Document Updates: “Non-Permanent Resident Alien” Selection on 1003 Uniform Residential Loan Application 1/2021 (Cx20667 and Cx20668)
Nov 12, 2025
New York law does not indicate a specific number of days for a borrower to cure a mortgage default. However, since 1996, the language in the Fannie Mae/Freddie Mac First Lien Uniform Instrument for New York shows the number of days for a borrower to cure a default to be at least 30 days from the date on which the notice of default is given.
See 1 Bergman on New York Mortgage Foreclosures § 4.04A.
For consistency between documents, Docutech has updated Paragraph 20(B)(iii) in Cx501 “NY Mortgage Second” to reflect a 30-day cure instead of a 10-day cure.
These changes are available for testing on Stage & Stage 2 servers and will take effect on November 19, 2025. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584.
COM-6782
DR-201331
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.
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.