The format of one sentence on the New York Lock-in Agreement has been modified. The notice indicating forfeit of some or all of the lock-in fee upon the applicant providing incomplete or incorrect credit information is now entirely in upper case letters and underlined, pursuant to N.Y. Comp. Codes R. & Regs. tit. 3, § 38.6.
This change will take effect on May 19, 2012. If you have any questions or concerns about this change, please contact Client Support at 1.800.497.3584.
May 18, 2012