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Document Updates: North Carolina Deed of Trust Second (Cx494) & Tennessee Deed of Trust Second (Cx509)
Mar 26, 2025
After review, it was discovered in both Cx494 “NC Deed of Trust Second” and Cx509 “Tennessee Deed of Trust Second (Cx509)” that at the end of the ...
Topics: Document Updates
Document Update: Field Change on Interest Rate Reduction Refinancing Loan (IRRRL) Worksheet (Cx5535)
Mar 13, 2025
We are making an update to a field on our Interest Rate Reduction Refinancing Loan (IRRRL) Worksheet (Cx5535). Clients can choose to use financed ...
Topics: Document Updates
Questions About the Washington Loan Brokerage Agreement (Cx19136)
Feb 27, 2025
We have recently received questions about our Washington Loan Brokerage Agreement (Cx19136). This disclosure is provided pursuant to Wash. Rev. Code ...
Topics: Recent Articles
Document Updates: Field Updates to VA Form 26-1805 Request for Determination of Reasonable Value (Real Estate) (Cx14216)
Feb 18, 2025
Due to recent client requests, we have enhanced functionality in Cx14216, which is our copy of VA Form 26-1805 “Request for Determination of ...
Topics: Document Updates
New Document Creation: Section 184A – Warranty of Completion of Construction HUD-50110-A (Cx28157) and Section 184A – Loan Guarantee Firm Commitment Form HUD 50143A (Cx28166)
Feb 18, 2025
As announced here, we made some changes for Section 184/184A loans. We are adding some additional documents for Section 184/184A loans. According to ...
Topics: Document Updates
Document Updates: Illinois Land Trust Addendum to the Mortgage Note (Cx4937)
Feb 7, 2025
According to the signature requirements from Freddie Mac Seller Guide 5103.7(b)(i)(A), “[e]ach beneficiary of a Land Trust who is a Borrower must ...
Topics: Document Updates
Global Data Integrity Checks: Remove Freddie Mac Restriction from Cooperative Loan Warning
Feb 5, 2025
ConformX has the following global Data Integrity Error that fires in non-Closing packages:
Topics: Document Updates
Global Mapping Updates: Loan Has Tax Escrow (FI 61570)
Jan 17, 2025
Loan Has Tax Escrow (FI 61570) is used to designate that there is a tax item that is part of the escrow account on the loan. Recently the Loan Has ...
Topics: Document Updates
Global Data Integrity Checks: Section 184 Exclusion for Case Number Format
Jan 16, 2025
We have changed the logic on one of our Data Integrity Checks for FHA loans, specifically, the DI Check Warning that triggers the message:
Topics: Document Updates
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.
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