Guide Update 23-06
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Form 1055
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HIGHLIGHTS |
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Effective for all Mortgage Loans as of April 20, 2023, the Multifamily Authorization for Automatic Transfer of Funds (Form 1055) will be retired. |
Primary Changes
Updated Part V, Chapter 2: Reporting and Remitting, Section 213: Prepayment Premium Sharing to retire the Multifamily Authorization for Automatic Transfer of Funds (Form 1055).
Questions
Please contact Jim Hull at [email protected] with any questions.