This document is an addendum to the loan application (which, in most cases, is FNMA/FHLMC Form 1003/65), which generally only prints one copy per loan and lists out all of the borrowers’ information. Within our system, clients may opt to provide a copy of the loan application per each borrower (or a copy per each borrower and their spouse). Under such circumstances, it is necessary to print a copy of Cx13441 per each loan application, rather than printing one copy which purportedly amends two or more applications.
In order to accommodate for this, we will be configuring Cx13441 to print one copy per 1003 Form (our most used version being Cx4193).
We will also be configuring the borrower/co-borrower indications on the document and signature lines at the end of the form to print per individual to whom the addendum is given to. For example, if there are two pairs of spouses on a loan (four borrowers) and a loan application is generated per pair (two applications), each copy of Cx13441 will print only the names of the borrowers for which the document is generated for, as well as printing only two signature indications on the document.
These changes will take effect on
June 12, 2014. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.
June 5, 2014
In order to assist our clients in their efforts to prepare for this update, we will not be pushing out these changes at this time; we will make these changes at a later date. We will update this announcement to give clients sufficient warning prior to making the changes.
June 11, 2014
We are prepared to move forward with these changes; they will take effect on August 14, 2014. The changes have been pushed to the Stage servers for all clients who wish to preview/test them. Please contact Client Support for any questions or concerns.
August 7, 2014