Pursuant to a state audit, Docutech will be updating the print configuration of our Oregon Escrow Account Statement (Cx2761), which prints per the instructions in Oregon Statute § 86.270 for applicable real estate loan agreements. The reason behind this change is based on a review of Oregon Statute § 86.205, which defines “real estate loan agreement” as “an agreement that provides for a loan on residential property that the borrower occupies and that is secured by real property.”
Consequently, the print configuration for Cx2761 OR Escrow Account Statement will be modified to only print for primary residences.
This configuration change will be effective on April 16, 2016. If you have any questions or concerns about this change, please contact Client Support at 1.800.497.3584.
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