109.03.8 Exhibit 8-S. Form of Notice of Sale to Servicer.
AR ADC 109.03.8 Exhibit 8-SArkansas Administrative Code
Ark. Admin. Code 109.03.8 Exhibit 8-S
109.03.8 Exhibit 8-S. Form of Notice of Sale to Servicer.
EXHIBIT 8-S
FORM OF NOTICE OF SALE TO SERVICER
Dear Borrower:
As required by Section 6 of the Real Estate Settlement Procedure Act (RESPA) (12 U.S.C. Section 2605), you are hereby notified that the servicing of your Mortgage Loan, that is, the right to collect payments from you, is being transferred from __________ to U.S. Bank Home Mortgage effective 15 days from the date of this letter.
The transfer of servicing of your Mortgage Loan does not affect any term or condition of the mortgage instruments other than terms directly related to the servicing of your loan. Except in limited circumstances, the law requires that your present servicer send you this notice at least 15 days before the effective date or at closing. Your new servicer must also send you this notice no later than 15 days after this effective date or at Closing.
If you have any questions relating to the transfer of servicing from your present servicer, please call __________, between the hours of __________, Monday through Friday. __________ will forward any payments received on your loan to U.S. Bank Home Mortgage.
Your new servicer will be U.S. Bank Home Mortgage. Their business address is 17500 Rockside Road, Bedford, Ohio 44146. Call them at 1-800-240-7890 with any questions relating to the transfer of servicing between the hours of 8:00 AM and 400 PM. U.S. Bank Home Mortgage will begin accepting your payments immediately.
If you have not received new payment statement from U.S. Bank Home Mortgage before your next payment due date, you should forward you check to:
U.S. Bank Home Mortgage
P.O. Box 790415
St. Louis, MO 63179-0415
You should be aware of the following information, which is set out in more detail in Section 6 of RESPA:
During the 60-day period following the effective date of the transfer of the loan servicing, a loan payment received by your old servicer before its due date may not be treated by the new loan servicer as late, and a late fee may not be imposed on you.
Section 6 RESPA gives you certain consumer rights. If you send a “qualified written request” to your loan servicer concerning the servicing of your loan, your servicer must provide you with a written notice of acknowledgement within 20 business days of receipt of your request. A “qualified written request” is a written correspondence other than notice on a payment statement or other payment medium supplied by the servicer, which includes your name and account number and your reasons for the request. Not later than 60 business days after receiving your request, your servicer must make any appropriate corrections to your account and must provide you with a written notification regarding any dispute. During this 60-day period, your servicer may not provide information to a consumer reporting agency concerning any overdue payment related to such period or qualified written request.
Section 6 RESPA also provides for damages and costs for individuals or classes of individuals in circumstances where servicers are shown to have violated the requirements of that section. You should seek legal advice if you believe your rights have been violated.
Sincerely,
__________
DELIVERY AND FUNDING GUIDE
INTRODUCTION
General Information
The following instructions are applicable to FHA, VA, RD, and Conventional bond mortgage loans to be sold to U.S. Bank Home Mortgage (USBHM). All loans will close in the name of the Originating Lenders. The mortgage loans must be readily marketable to prudent investors in the secondary mortgage market. In addition to these instructions, Originating Lenders must comply with individual loan conditions as set forth by the Department of HUD (FHA), the Department of Veterans Affairs (VA), the U.S. Dept of Agriculture (RHS or RD), Fannie Mae, FHLMC (Federal Home Loan Mortgage Corporation aka Freddie Mac), GNMA (Government National Mortgage Association aka Ginnie Mae), U.S. Bank Home Mortgage, and all conditions as set forth in the bond origination documents.
Originating Lenders are responsible for full compliance with the Real Estate Settlement Procedures Act (RESPA), Federal Truth-in-Lending Law, and with supplying USBHM with the correct information to comply with the Home Mortgage Disclosure Act.
Originating Lenders will be responsible for the proper preparation and execution of all legal documents including but not limited to the closing statements, HUD-1 forms and Truth-in-Lending forms.
A complete closed loan package must be received in fundable condition by the Program deadline date for delivery of the loan file for purchase. If the loan being delivered is seasoned (90 days old), the closing loan package must include the original recorded Security Instrument, final Title Policy, original recorded Assignment(s) of Mortgage, if applicable, evidence of insurance on FHA/VA loans, and the original LNG (Loan Note Guaranty - RHS loans). The loan will not be considered eligible for purchase until these documents are provided.
