In a wrap (all-inclusive) structure you collect on the wrap asset note and, underneath it, keep paying the liability loan(s) it wraps. AutoPay cascade does that second step automatically: when a payment posts on the wrap note, NoteHarbor records the scheduled payment on each linked underlying loan — on the underlying's own amortization schedule, split by its own waterfall, exactly as if you'd entered it by hand.
Turning it on
AutoPay cascade is off by default and set per wrap. On the wrap note's Tax Tracking tab, in the Wrap Structure card (below the underlying links), tick Auto-record underlying payments on this wrap and Save AutoPay Settings. Link the underlying loans first, or the switch has nothing to act on. Turning it on never re-posts past payments — it only governs the ones you record from then on, so no ledger changes until you opt in.
The settle-timing offset
Money rarely leaves the same day it arrives. The settle-timing offset dates each cascaded underlying payment a set number of days from the wrap receipt — a positive number for after, a negative one for before, bounded to a month either way.
What gets recorded
Each cascaded payment is the underlying loan's own next scheduled payment — never a copied figure — split into principal, interest, and escrow by that loan's waterfall. It's tagged ↳ Auto from wrap … in the underlying's payment history, and the wrap receipt shows ↳ Cascaded to … underlying; each links to the other.
Reversing
The cascade reverses with the wrap payment: delete or reverse the wrap receipt and every payment it cascaded is backed out and each underlying re-derived. A given wrap receipt cascades to a given underlying at most once — it can never double-record.
What it skips
The cascade stays conservative. A payment held in suspense doesn't cascade (decide where it goes first); a paid-off underlying, or one with nothing due, is skipped; and an underlying with a balloon, a rate rider, or recorded modifications is flagged for you to record by hand rather than auto-touched, because its schedule can't be safely re-derived. Everything the cascade does — turning on, recording, reversing — is audited.
The investor side has its own switch now: auto-remit marks each new investor payable remitted as its payment posts — a per-lienholder opt-in on the lienholder's page (bookkeeping only; it never moves money).