We are pleased to announce the publication of our “Cooperative Matrix” (available at: https://compliance.docutech.com/matrices/), which summarizes which generic cooperative documents we print (or offer) in each jurisdiction where we support cooperative loans.
This Matrix is comprised of two sheets. The first sheet contains three tables. The first table provides a simple description of some of the major cooperative documents used in a cooperative loan. The second table lists which documents are configured (or offered) in each jurisdiction and whether Docutech treats cooperative loans in such states as being secured by “personal” or “real property” (or both, in the cases of Minnesota and Washington). The last table lists the generic riders which may print for cooperative loans.
The second sheet provides a listing of which jurisdictions we support cooperative loans, as well as the type of such loans we currently support.
If you have any questions or concerns about this Matrix, please contact Timothy A. Raty (Sr. Regulatory Compliance Specialist) at firstname.lastname@example.org or any other member of our Legal team at email@example.com.