We have made updates to Cx16043 Wisconsin Explanation of Personal Obligation. This document is provided pursuant to Wis. Rev. Stat. 422.305(1) and is only required if each borrower does not receive their own copy of each instrument, document, agreement and contract. This document is set to print generically on most loans in Wisconsin. Previously when it printed, it would have a signature for borrowers 2, 3, 4, etc. but not borrower 1. This caused instances where the document would print without a signature line for single-borrower loans. We have updated the document to add a signature line for borrower 1 in all circumstances, ensuring the document never prints without a signature line.
These changes are available for testing on Stage 1 & Stage 2 servers and will take effect on August 2, 2024. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.
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