--- title: "Document Updates: Borrower’s Income Verification COVID-19 Declaration (Cx23858)" description: Join the First American network of trusted title agents with comprehensive tools and resources. --- - Solutions - [Overview](https://docutech.com/solutions/) - [Document Solutions](https://docutech.com/solutions/document-solutions) - [eClosing](https://docutech.com/solutions/eclosing/) - [Document Generation](https://docutech.com/solutions/document-generation) - [Fulfillment](https://docutech.com/solutions/solutions-fulfillment) - Resources - [Overview](https://docutech.com/resources/) - [Solution Briefs](https://docutech.com/resources/solution-briefs) - [Request a Demo](https://docutech.com/docutech-request-a-demo) - [Compliance](https://docutech.com/resources/compliance) - [Blog](https://blog.docutech.com) - Partners - [Overview](https://docutech.com/partners/) - About Us - [Overview](https://docutech.com/about-us/) - [Contact Us](https://docutech.com/about-us/contact-us) - Let's Talk - Solutions - [Overview](https://www.docutech.com/solutions?hsLang=en) - [Document Solutions](https://www.docutech.com/solutions/document-solutions?hsLang=en) - [eClosing](https://www.docutech.com/solutions/eclosing?hsLang=en) - [Document Generation](https://www.docutech.com/solutions/document-generation?hsLang=en) - [Fulfillment](https://www.docutech.com/solutions/solutions-fulfillment?hsLang=en) - Resources - [Overview](https://www.docutech.com/resources?hsLang=en) - [Solution Briefs](https://www.docutech.com/resources/solution-briefs?hsLang=en) - [Request a Demo](https://www.docutech.com/docutech-request-a-demo?hsLang=en) - [Compliance](https://www.docutech.com/resources/compliance?hsLang=en) - [Blog](https://blog.docutech.com/) - Partners - [Overview](https://www.docutech.com/partners?hsLang=en) - About Us - [Overview](https://www.docutech.com/about-us?hsLang=en) - [Contact Us](https://www.docutech.com/about-us/contact-us?hsLang=en) # Document Updates: Borrower’s Income Verification COVID-19 Declaration (Cx23858) Apr 17, 2020 Topics: [Document Updates](https://compliance.docutech.com/tag/document-updates) Cx23858 was created due to client and investor demands for a document in which the borrower declares, at the time of Closing, that certain facts regarding their ability to repay a loan are still true and have not been negatively impacted (particularly in regards to the COVID-19 pandemic. We are noticing a demand from both clients and investors for additional language in this declaration regarding a borrower’s forbearance option under the Federal CARES Act (specifically, 15 U.S.C.A. § 9056). To meet this demand, we are adding the following points which the borrower declares that he/she/they understand(s): - That Federal law permits the borrower to request a forbearance in connection with a “federally backed mortgage loan”; - What a “federally backed mortgage loan” is (complete with a listing of the types of loans which meet the statutory definition); - That the current loan being extended to the borrower may or may not be a “federally backed mortgage loan”; - If the current loan is a “federally backed mortgage loan”, the borrower may have to wait a period after closing before requesting a forbearance, since it takes time for the loan to be sold to, insured or guaranteed by, certain investors and Federal Agencies (and thus to officially be a “federally backed mortgage loan”); - If the current loan is not a “federally backed mortgage loan”, the borrower cannot request a forbearance pursuant to the CARES Act; and - A bold and conspicuous statement that the forbearance is not a substitute for the borrower’s ability to repay the loan, along with a statement that the borrower is still required to eventually repay the amount of the forbearance. This new language will be added immediately. Questions or concerns about this change may be directed to Client Support at 1.800.497.3584. *DR 315189* [Return to Blog](https://compliance.docutech.com) ### Stay informed. --- Subscribe to emails to get notified when new content is published. ### Category / Topics [Document Updates](https://compliance.docutech.com/tag/document-updates) ### Recent Posts #### [Document Updates: Wyoming Notice and Explanation of Fee Increase (TRID)(Cx19752) and Wyoming Notice and Explanation of Fee Increase (Cx16634)](https://compliance.docutech.com/document-updates-wyoming-notice-and-explanation-of-fee-increase-tridcx19752-and-wyoming-notice-and-explanation-of-fee-increase-cx16634) Apr 17, 2020 #### [Document Updates: New Jersey Notarial Certificate](https://compliance.docutech.com/document-updates-new-jersey-notarial-certificate) Apr 17, 2020 #### [Document Updates: MD Loan Commitment (Cx4174) and MD Financing Agreement (Cx2171)](https://compliance.docutech.com/document-updates-md-loan-commitment-cx4174-and-md-financing-agreement-cx2171) Apr 17, 2020 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. Solutions - [Overview](https://docutech.com/solutions/) - [Document Solutions](https://docutech.com/solutions/document-solutions) - [eClosing](https://docutech.com/solutions/eclosing/) - [Document Generation](https://docutech.com/solutions/document-generation) - [Fulfillment](https://docutech.com/solutions/solutions-fulfillment) Resources - [Overview](https://docutech.com/resources/) - [Solution Briefs](https://docutech.com/resources/solution-briefs) - [Request a Demo](https://docutech.com/docutech-request-a-demo) - [Compliance](https://docutech.com/resources/compliance) - [Blog](https://blog.docutech.com) Partners - [Overview](https://docutech.com/partners/) About Us - [Overview](https://docutech.com/about-us/) - [Contact Us](https://docutech.com/about-us/contact-us) Connect - 1795 International Way Idaho Falls, ID 83402 - Toll Free  [800-497-3584](tel:+8004973584) - Office  [208-715-3186](tel:+2087153186) - Support  [Send a Message](https://docutech.atlassian.net/servicedesk/customer/user/login?destination=portals) --- - [Privacy Policy](https://www.firstam.com/privacy-policy/) - [Accessibility](https://www.firstam.com/accessibility/) - [Terms of Use](https://www.firstam.com/terms-of-use/) --- ©2023 First American Mortgage Solutions, LLC. All rights reserved. First American Mortgage Solutions, LLC, and its affiliates make no express or implied warranties respecting the information presented and assume no responsibility for errors or omissions. Title insurance and settlement services are provided by First American Title Insurance Company, an affiliate of First American Mortgage Solutions, LLC. First American, the eagle logo, firstam.com, CleanFile Solutions®, ConformX®, Docutech, the Docutech logo, FirstMod®, and Solex® are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates. MISMO® and SMART Doc® are trademarks of the Mortgage Industry Standards Maintenance Organization. MERS® is a trademark of MERSCORP Holdings, Inc., doing business as ICE Mortgage Technology. All rights reserved. Other products and services are or may be trademarks of their respective owners. References to third parties and their products and services are not intended to imply affiliation with or sponsorship of or by First American Financial Corporation and/or its affiliates. Do Not Sell or Share My Personal Information Back to top ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Abe Skousen", "url" : "https://compliance.docutech.com/author/abe-skousen" }, "dateModified" : "2026-07-24T23:22:27.898Z", "datePublished" : "2020-04-17T07:00:00.000Z", "headline" : "Document Updates: Borrower’s Income Verification COVID-19 Declaration (Cx23858)", "mainEntityOfPage" : { "@id" : "https://compliance.docutech.com/2020/04/17/document-updates-borrowers-income-verification-covid-19-declaration-cx23858", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://compliance.docutech.com/hubfs/Docutech_White_RGB-1.png" }, "name" : "First American Mortgage Solutions" } } ```