Pursuant to a review by our Legal team, Docutech is updating the format of the Notice to Homeowner – Assumption of FHA Mortgages (Cx1566) to reflect the current FHA Single Family Mortgages Model Document found at https://www.hud.gov/program_offices/housing/sfh/model_documents.
The most notable changes are:
- the word “purchaser” has been replaced with the word “borrower”
- the word “lender” has been replaced with the word “mortgagee”
- the “Instruction to Lender” at the end of the document has been removed
Other minor grammatical and formatting changes have also been made.
These document changes will take effect on May 18, 2018. If you have any questions or concerns about this change, please contact Client Support at 1.800.497.3584.