Clients who have not yet submitted any needed customizations to accurately disclose their ROV process in Cx27674 “Notice of Right to Request a Reconsideration of Value (ROV)” are asked to contact Docutech’s Client Support immediately in order to meet the go-live date of October 31, 2024.
Recently, a Questions and Answers document was published by FHA which may be useful in helping clients determine what customizations might be needed in Cx27674.
Docutech previously announced the creation of new generic document Cx27674. This is a customizable document, but Docutech has included generic default language in compliance with Fannie Mae Single Family Selling Guide B4-1.3-12, Freddie Mac Single Family Seller Servicer Guide 5604.4, and FHA Single Family Housing Policy Handbook 4000.1 II.A.3.a.ix.A & II.B.4.a.ii.H.1.
These changes are available for testing on Stage & Stage 2 servers and will take effect on October 31, 2024. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.