If the loan has exceptions, which prevent immediate purchase, you will receive an individual letter regarding the items/documents needed as well as a stated time to clear the exceptions. Weekly reports of all loans with exceptions will be faxed to the Originating Lender. Failure to clear loans for purchase within the stated timeframe may result in the assessment of penalties or the return of the loan file to your institution.
Second Mortgages
US Bank MUST approve any type of secondary financing used in conjunction with the first mortgage. Lenders must provide US Bank with the following information for all forms of secondary financing:
* All 2nd mortgage loans must be clearly identified on both the 1003 and HUD-1. For assistance/grant programs, US Bank must be provided with a program description.
2. U.S. Bank Home Mortgage Loan Number is the permanent Servicer loan number. It is to be used on all forms and correspondence given to the Mortgagor(s) at closing. The loan number will be assigned when the loan information is registered either via McWeb, by the Housing Agency, or by direct lock-in (check program guidelines for registration procedures). This is N/A of programs where a disk is used for loan delivery.
Loan packages must be sent via overnight delivery to the following address:
U.S. Bank Home Mortgage |
17500 Rockside Road |
Bedford, Ohio 44146 |
Attn: MRBP Operations Department |
3. The Purchase/Review Contact Information sheet should be completed and submitted to USBHM immediately (See FORMS section). The office or department responsible for shipping the closed loans to USBHM should supply the information for “Contacts for Purchase/Review”. If you currently participate in other programs being serviced by USBHM, and/or if you have personnel changes that affect this information at any time during the programs, please make sure to send the updated information to us immediately so that we have the most current contact information. Please note that wiring instructions for the wiring of funds for the purchase of loans are included on this form. Because the wiring instructions are computer-coded by USBHM when initially received from you, should your wiring instructions change at any time USBHM must be notified. Indicate the new information by correcting the old information on the “Purchase/Review” form and mark it “CORRECTION”. U.S. Bank Home Mortgage will not be responsible for the incorrect wiring of funds if a notification was not sent to us. NOTE* U.S. Bank Home Mortgage will wire funds to only one bank. Multiple warehouse banks cannot be accommodated.
Please follow these instructions:
• All documents must be complete and correct.
• White-outs are not acceptable.
• Strike-outs must be initialed by the appropriate party.
• Holes cannot be punched through recording information.
• Information in any one document must agree with the information in all other documents.
• All signatures must be identical to the printed or typed name.
• All certified copies must be an original certification with original signatures of initials.
• Certified copies of recorded documents (Assignments) must say “certified copy of the original document that has been sent for recordation”.
In addition to the above listed, please follow these requirements on all Bond Program Affidavits:
• Mortgage Loan files submitted to the Servicer must contain signed original affidavits.
• Blanks must be completed (enter “N/A” if not applicable to that loan).
• The individuals signing the affidavits must initial any corrections or changes.
• Use of BLUE PEN on documents is preferred. Pencil is not acceptable.
This section is to clarify the funding documentation requirements for most loans. The documentation mentioned herein may not necessarily fulfill all requirements for all loans submitted to U.S. Bank Home Mortgage for purchase. U.S. Bank Home Mortgage reserves the right to require additional documentation needed to enhance a loan file on the case-by-case basis. Please ensure that each document submitted is properly completed and correct.
Pay to the Order of:
U.S. Bank N.A.
Without Recourse
By: __________ (signature)
XYZ Mortgage Corporation (full legal name)
John Doe, Vice President (typed name & title)
If an original note needs to be returned to you for any reason, it will be sent by overnight mail at your expense. When corrected, it is to be returned by overnight mail. If the note comes from your bank with a bailee letter, it will be returned to your bank.
__________
Jane Doe By John Doe. Her Attorney-in Fact
The signature could be: “Jane Doe by John Doe, Her Attorney-in Fact”, “John Doe, Attorney-in Fact for Jane Doe: or John Doe”. The manner of signing must be legally acceptable according to state guidelines and must clearly show the signer to be the one authorized to sign for the other specifically named individual.
