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Global Mapping Updates: Loan Has Tax Escrow (FI 61570)

Jan 17, 2025

Loan Has Tax Escrow (FI 61570) is used to designate that there is a tax item that is part of the escrow account on the loan. Recently the Loan Has ...

Topics: Document Updates

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Global Data Integrity Checks: Section 184 Exclusion for Case Number Format

Jan 16, 2025

We have changed the logic on one of our Data Integrity Checks for FHA loans, specifically, the DI Check Warning that triggers the message:

Topics: Document Updates

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New Document Creation: VI Final Financing Agreement Cx28078

Jan 16, 2025

We have created a new document for loans originating in the Virgin Islands. 9 V.I.C. 373 lays out the Virgin Islands’ requirements for a financing ...

Topics: Document Updates

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Document Updates: Puerto Rico Recordable Documents Print in Legal Size

Jan 16, 2025

4 L.P.R.A. § 2055 states: “Public notarial documents shall be written on sheets of paper or folios fourteen inches (14) long by eight and a half ...

Topics: Document Updates

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Document Updates: Retirement of Kansas High LTV Consumer Notice (Cx1595)

Jan 15, 2025

We previously announced mapping adjustments due to Kansas updating the KS Uniform Consumer Credit Code. We have further reviewed the updates and ...

Topics: Document Updates

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Compliance Alert: CFPB Publishes final rules on PACE transactions

Jan 10, 2025

The CFPB has published finalized rules on Residential Property Assessed Clean Energy (PACE) transactions. The published rules and other resources can ...

Topics: In the News, Compliance News Alert

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Document Updates: Lender’s Certification of Veteran Alive at Time of Closing (Cx16760)

Jan 10, 2025

VA Lenders Handbook M26-7, Chapter 9, Topic 8(c) states: “The lender must always verify that the Veteran is alive at the time of loan closing.”

Topics: Document Updates

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Global Mappings and Document Updates: Illinois Mortgage Escrow Account Act

Jan 7, 2025

Documents related to the Illinois Mortgage Escrow Account Act in ConformX are required to be provided if the mortgage is not FHA-insured or ...

Topics: Document Updates

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Document Updates: 2025 HELOC Historical Table on HELOC Important Terms (Cx21651)

Jan 7, 2025

Our standard HELOC Important Terms document (Cx21651) has a table that shows how the Annual Percentage Rate and the minimum monthly payments for a ...

Topics: Document Updates

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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.

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