Currently there is language in our Assignee Blank set of assignments that refers to the Assignor as a “corporation”. We have modified these references to allow for different entity types (Ie. Corporations, Partnerships, LLCs) by utilizing field 1048 “Lender Is a”, which will give clients more flexibility to use different entity types when applicable.
These changes will be in effect immediately. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.
DR 250494 and 251124