Cx18183 is provided in connection with first lien loans in order to allow the borrower the option to exercise their waiver rights under 12 CFR § 1002.14(a)(1) or to acknowledge receipt of a copy of their appraisal (see http://blog.docutechcorp.com/january-2014-new-documents-first-lien-appraisal-waiverreceipt-form-cx18183 for more details).
Upon a review of the language of this form, we have decided to replace the first person narrative in the “Election” section with a second person narrative, in order to make the document easier to read for the borrower.
This change will take effect immediately. If you have any questions or concerns about this change, please contact Client Support at 1.800.497.3584.
January 28, 2014