now uses 1 Quarter instead of 3 Minutes!)
-Added Interest Only mode to loans and Regular Payments to force an interest only status for Amortization tables and the interest calculator.
-Fixed code that accounts for additional principal when determining default payment amounts for new Regular Payment settings.
-Revised the Amortization Engine and Regular Payment Dialog to drastically improve accurracy of amortized repayment and interest only settings.
-Added check to cause loans that have matured to assign values to the total due, next payment due, etc.
-Revised code to position Back, Next, and Finish buttons relative to screen size in Wizard dialogs.
2.0.0.23 - 8/29/2006
-Added Loan Yields report
-Added Bar128 barcode font and functionality
-Fixed missing late fees for payments that haven't yet been received in Flexible Payment loans.
-Reversed search order for <del> tag to allow nexting/multiple adjacent tags.
2.0.0.22 - 8/22/2006
-Added <del>, <ldel>, and <tab> tags to allow the removal of succeeding or preceeding characters.
-Fixed windows that did not have "Scale with Windows Font Size" disabled.
-Fixed problem with calculating regular payment for interest on a more frequent schedule than payments.
-Added Flexible Payment loan type to allow lenders to credit payments on the date arrived while managing the loan as a fixed term loan.
-Fixed glitch where MLP added a late fee for every interest cycle for separate interest/payment schedule loans.
2.0.0.21 - 8/15/2006
-Added Template Definition Files for template sharing.
-Added Extended Custom Fields to allow association of extra data with each loan.
-Added <LoanRecentPayment1, 2, 5, and All...> tags for adding information about recently received payments to statements and other communications with borrowers.
-Added autosensing for US/UK dates when program first installs
-Fixed Interest Only glitch where payments that already had principal amounts showing would not show zero after the 2.0.0.20 patch.
-Added statement delay setting to allow users to adjust how many days MLP will wait before advancing to the next billing cycle.
-Fixed indexes to account for deleted object ID's.
2.0.0.20 - 7/18/2006
-Fixed error in payoff calculations based on the incorrect date since the calculator rewrite in 2.0.0.16.
-Added Interest Only designation to payments to allow them to appear only as interest and not influence the amount of outstanding principal.
-Added late fees to deferral markers that show received dates after the grace period.
-Improved the payment management interface to illustrate regular, interest only, and principal payments that are either on time or late.
-Added note when a payment will incur a late fee to the payment dialog.
2.0.0.19 - 7/14/2006
-Fixed problem with incorrect balance and payoff amounts (balance was temporarily showing total due instead of outstanding principal amount).
2.0.0.18 - 7/9/2006
-Fixed problem with "precomputed" tags such as payoff and YTD_Interest, which were broken by the 2.0.0.16 patch.
2.0.0.17 - 7/8/2006
-Fixed problem with statements showing $0 for past due and only Regular Payment for amount due.
-Fixed late fees on late loans where fees are applied against payments not received.
2.0.0.16 - 6/30/2006
-Major revision to the calculation engines which improves stability and consolidates the different algorithms to a single set of routines.
-Changed balance shown in main window to reflect the principal plus interest, late fees, and other charges due, instead of just principal.
-Added setting in Portfolio Settings (under the Numbers Tab) for "Statement Delay" (how long before statement date is advanced to the succeeding month).
-Fixed text to make more sense in the <AskQuestion> Special Tag dialog, which was also reversed.
-Replaced default Windows InputBox with custom form for answering Template Question at print time.
-Debugged some small issues with Question tags
-Allow IDs from deleted objects to affect the MaxID stored in the file index (fixes problems with residual records associating with new records assigned the same ID as a previously deleted record).
