Document Updates: NE Net Tangible Benefit Disclosure (Cx29105)

We have updated the logic used to populate the Removal or Addition of Insurance Product line on the NE Net Tangible Benefit Disclosure form (Cx29105). We have previously interpreted this section as applying to Mortgage Insurance (MI), which aligns with the net tangible benefit analysis because the removal of MI may provide a borrower benefit.

The logic will now evaluate both the previous loan's Mortgage Insurance amount and the new loan's Mortgage Insurance amount using a mirrored comparison:

• If Mortgage Insurance existed on the previous loan (Field 141164 – Previous Loan Mortgage Insurance Monthly Amount) and does not exist on the new loan (Field 1118 – Mortgage Insurance Escrow Monthly Amount), the system will populate "Removal" in the NEW LOAN column.
• If Mortgage Insurance did not exist on the previous loan and does exist on the new loan, the system will populate "Addition" in the NEW LOAN column.
• If neither condition is met, the Removal or Addition of Insurance Product field will remain blank.

This update ensures the field accurately reflects changes in Mortgage Insurance between the previous and new loan and provides a consistent approach when identifying the addition or removal of an insurance product.

These changes are available for testing on Stage & Stage 2 servers and will take effect on July 23, 2026. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.

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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.