ASSIGNMENT OPTIONS:
MERS (Mortgage Electronic Registration System): USBHM is a member of MERS. MERS is an electronic registration system that tracks the ownership and servicing rights of a loan. If you are a member of MERS, USBHM will accept your MOM (MERS as Original Mortgagee) documents. If you are not a MERS member, you will need to close the loan using the customary mortgage forms and assignments.
When you are MERS ready and will be shipping your first MOM loan, U.S. Bank Home Mortgage will need your Organization ID number (ORG ID) and the name and phone number of a contact person. A MERS Contact Sheet is provided for your use (See FORMS section). USBHM's system must be updated with your ID number and a lack of notification could result in a purchase delay.
If MOM documents have been used, please do not include copies of any assignments in the loan file that is shipped to us, as they are unnecessary. If you are a member using a customary mortgage form, but will be registering the loan with MERS, a copy of the assignment to MERS must be included in the shipped loan file. U.S. Bank Home Mortgage requires that the Beneficial and Servicing Rights be transferred to us within ten (10) business days of purchase.
i. U.S. Bank N.A. is the beneficiary of the Assignment. Assignment should made to Mortgage Electronic Registrations System, Inc P.O. Box 2026, Flint, Michigan 48501-2026, its successors and assigns as nominee for U.S. Bank N.A., its successors and assigns, The mortgage identification number (MIN) and the MERS telephone number 1-888-679-6377 must appear on the first page of the assignment.
Check HUD I:
9. All loans must have adequate reserves deposited with the lender. Conventional loans with loan-to-value (LTV) below 80.00% may or may not reflect reserves. Requests for an escrow waiver on loans with an LTV below 80% will be reviewed on a case-by-case basis and will be subject to a .25 price adjustment at loan funding. Adequate reserves for taxes/insurance, etc. must be shown to have been collected to insure there are sufficient funds available to pay the next installment when due.
a) A buy down is a financial incentive offered by the seller (frequently also the builder) to a buyer, which enables the buyer to reduce the mortgage payment in the early stages of the loan. This may also allow the borrower to more easily qualify for the loan. The buydown funds are held by U.S. Bank Home Mortgage and are used to supplement the borrowers payment.
Check for these items on the title commitment:
Check the following items:
All files must contain a Life of Loan Flood certification from an outside third party.
U.S. Bank Home Mortgage requires an insurance policy or binder (if in a binder state) with a paid receipt for one year. Please check for the following:
U.S. BANK N.A. its successors and or assigns as their interest may appear.
c/o U.S. Bank Home Mortgage
P.O. Box 7298
Springfield, OH 45501-7298
• Acceptable Evidence of Payment of Hazard Insurance
(Note: Loans on properties in a non-participating community, which is in a flood zone, will
NOT be eligible for purchase
U.S. BANK N.A., its successors and/or assigns as their interest may appear.
c/o U.S. Bank Home Mortgage
P.O. Box 7298
Springfield, OH 45501-7298
• Acceptable Evidence of Payment of Flood Insurance
U.S. Bank Home Mortgage requires Private Mortgage Insurance (PMI) on all Conventional Mortgage Loans with a Loan-To-Value (LTV) in excess of 80.00%.
Please review the following:
* Acceptable Private Mortgage Insurance Companies
GEMICO | RADIAN | UGI |
RMIC | MGIC | PMI |
One-time MI premiums offered by some mortgage insurance companies are acceptable provided that total LTV doesn't exceed 90% including MI premiums. Any program LTV limitation would take precedence on Fixed Rate Purchases and Fixed Rate Refis.
The monthly MI premium plan is acceptable for all loan programs requiring mortgage insurance. The monthly premium plan is currently available through all the approved primary MI companies (see above). Two month's premiums must be collected at closing and non-refundable premium rates should be used. Check with your local MI company representative to make sure the program is available in your area.
U.S. Bank Home Mortgage requires full MI coverage per Fannie Mae/FHLMC requirements and will not accept reduced MI coverage.
* New HMDA requirements must be followed.
Check the following items:
Federal regulations require us to have in each loan transaction, verification of the social security numbers for each borrower. The completed W-9 form signed by all mortgagors satisfies this requirement. The form is to be completed with the name, mailing address and social security number of the mortgagor. Each W-9 form must be signed and dated.
U.S. Bank Home Mortgage requires IRS Form 4506 to be executed by the borrower(s) on any loan that is underwritten using alternative documentation (virtually all LP or DU approvals). A signed Form 4506 must accompany all packages submitted for validation of underwriting approval. Also, a Form 4506 will be required on all loans for which tax returns have been obtained, including self-employed borrowers. An additional Form 4506 must be executed at time of loan closing and submitted with the closed loan package.
