Document Updates: “Non-Permanent Resident Alien” Selection on 1003 Uniform Residential Loan Application 1/2021 (Cx20667 and Cx20668)
Aug 28, 2024
In November of 2023, the Idaho Department of Finance issued a notice of rulemaking that would no longer require lenders to disclose to the borrower the services that will be provided to the borrower. If the rulemaking became effective, the rule (IDAPA 12.01.10.050(1)) would be completely removed. However, the rulemaking would only become effective upon the adjournment of the Second Regular Session of the Sixty -seventh Idaho Legislature after approval. The Legislature approved the rulemaking and adjourned on August 1, 2024. Accordingly, as there is no longer a requirement for Cx2688 (ID Mortgage Banker Application) we will be retiring this document from our generic offerings.
These changes are on Stage 1 and Stage 2 servers and will be in effect on September 4, 2024. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.
DR-154218
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.