Select all the processes that are first-time/one-time configurations.

The choice highlighting the configuration of the ability to edit Collateral Type and Sub-Type Fields is indeed a first-time or one-time configuration because it involves setting fundamental parameters that establish how collateral information can be manipulated in the system. Once set, these configurations typically do not require regular adjustments, as they define the structure and options available for all users in regards to collateral.

This foundational setup is integral to the system’s operation and determines the overall handling of collateral data going forward. Once established, the need for subsequent adjustments is significantly reduced unless there are changes in strategy or operational requirements.

In contrast, the other choices involve settings that can be altered as business needs evolve. For instance, configuring the default filter for each Collateral Type can be adjusted based on user feedback or changes in collateral management strategies, indicating a more dynamic configuration process. Similarly, configuring UI Collateral field sets on a loan and collateral field sets per Collateral Type suggest ongoing tailoring of fields and UI to optimize user workflow or to accommodate new types of collateral, which inherently requires regular reassessment and can be modified as organizational priorities change.

Thus, the chosen option exemplifies a static configuration, while the others entail more frequent updates and adjustments based on operational needs.