All fees considered finance charges must be include in the calculation of the total finance charge and the APR. Any finance charges paid by the borrower outside closing must be included in the calculations. Any finance charges paid by the seller or another third party should not be included in the calculation. If the seller is paying a pre-determined amount of the borrower's closing costs, all fees that are not finance charges should be paid first before applying the seller credit to any of the finance charges. *Please note that the INITIAL TIL must be dated within three (3) days of application.
The notice to the mortgagor advising them of the actual transfer of servicing must contain the required RESPA information. The Cranston Gonzales Act requires the borrower(s) to receive notification at least fifteen (15) days prior to the effective date of the transfer. U.S.
Bank Home Mortgage suggests using the Notice of Assignment, Sale or Transfer of Servicing Right form when notifying the borrower(s) that the loan has been sold to U.S. Bank Home Mortgage. Any equivalent type of “Good-bye” letter is acceptable as long as it has all the required information. This disclosure must provide the borrowers with the name of the new servicer, the address and toll-free phone number:
U.S. Bank Home Mortgage
17500 Rockside Road
Bedford, OH 44146
1-800 240-7890
Originating Lenders will be responsible for collection of the appropriate amount of taxes and insurance.
The “Aggregate Method” of calculation must be used for establishing escrow accounts. It can be defined as the accounting method a lender or bank uses in computing the sufficiency of the escrow account funds by analyzing the account as a whole. Originating Lenders are responsible for collecting the correct amount of escrows at closing. If insufficient funds are collected at closing U.S. Bank Home Mortgage will require the Originating Lender to correct the shortage in addition to providing the borrower with a re-disclosed initial escrow account statement. The shortage must be corrected prior to purchase by U.S. Bank Home Mortgage.
* Please note that U.S. Bank Home Mortgage will not fund loans with negative escrow.
The Aggregate Accounting Adjustment reflected on lines 1006-1008 of the HUD-1 must always be a negative number (credit) or zero. If your calculations result in a positive number (greater than zero), you should re-check your calculations.
However, if your calculations are correct. You can only reflect a zero (0) for the Aggregate Accounting Adjustment on the HUD-1. The regulation does not permit a positive charge on the HUD-1. Keep in mind that you cannot collect the positive charge Aggregate Accounting Adjustment shown in your calculation.
All loans must be closed with the monthly payments coming due on the first day of each month. Therefore, the first payment should be set so the borrower, when making the first payment, will pay an entire month's interest. First payment dates cannot exceed 61 days from the date of disbursement.
Example: Closing date is May 1st- First payment is June 1st. The borrower would pay May's interest with the June payment
Closing date is May 2nd-First Payment is July 1st. The borrower would pay interest from May 2nd to May 31st at closing; June's interest would be paid with the first payment.
U.S. Bank Home Mortgage will allow other time frames to be considered on a case-by-case basis.
Per Diem is calculated on 365-day basis.
If your Notes are delivered directly to us from your Warehouse Bank, they must be delivered in identifiable form. Please instruct your Warehouse Bank to attach the Note to a cover sheet, which reflects the identifying U.S. Bank Home Mortgage loan number, borrower's name and the property address. This will enable us to quickly match the Note with the corresponding closed loan package. Please make your bank aware that it is critical that the Note be delivered to the following address:
U.S. Bank Home Mortgage
17500 Rockside Road
Bedford, OH 44146
Attn: MRBP Bond Operations
Loans which are not in a fundable condition must be perfected within 30 days of notification by USBHM to Originating Lender.
A copy of the Exception Notice must be attached to all documentation sent to U.S. Bank Home Mortgage to clear a suspended loan.
Following receipt of a complete closed loan package or the exception items needed for purchase. U.S. Bank Home Mortgage will wire funds according to the provided wire instructions. You will receive a faxed confirmation detailing the purchase transaction on the day the funds are wired. To ensure that the proceeds from the purchase are wired to the correct warehouse bank, wiring instructions must be enclosed in each closed loan package. The instructions must include the borrower's first and last name along with the correct wire instructions.
Interest paid-to-date will be calculated by U.S. Bank Home Mortgage on a 360-day calendar year.
