There are two statutes that authorize lenders in Kentucky; a general licensing statute for mortgage loan brokers and mortgage loan companies (found ...
Global Mapping Changes: 2024 Update to IRS Tax Return End Date Default Values
Apr 15, 2024
If the ConformX fields used to populate the “Year or period requested” sections of IRS Forms 4506-C “IVES Request for Transcript of Tax Return” and ...
Document Updates: Adjusted Timeline for Revised FHA Security Instruments and Notes
Apr 2, 2024
As previously announced, we have created a revised set of FHA security instruments and notes that are based on the 2021 (effective 2023) GSE forms. ...
Document Updates: Demographic Information Addendum (Cx20667 and Cx20787)
Mar 22, 2024
The Demographic Information Addendum (DIA) is provided to enable financial institutions to collect the disaggregated demographic information required ...
Document Updates: New Jersey Commitment Letter (Cx4479)
Mar 18, 2024
A coding error that left an orphaned asterisk at the end of the phrase “Monthly Payments of*” in the second column of the payments table has now been ...
Document Updates: Removal of Witness Lines on HELOC Mortgage – HI (Cx2411) and HELOC Deed of Trust – MT (Cx3027)
Mar 7, 2024
We are making some adjustments to our Cx2411 (HELOC Mortgage – HI) and Cx3027 (HELOC Deed of Trust – MT). Hawaii and Montana do not have requirements ...
Document Updates: Loan Purpose on the FHA Loan Underwriting and Transmittal Summary (Cx13513)
Jan 26, 2024
The FHA Loan Underwriting and Transmittal Summary is used to summarize key information utilized in the comprehensive risk assessment of the mortgage ...
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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