Configuration Changes: NY Interest Rate Lock Commitment (Cx3588) and NY Prevailing Interest Rate Commitment (Cx3710)
The NY Interest Rate Lock Commitment (Cx3588) is required under N.Y. Comp. Codes R. & Regs. tit. 3, §38.4(a) to be given in connection with a mortgage loan in which either the proceeds of the loan are used to purchase a dwelling or commitment fees or points are paid to the lender….