Originally Posted by
BlackKnight
Did the math in today's FCIF on DBA allowance make sense to everyone? They provided an example where Nov's excess was $1000. You have $1000 for Nov, or the DBA is $500 to use forward or back one month, of which $200 was used for Oct. All that makes sense. But they said $75 for Jan? Wouldn't it be $300 for Dec (of which it actually says that would be the amount for "subsequent months") and, if not used at all in Dec, $150 for Jan- not the $75 as stated? Am I missing something?
I came to the same conclusions. I was waiting a day to see if anyone else found the same error. Seems like a call to contract enforcement is in my future tomorrow to ensure this is just a typo and not the way the programming is actually set up.