Cx14692 has historically been provided exclusively for VA and RD loans under the provisions of VA Circ. 26-10-01 & 26-10-9 and RD AN No. 4510 (1980-D), which, due to the combining of origination-type charges into Line 801 of the HUD-1 starting in 2010, required lenders to separately itemize such charges.
Since then, and with the advent of TRID in 2015, both VA and RD have issued statements indicating that a separate itemization is no longer required, particularly in connection with TRID loans because all such charges are itemized on the Closing Disclosure (see RD AN No. 4585 [1980-D] and VA Circ. 26-15-24 & 26-17-11). Nevertheless, due to the transition period with TRID’s implementation and high demand for the document, we continued to provide it as a generic document which prints for RD and VA loans where “Integrated Disclosure Loan Indicator” (FI 82233) equals “No”.
Because all loans guaranteed by the VA and RD which are supported in our system are subject to TRID, a separate HUD-1 is not required to print for them. Therefore, we will discontinue generic support for Cx14692. It will, however, be configured to print for clients and investors who currently have custom configurations.
These changes will take effect on May 9, 2020. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.