Document Updates: “Non-Permanent Resident Alien” Selection on 1003 Uniform Residential Loan Application 1/2021 (Cx20667 and Cx20668)
Jan 24, 2024
The “Certificate of Foreign Status” (our Cx7938) is used for foreign persons that have amounts that are subject to US tax withholding. Part I of the form is for the identification of the Beneficial Owner of the amounts. Number 2 of Part I is a box for the “Country of citizenship”. We are updating this box to utilize the “Borrower [x] Country of Citizenship” field series (e.g. FI 149478) on a generic basis. Clients may need to test to ensure that the field mappings are working as intended.
These changes are available for testing on Stage and Stage 2 servers and will take effect on January 31, 2024. If you have any questions or concerns, please contact Client Support at 1.800.497.3584.
DR-148063
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.
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.