Any loan purchased between the 16th and the last day of the month, where the first payment is due the following month, will be funded at an amortized balance. It will be the Originating Lender's responsibility to collect that payment from the mortgagor.
Taxes/homeowners & flood insurance/MIP due prior to the first payment due to U.S. Bank Home Mortgage will be the responsibility of the correspondent to pay. (Needs to be double- checked). The Originating Lender is also responsible for late charges, penalties and other costs if they are not paid. To assure that MIP is paid timely and the borrower's escrow account is not negatively impacted, U.S. Bank Home Mortgage will collect and pay all MIP premiums unless a payment history is provided reflecting disbursement of the MIP. If the MIP is paid in error by the Originating Lender, the Originating Lender must obtain the refund from HUD. Any payment of taxes, homeowners or flood insurance, which are due before the first payment due to U.S. Bank Home Mortgage, will be the responsibility of the Originating Lender. The Originating Lender will also be responsible for late charges, penalties and other cost if not paid timely.
A loan history is required on loans where payment(s) were due on the first of the previous month (i.e., first payment due per Note is May 1; loan to be purchased on June 15). It is the Originating Lender's responsibility to forward an updated history if the history previously provided is outdated. Mortgage payments received after U.S. Bank Home Mortgage purchases a loan must be forwarded to:
U.S. Bank Home Mortgage
P.O. Box 790415
St. Louis, MO 63179-0415
Attn: Payment Processing Department
Tax bills received after U.S. Bank Home Mortgage purchases a loan must be forwarded to:
U.S. Bank Home Mortgage
17500 Rockside Road
Bedford, OH 44146
Attn: Tax Department
Any required post-funding follow-up documentation will be notated in a letter that is sent to the Originating Lenders. The required follow-up documentation must be delivered to U.S. Bank Home Mortgage by the deficiency due date. If not, you may be required to repurchase said loans(s) within 30 business days of a written demand by U.S. Bank Home Mortgage.
A copy of the Exception Letter must be attached to all documentation that is sent to U.S. Bank Home Mortgage to clear a post-funding deficiency.
All final documentation must be delivered to U.S. Bank Home Mortgage within 90 days of the date of purchase. Failure to provide documentation within this timeframe will result in penalties or possibly repurchase of the loan. If required to repurchase the loan, a wire must be received within 30 business days of the written demand by U.S. Bank Home Mortgage. USBHM may elect to collect outstanding documentation. If so any costs associated with the collection will be invoiced to the correspondent with timely reimbursement excepted.
Original loan documents relating to each loan purchased, which U.S. Bank Home Mortgage must receive within said 90 day period include:
*Please note when submitting government insuring information to us, FHA loans must be insured within 30 days of CLOSING. The transfer of Servicing rights MUST be completed within 15 days of the purchase of the loan by U.S. Bank Home Mortgage. VA loans require the original LGC or a print screen from EDI evidencing the loan is insured. Rural Housing loans require the original LNG (Loan Note Guaranty).
All follow-up documentation, along with the Final Closed Loan Package Transmittal (see Forms section) should be forwarded as shown below.
U.S. Bank Home Mortgage
17500 Rockside Road
Bedford, OH 44146
Attn: Document Control
U.S. Bank Home Mortgage will accept a title insurance policy issued by an American Land Title Association Title Company (ALTA) specially authorized by law or licensed to do business within the state where the property is located. Title Insurance Companies must be acceptable to Fannie Mae, Freddie Mac and Ginnie Mae in order to be eligible title insurers for loans purchased by U.S. Bank Home Mortgage. Short form policies are encouraged.
If the final title policy has not been issued at the time you deliver your closed loan file to U.S. Bank Home Mortgage we will accept a title binder. Your final title insurance policy must contain the following:
Mortgage from Robert T. Jones and Cynthia R. Jones, husband and wife, to U.S. Bank N.A., dated January 20, 1996, and recorded January 25, 1996 in Book No. 451, Page 3544, as Document No. 1242534 in Jefferson County, Kentucky, in the amount of $50,000.00. Note: if the security instrument has been re-recorded, the security instrument description must show the re-recording information also.
11) A plat drawing/survey/“Mortgage Inspection Report” must be included in the closed loan package. The correct dimensions of the lot, the location of any improvements, the measurement from the improvements to the various lot lines, the location and identity of all easements and encroachments must be identified and illustrated on the drawing. All permanent structures must be identified (i.e., house, garage, storage, etc.) The location of easements (east side, west side, etc.) must be described in the title policy.
