Guide Update 25-25
:  Property Check
Effective:
Property Check (Redline).pdf
Form 4636.TA (Redline).pdf

Primary Audience: Credit Underwriting and Asset Management

HIGHLIGHTS

Effective for all newly registered Mortgage Loans and Transfer/Assumptions as of February 2, 2026, you must use the:

 

  • Property Check application per the new Part II, Chapter 1: Attributes and Characteristics, Section 103: Property Check; and
  • updated Multifamily Asset Management Delegated Transaction: Transfer/Assumption (Form 4636.TA) for any Transfer/Assumption to confirm Property Check completion.

 

Primary Changes

When you register a Mortgage Loan or Transfer/Assumption, you must:

  • perform a Property Check search of the primary Property address(es); 
  • receive a "Based on the address entered, you may proceed processing the transaction involving this property." response for each address; 
  • comply with all confidentiality requirements; and
  • complete the Multifamily Asset Management Delegated Transaction: Transfer/Assumption (Form 4636.TA) for any Transfer/Assumption.

 

Questions

Please contact Mark Driscoll at (617) 345-8052, or [email protected], with any questions.