Document Updates: SC Tangible Benefit Worksheet Logic Update (Cx2889)

We have updated the logic tied to one of the checkboxes on Cx2889. We are changing the field associated with the checkbox for “There is a beneficial change for the Borrower in the duration of the loan.” to Field 121766 “Net Tangible Benefit – Beneficial Change in Duration of Loan”. If FI 121766 is equal to “yes”, the checkbox for section “There is a beneficial change for the Borrower in the duration of the loan.” will now be checked.

This change is available for testing on Stage & Stage 2 servers and will take effect on February 11, 2025. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.

COM-5719
DR-171079

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.