Update to the Programming of the Halcyon Consent Forms (HCF8821.MSC and HCF8821B.MSC) to revise the “years” fields to show 2022-2025 and a separate line for 2026-2028.
Update to Arizona Second Lien Deed of Trust-MERS (AZSEC.MZD) so that page 2 will check the Planned Unit Development Rider (PUD) box for PUD and SPUD.
Update the programming of the Massachusetts Mortgage Review Letter (MAMRL.MSC) to add a form feature to turn on eSign for the borrower to sign in the eSign console. Please reach out to customer service if you would like this feature turned on.
This is an ongoing project to create additional notary acknowledgment forms for each state, for notarizations done by a representative on behalf of another party. This update includes updates to Colorado (COLGL.ACK, COLTR.ACK, CORONLGL.ACK and CORONLTR.ACK), District of Colombia (DC.ACK, DCRON.ACK), Florida (FL.ACK, FLRON.ACK), Iowa (IA.ACK, IARON.ACK), Idaho (ID.ACK, IDRON.ACK), Illinois (IL.ACK, ILRON.ACK), Kansas (KS.ACK, KSRON.ACK), and Maine (ME.ACK, MERON.ACK).
New audit for maximum term to be 30 years on FHA loans. Sample Verbiage: The maximum mortgage term for FHA financing may not exceed 30 years. Please review loan term.
Florida HELOC Mortgage - MERS & Non-MERS (FLHESI.HLC &FLHESIM.HLC) added 2 additional lines of space on page 1, letter B, for borrower vesting to fit.
Update the applicability for the MN High-Cost Test to no longer include fees paid to Affiliate.
South Carolina Mortgage Broker Fee Agreement (SCMBFA.MSC) updated to make the signatures dynamic and add pages and update page numbers if extra pages are needed.
South Dakota Mortgage Broker Agreement (SDMBA.MSC) updated to add programing to Page 2 sections " Costs and Expenses”, " Liens Authorized by Borrower to be Paid", " Estimated Cash From/To Borrower at Closing”, and Page 4 section " Expiration Date of Agreement".
Update to the programming of the Rhode Island Tangible Net Benefit (RITNB.MSC) to check for Loan Purpose, Refinance Increase, and if the monthly payment has decreased.
MN ST 58.137