Document Updates: Update of Social Security Consent for Release of Information (Cx16668)
Jan 26, 2021
The recent release of Solex updated the platform past the capabilities of Internet Explorer. It is no longer a supported browser, and Solex will pop-up an error if signers attempt to use it. The default consent language is being updated to remove “Internet Explorer 9 or later” as a supported web browser.
The new Consent to Receive Electronic Loan Documents language will appear as follows:
“Federal and State law require that you be provided various disclosures, records, notifications, and documents (“Loan Documents”) over the course of this specific loan transaction. You have the option of receiving these Loan Documents either physically or electronically. In order to receive, view, and/or sign these Loan Documents electronically, you must understand and consent to the following terms and conditions:
The following are the minimum computer software and hardware requirements necessary to access/receive and retain Loan Documents electronically:
Your consent only applies to Loan Documents associated with this specific loan transaction, and this consent does not apply to any other subsequent loan transaction(s).
By accepting, you certify that you understand these requirements, and you consent to the electronic delivery of Loan Documents.
By declining, you certify that you are declining electronic delivery of Loan Documents and would rather have them delivered in paper form.”
These updates will take effect December 16, 2020. If you have any questions or concerns about this update, please contact Client Support at 1.800.497.3584.
TW 324902
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.