Document Update: MT Acknowledgment that Real Property is Not Exempt From Execution (Cx1412)
Jan 26, 2022
According to the instructions for the SSA-89, the form is required to be completed for each “reason for authoring consent.” The form has several choices that an SSN holder may select. In the context of a mortgage loan, the most obvious one is the “To apply for a mortgage” choice. However, since there are more choices that are available, multiple SSA-89’s may need to be completed if selected by the SSN holder. Also, if the SSN holder requests to modify the language on the form, lenders would need to create a manual process to accommodate the request.
First American Docutech has added language to the coversheet of our SSA-89 (Cx5579) to explain this potential requirement for a manual process.
This change will be in effect on February 1, 2022. If you have any questions of concerns, please contact Client Support at 1.800.497.3584
TW 372239
DR 363079
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.