Currently on our standard closing instructions, when “Loan Type” (Field 1066) equals “RD,” the acronym “FmHA” (referring to the Farmers Home Administration) is appearing in the “Loan Type” section of the document.
In order to be more consistent with the loan types disclosed on other documents (particularly the HUD-1), we will be changing this so that “RHS” (Rural Housing Service) will print instead of “FmHA.”
This change will take effect on April 9, 2014. If you have any questions or concerns about this change, please contact Client Support at 1.800.497.3584.
April 8, 2014