Guide Update 21-07
:
Mortgage Loan Document eDelivery
HIGHLIGHTS |
Required for all Mortgage Loans Committed on or after July 1, 2021, and optional for all other Mortgage Loans, Part IV, Chapter 4: Delivery was updated to reorganize and clarify Mortgage Loan Delivery and Loan Documentation Requirements by requiring you to:
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Primary Changes
- Reorganized Part IV, Chapter 4: Delivery, Section 402.01: Data and Documents to require all document submissions be Delivered per Form 6502.
- Revised Form 6000 to delete Loan Documents used for Additional Escrow Reserves.
- Revised Form 6502 to:
- add new Delivery Requirements/Guidelines, including specifying when physical or electronic copies are required;
- remove check boxes in the “Loan Attributes” section; and
- update delivery requirements for specific Mortgage Loans, including deleting Loan Documents used for Additional Escrow Reserves.
Questions
Please contact Chester Hetkowski at (703) 833-1974, or [email protected], with any questions.