Cx1327 “HELOC Mortgage – NY” has been modified to support the optional Beneficiary/Lender on Security Instrument Name and Address fields.
This update is a continuation of work that began last year which was announced on Docutech’s Compliance Blog (https://compliance.docutech.com/2024/06/14/document-updates-optional-beneficiary-lender-name-and-address-on-the-security-instrument) with the following description:
Beneficiary/Lender on Security Instrument Name (FI 294) and Beneficiary/Lender on Security Instrument Full Address (FI 15290, consisting of Address FI 296, City FI 293, State FI 295, and Zip FI 297) are optional fields available for use on most standard security instruments. When these optional Beneficiary/Lender fields are empty, the standard Lender fields Lender Name and Extension (FI 15360) and Lender Address [Full] (FI 15357, consisting of Address FI 1022, City FI 1031, State FI 1073, and Zip FI 1079) or Lender Mailing Address [Full] (FI 15358, consisting of Street FI 1042, City FI 1043, State FI 1044, and Zip FI 1045) will print on the security instrument by default.
These changes are available for testing on Stage & Stage 2 servers and will take effect on August 21, 2025. If you have any questions or concerns, please contact Client Support at 1.800.497.3584.
DR-191557
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.