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Handled by: Currently handled by Nehemiah @ EverBrightand Marti Ranea

Background: There may be instances where EverBright needs to provide a prepayment/buyout (PPA) or buyout (RIC) amount.

This request could be received as follows:

  • Email ticket from LaunchAccount Servicing

  • Failed credit qualification for a Home Transfer Sale

  • Home Demolish and Rebuild

...

Product

Pre-M3

Post-M3

RIC Buyout

Not allowed

Launch Account Servicing Provides

Fixed PPA Prepayment

Not allowed

Launch Account Servicing Provides

Flex PPA Prepayment

Not allowed

Email Internal Team (see below) (soon case assignment for revenue protection)

Flex PPA Buyout (Prior to Year 6)

Create a case

  • Customer request typePrimary Reason

    • System transfer/UCC terminations

  • Customer request subtypeSecondary Reason

    • PPA Buyout < year 6

Create a case assignment for Resolution team

  • Referral

    • Per SOP

Email Internal Team (see below)(soon case assignment for revenue protection)

Fixed PPA Buyout (Prior to Year 6)

Create a case

  • Customer request typePrimary Reason

    • System transfer/UCC terminations

  • Customer request subtypeSecondary Reason

    • PPA Buyout < year 6

Create a case assignment for Resolution team

  • Referral

    • Per SOP

Email Internal Team (see below)(soon case assignment for revenue protection)

Note

This process is only to be handled by Nehemiah @ EverBrightand Marti RaneaBrian Embry

Process Overview

STEP

ACTION

1

  • EverBright Customer Support creates a case in Salesforce under the customer’s contact recordcontract

2

3

  • Forward the above information once available to Launch Account Servicing through the original form of communication

4

  • Close Salesforce case