Retrieves the status for a loan batch update.

The Encompass Lending Platform supports batching multiple loan updates into a single request. Use batching to quickly update the value of one or more fields in a set of loans. It is significantly faster than opening the individual loans and setting the field values.

🚧

Keep the following points in mind when working with batch updates:

• Because batch updates can be used to bypass rules, it can only be invoked by a user with Administrator access to the system.
• Triggers associated with the fields are not invoked.
• Business rules, such as Field Access and Loan Access rules, are ignored. All field values are updated without regard to the rules in place.
• Calculations are not performed, regardless of whether they are standard Encompass calculations or custom field calculations.
• Webhook changes may not fire immediately and can be combined into a subsequent update of a loan.