Compliance Docutech

Document Updates: AZ HELOC Deed of Trust (Cx1374), DC HELOC Deed of Trust (Cx2167), and NJ HELOC Mortgage (Cx1359)

Written by Tambree Knight | Jan 25, 2024 5:59:16 PM

We have made updates to three HELOC security instruments.

Cx1374 AZ HELOC Deed of Trust – We have added a paragraph to indicate MERS is the nominee for the Lender when MERS is named as the mortgagee of record.  This language is consistent with the FNMA uniform instrument instructions for first liens.

Cx2167 HELOC Deed of Trust – DC & Cx1359 HELOC Mortgage – NJ – We have revised several internal document references to be consistent with the security instrument type (i.e., Deed of Trust or Mortgage).

These updates are available for testing on Stage and Stage 2 Servers and will take effect on February 1, 2024. Please direct questions to Client Support at 800.467.3584.

DR-148056

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.