2.0.0.15 - 6/20/2006
-Added Extended Payment Detail Report
-Added MultiLender Summary Of Loans Report
-Added MultiLender Income Analysis Report
-Added MultiLender Cash Flow Report
-Fixed error when re-opening a closed loan
-Added Min/Max constraints to date ranges in Lender Association dialog
-Fixed "duplicate record" problem after new update installs
-Fixed <LoanRegularPayment> tag to display regular payment including changes over time
-Fixed list of loans to display the regular payment based on changes over time
-Added code to improve Maturation Date settings when using the Payment Calculator to create a loan
-Removed QuickNote Templates from the list of templates in the Print Statement dialog
-Added option to allow payments to "carry over" if they exceed the regular payment amount
-Fixed tab order on Payment Calculator
-Improved program startup time
-Changed Amount past due to base on the payment cycle, and not on 30 days prior
-Added Portfolio File versioning to determine the need for update management on a per-portfolio file basis
2.0.0.14 - 6/13/2006
-added Multiple Lender / Lender History management with adjustable Purchase Price and Percent Interest over date span of ownership
-added QuickNotes for sending brief, unique notices to borrowers
-added QuickNote Letterhead template type
-approx 50% complete for scanning documents into the portfolio records
-fixed Cash/Accrual setting not being retained between sessions
-added keyboard shortcuts to many menu items
-closed loans now show "- - -" and 0's in many places
-fixed issue with variable interest rates applying properly
-fixed "None" buttons on Borrower screen of Loan wizard
-fixed code when restarting after an update to fully shut down the portfolio before initiating the update routines
-fixed Custom fields not saving in Lender Wizard
-fixed missing regular payment applied to loan's amount due field in irregular initial cycle of amortized loans
-migrated <LoanTodays...> tags to equivalent <Loan...> values
-added <BorrowerAllFormattedName> tag
2.0.0.13 - 6/6/2006
-added Prepayment Penalty computations
-added Rule of 78s payoff calculation
-added Payoff calculator
-added <LoanPayoffTwoDay...> and <LoanPayoffTenDay...> template tags
-added TwoDay Payoff and TenDay Payoff statements to the default templates
-added additional template layout settings to facilitate creating label templates
-added Avery 8160 compatible mailing labels to default templates
-added <LoanNextPaymentLateDate> and <LoanAmountDueIfLate> tags
-fixed balance to show correct amount if accounts become past due.
-fixed the seach borrowers function in the borrower manager.
-removed record sorting in Complete Accounting report to ensure Balance shows logically and linearly
-added Amortization Table with Totals report
-added <GracePeriod> template tag
-fixed Payment Detail report to correctly show late payments
2.0.0.12 - 5/30/2006
-Added Portfolio Snapshot Report
-Added <LoanInterestPaidYDT>, <LoanInterestPaidLastYear>, <LoanPrincipal...>, and <LoanTotalPaid...> tags to template system
-Added "1098 Statement" and "Substitute 1098" templates to the defaults
-Added Complete Accounting Report showing all transactions (including finance charges) against a loan
-Report preview auto-resizes when the window resizes!
-Added "Ask Question" tags to template system, allowing the user to enter information at the time a statement prints.
-Fixed Amortization to acknowledge when first interest cycle is a normal one
-Fixed Tab Order on Payment dialog
-Fixed "Import" button enable when checking Templates to import from another portfolio
-Changed Account Status on Statements from "Paid" to "Current"
-Added period before first payment is due to the Loan Status report
-Added loan status to Summary of Loans report
2.0.0.11 - 5/24/2006
-Fixed Save button for Deferred Payments and Principal Additions
-Fixed math error when determining regular payment amount for weekly and biweekly schedules
-Fixed amount due and regular payment shortcuts, and loan account number display when editing or creating a payment from the payment manager.
-Allow borrowers to have only Company name.
-Added minimum balance outstanding to list of loans report.
-Fixed locking problem when creating new third party from the third party manager.
-Added Third Party Fees report.
-Fixed Third Party Wizard to properly record phone numbers.
-Added new algorithm to calculate Variable Schedule Payments / Interest with Payments and enabled these options in Loan Wizard.
-Fixed the precomputed maturation date for semi-annual payments.
-Added automatic pro-rating of interest for loans that mature before the last payment is scheduled, and last payment is due on maturation date.
2.0.0.10 - 5/16/2006
-Fixed inconsistency in Change Regular Payment dialog
-Added Payment Calculator tool with "Create Loan" button!
-Revised code for Regular Repayment amount calculations and Interest Only Payment calculations to give a number in every interest scenario
-Added "no Rate" Payment Detail Report
-Added Interest Type to allow the rate to refer to either an "Annual Rate", a "Percent of Outstanding Principal", or a "Percent of Initial Principal" which make the program very useful in countries where those types of loans are common.
-Added the Import Template function to the Template manager.
-Changed "LoanTodaysOtherFees" to "LoanOtherFees" in the default Regular Statement to correctly represent the other fees due.
-Added functions to recalculate multiple loans when selected in the list of loans.
-Added option to change the default open folder to "General2" tab of MLP Settings dialog (F2)
-Added option to recalculate loans before printing statements to "General2" tab.
-Upgraded interest and amortization engines to generate amortizations across the new spectrum of supported interest types.
2.0.0.9 - 5/9/2006
-Fixed drawing glitch with shape objects that affected multiple-printings-per-page templates like vouchers
-Added Borrower Name to the Summary of Loans report
-Added Gross Receipts report
-Amortization report hidden when selected loan is not Fixed Term with Interest on Payment Schedule
