Document Updates: Notary Acknowledgments on FNMA Construction and Renovation Riders and Agreements

All post-2021 first lien closed end standard security instruments in ConformX share the same logic in the notary acknowledgment area. This notary acknowledgment coding prints different text and content on the security instrument based on Property State (FI 1714) and Security Instrument Notary Type of Presence (FI 137249).

The standard Fannie Mae Construction and Renovation Riders and Agreements have been modified to utilize this same updated technology. This update will allow for consistency between the standard sets of forms, as well as provide the latest Remote Online Notarization (RON) and In-Person Electronic Notarization (IPEN) support. A similar change was made to our standard HELOC and Second Lien documents, as announced here. Since the individuals signing the Agreements are the same as those following the Notes, the individuals and their capacities in the notary block have been modified to reflect the signatures (i.e., non-purchasing entities will not sign the document and will not be listed in the notary block for the Agreements).

The following documents have been modified to activate this notary acknowledgment coding:

• Cx22294 3732 FNMA Renovation Loan Rider to Security Instrument
• Cx22295 3731 FNMA Renovation Loan Agreement
• Cx22651 3735 FNMA Construction Loan Agreement
• Cx22653 3737 FNMA Construction Loan Rider to Security Instrument

These changes are available immediately. If you have any questions or concerns, please contact Client Support at 1.800.497.3584.

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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.