Document Updates: MI Lock-in Agreement (Cx17192)

MI Lock-In Agreement (Cx17192) is provided in compliance with Mich. Comp. Laws Ann. § 445.1673(2), which requires that interest rate guarantee agreements be in writing. A section of Cx17192 specifies to whom the lock-in fee is payable. We have updated the code logic so that if FI 18205 (Lender is a Broker) is marked “Yes,” the broker’s name will be printed; otherwise, the lender’s name will be displayed.

These changes are available for testing on Stage & Stage 2 servers and will take effect on November 13, 2025. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.

DR-201735
COM-6799

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.