Pursuant to a review, it was determined that we needed to modify the language of Cx865 and Cx7965 when there is a Power of Attorney (POA) on the loan.
We will be making the following changes if there is a POA on the loan:
- The title of the document changes to reflect that it is a Name Affidavit, not a Signature/Name Affidavit.
- The language will change to make it more clear that the person signing is doing so in a representative capacity.
- The attorney-in-fact will sign the document instead of the Borrower/NPE.
- The notary section is slightly modified to make it more clear that the person executing the document is the individual with Power of Attorney, not the person being represented by the POA.
These document changes will take effect on October 4, 2016. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.