OpenLoanIQ

Daily Servicing & Rate Fixing

Review the rate feed, record manual overrides for Four-Eyes approval, run the daily accrual, and generate billing notices.

Manual fixing / override

Records a fixing for Four-Eyes approval; a distinct checker applies it.

Run daily accrual

Idempotent interest + fee accrual for the as-of date. Re-running never double-posts.

1 active contract eligible to accrue.

Rate fixing feed

Authoritative daily index fixings (one per index / observation date).

SOFR2026-01-225.30000%PUBLISHEDLag
SOFR2026-01-215.30000%PUBLISHEDLag
SOFR2026-01-205.31000%PUBLISHEDLag
SOFR2026-01-165.32000%PUBLISHEDLag
SOFR2026-01-155.33000%PUBLISHEDLag

Billing notice

Reproducible interest/billing notice generated from a stored accrual.

Load accruals for a date to generate a billing notice. Run the daily accrual first if none appear.