Document Updates: Wyoming Notice and Explanation of Fee Increase (TRID)(Cx19752) and Wyoming Notice and Explanation of Fee Increase (Cx16634)
Mar 3, 2020
Pursuant to our monthly audit of GSE and Federal Agency forms, we will be making the following changes to Cx801 and Cx2283:
8821 Tax Information Authorization (Cx801):
Cx801 – a duplicate of IRS Form 8821 – will be updated to match the latest version of the official form (available at: https://www.irs.gov/forms-pubs/about-form-8821), as follows:
“If signed by a corporate officer, partner, guardian, partnership representative, executor, receiver, administrator, trustee, or party other than the taxpayer, I certify that I have the authority to execute this form with respect to the tax matters and tax periods shown on line 3 above.”
To (new text indicated by italicization):
“If signed by a corporate officer, partner, guardian, partnership representative (or designated individual, if applicable), executor, receiver, administrator, trustee, or party other than the taxpayer, I certify that I have the legal authority to execute this form with respect to the tax matters and tax periods shown on line 3 above.”
For Your Protection Get a Home Inspection (Cx2283):
This document is provided pursuant to 24 C.F.R. § 35.88(a)(1) and FHA Single Family Handbook 4000.1 II.A.1.a.ii(A)(4), II.A.8.a.xiv(B)(3), & II.A.9.k.ii and is a duplicate of form HUD-92564-CN (available at: https://www.hud.gov/program_offices/administration/hudclips/forms/hud9#group2).
HUD has posted a new version of this form (with an OMB Approval Number expiration date of 06/30/2021) which is very similar to the versions posted prior to November, 2018 (e.g., it is missing a signature area for the homebuyer.
We have confirmed with FHA that this “06/30/2021” version is the one that HUD requires (and was not a mistaken posting of an earlier version of the form), so we will be overhauling Cx2283 to match this newest version. Major changes include:
These changes will be in effect on March 10, 2020. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.
DR 310512
The preceding is for informational purposes only and is not and may not be construed as legal advice. No third-party entity may rely upon anything contained herein when making legal and/or other determinations regarding its practices, and such third party should consult with an attorney prior to embarking upon any specific course of action.