--- title: "Document Updates: Changes to Loan Modification Agreement (Cx10515), (Cx1701), (Cx4888) & (Cx10514)" description: Join the First American network of trusted title agents with comprehensive tools and resources. --- - Solutions - [Overview](https://docutech.com/solutions/) - [Document Solutions](https://docutech.com/solutions/document-solutions) - [eClosing](https://docutech.com/solutions/eclosing/) - [Document Generation](https://docutech.com/solutions/document-generation) - [Fulfillment](https://docutech.com/solutions/solutions-fulfillment) - Resources - [Overview](https://docutech.com/resources/) - [Solution Briefs](https://docutech.com/resources/solution-briefs) - [Request a Demo](https://docutech.com/docutech-request-a-demo) - [Compliance](https://docutech.com/resources/compliance) - [Blog](https://blog.docutech.com) - Partners - [Overview](https://docutech.com/partners/) - About Us - [Overview](https://docutech.com/about-us/) - [Contact Us](https://docutech.com/about-us/contact-us) - Let's Talk - Solutions - [Overview](https://www.docutech.com/solutions?hsLang=en) - [Document Solutions](https://www.docutech.com/solutions/document-solutions?hsLang=en) - [eClosing](https://www.docutech.com/solutions/eclosing?hsLang=en) - [Document Generation](https://www.docutech.com/solutions/document-generation?hsLang=en) - [Fulfillment](https://www.docutech.com/solutions/solutions-fulfillment?hsLang=en) - Resources - [Overview](https://www.docutech.com/resources?hsLang=en) - [Solution Briefs](https://www.docutech.com/resources/solution-briefs?hsLang=en) - [Request a Demo](https://www.docutech.com/docutech-request-a-demo?hsLang=en) - [Compliance](https://www.docutech.com/resources/compliance?hsLang=en) - [Blog](https://blog.docutech.com/) - Partners - [Overview](https://www.docutech.com/partners?hsLang=en) - About Us - [Overview](https://www.docutech.com/about-us?hsLang=en) - [Contact Us](https://www.docutech.com/about-us/contact-us?hsLang=en) # Document Updates: Changes to Loan Modification Agreement (Cx10515), (Cx1701), (Cx4888) & (Cx10514) May 14, 2024 Topics: [Document Updates](https://compliance.docutech.com/tag/document-updates) Fannie Mae has [updated their instructions](https://singlefamily.fanniemae.com/media/38426/display) for the Loan Modification Agreement (Form 3179). These changes include the required inclusion of two new provisions for mortgage loans secured by property in New York and updated provisions related to MERS. The new paragraphs for the New York version of this document are required by New York General Obligations Law § 17-105, entitled Promises and Waivers Affecting the Time Limited for Action to Foreclose a Mortgage and will print by default when a Loan Modification Agreement is printed for New York. The updated provisions to MERS include the option to populate Grantee as MERS reference type in the first paragraph when the Deed Type selected is Security Deed. Previously the options were Beneficiary if Deed of Trust was selected, otherwise it defaulted to Mortgagee. We have added this functionality to the first paragraph when MERS is selected as well as paragraph 5(g). While these instructions were updated only for Fannie Mae’s Fixed Loan Modification Agreement (FNMA Form 3179), we have made the same changes to our ARM Loan Modification Agreements (FNMA Form 3161) for consistency and compliance with state laws. The changes are available for testing on Stage & Stage 2 servers and will take effect on May 21, 2024. If you have any questions or concerns, please contact Client Support at 1.800.497.3584. *COM-4607 DR-150180* ###### 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. [Return to Blog](https://compliance.docutech.com) ### Stay informed. --- Subscribe to emails to get notified when new content is published. ### Category / Topics [Document Updates](https://compliance.docutech.com/tag/document-updates) ### Recent Posts #### [Document Updates: Washington Foreclosure Prevention Fee Disclosure (Cx28412)](https://compliance.docutech.com/document-updates-washington-foreclosure-prevention-fee-disclosure-cx28412-1) May 14, 2024 #### [Document Updates: New Nebraska Net Tangible Benefit Disclosure (Cx29105)](https://compliance.docutech.com/document-updates-new-nebraska-net-tangible-benefit-disclosure-cx29105) May 14, 2024 #### [Document Updates: Request for a Certificate of Eligibility for VA Home Loan Benefits (Cx26687)](https://compliance.docutech.com/document-updates-request-for-a-certificate-of-eligibility-for-va-home-loan-benefits-cx26687) May 14, 2024 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. 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All rights reserved. First American Mortgage Solutions, LLC, and its affiliates make no express or implied warranties respecting the information presented and assume no responsibility for errors or omissions. Title insurance and settlement services are provided by First American Title Insurance Company, an affiliate of First American Mortgage Solutions, LLC. First American, the eagle logo, firstam.com, CleanFile Solutions®, ConformX®, Docutech, the Docutech logo, FirstMod®, and Solex® are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates. MISMO® and SMART Doc® are trademarks of the Mortgage Industry Standards Maintenance Organization. MERS® is a trademark of MERSCORP Holdings, Inc., doing business as ICE Mortgage Technology. All rights reserved. Other products and services are or may be trademarks of their respective owners. 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