Compliance Docutech

Document Updates: Retirement of Colorado Tangible Net Benefit Disclosure (Cx12873)

Written by Fred Gooch | Sep 23, 2025 5:10:07 PM

On July 16, 2025, the Colorado Board of Mortgage Loan Originators held a Regular Meeting and Rule-Making Hearing regarding Chapter 5: Professional Standards of the Rules Governing Mortgage Loan Originators found at 4 CCR 725-3.

The Board voted to repeal Rules 5.7 and 5.8 which means that Mortgage Loan Originators are no longer required to provide the Tangible Net Benefit Disclosure Form to consumers. The model form will be removed from the Colorado Division of Real Estate website when the new rules take effect on September 30, 2025.

As such, Docutech is retiring Cx12873 “CO Tangible Net Benefit Disclosure”. Cx12873 will continue to print for clients with custom configurations.

These changes are available for testing on Stage & Stage 2 servers and will take effect on September 30, 2025. If you have any questions or concerns, please contact Client Support at 1.800.497.3584.

LEG-3222
DR-197446

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.