Surveys are acceptable up to six months old.
If a Location Endorsement, ALTA 116 is not customary to the state and no plat/survey is available, then survey exceptions cannot be noted on the title commitment/final policy.
U.S. Bank Home Mortgage requires the following endorsements to the final title policy:
e) All manufactured homes require an ALTA 7. Manufactured housing refers to housing produced in or at a factory. The sections are transported to the building site for final assembly. Mobile Homes meeting the specifications below are considered manufactured housing but modular, panelized or prefabricated homes are not considered manufactured housing. Manufactured housing must meet the following specific requirements: *NOTE all Manufactured homes must be eligible products as defined by the program documents. Additionally:
6) An appraisal or other acceptable alternative with original photos or high quality copies must be in the file. Comparables must include no more than one-site built home. The comparables and comments must support marketability and value. The value may not include furniture; free standing appliances or other items of a personal nature.
Title to the mortgaged property must be free and clear of all exceptions that would affect the first lien position of U.S. Bank Home Mortgage in any way. Schedule B, Part 1 of the title binder and final title policy lists title exceptions for which the title company is not providing coverage. Before closing, Originating Lenders must determine what action, if any, should be taken to protect the interest of U.S. Bank Home Mortgage in the case of each such exception appearing on Schedule B, Part 1.
The Title insurance industry is in the business of insuring over the title to property, not over its value. If the defect in question has potential effect on the chain of title, the title company should insure over it on the final title policy, either by specific wording on Schedule B or by endorsement.
Examples of such defects are those referred to as:
“Convenants”,“Conditions”,“Restrictions”,“Declara rtions”,“Agreements”,“By-laws”, etc. which might cause the forfeiture or reversion of title if they were violated.
If the defect in question has the potential for an adverse effect on the use and enjoyment of the improvements and hence, on the value of the property as a whole, a specific waiver should be requested.
• The appraiser who completed the appraisal must execute conventional waiver.
• VA wavier request must be sent to the appropriate local VA office: Attn: Valuations.
• FHA waiver requests must be sent to the Direct Endorsement underwriter that underwrote the loan. If the wavier request involves a large adjustment in the value of the property, the local FHA office may need to approve.
All waivers should be reviewed and approved prior to closing by the appropriate agency or appraiser listed above.
Examples of defects of this kind are easements, right of way, and encroachments, which are not covered by the General Title Waivers.
Note: There are no “pending assessments now a lien.”
b) Restrictions, Covenants and Conditions: FHA/VA/RD/Conventional restrictions, covenants and conditions cited must be followed by the statement, “which have not been violated to date. Any future violations will not result in forfeiture or reversion of title”. Restrictions, covenants and conditions cited that have been violated must be followed by the statements. “This policy insures against all losses or damages by reason of this violation. This policy insures that neither said violation nor any future violation will result in forfeiture or reversion or title.”
• The following exceptions are not acceptable on final title policies:
• Rights of Tenants in Possession.
• Easements or claims of easements not shown of public record.
• Right of first refusal.
• Exceptions for dower or courtesy rights.
• Fraudulent Conveyances.
• Liens (except taxes not yet due and payable).
• Exceptions which state anything as to matters of survey:
(Examples: discrepancies, conflicts, and shortages in area or boundary lines, encroachments or any overlapping of improvements, which an accurate survey of the premises would disclose.) Exceptions which state “possible” or “if any” must be specified or deleted.
• Rights of others in and to the use of the secured property.
FORMS
U.S. BANK HOME MORTGAGE
FROM THE DESK OF PAT BISHOP
PH: 216-475-8403
FAX: 216-475-8622
MERS CONTACT INFORMATION
COMPANY NAME __________
ORG ID # __________
CONTACT NAME __________
PHONE NUMBER __________
FAX NUMBER __________
E-MAIL ADDRESS __________
SUPERVISOR __________
If not the same as above
PHONE NUMBER __________
FAX NUMBER __________
E-MAIL ADDRESS __________
Please sign and date: __________
Please complete the Contact Information Sheet and return to Pat by fax or e-mail. Please update should any of this information change.
Participating Lender Information 2005 | |
---|---|
Bond Program: | |
Participating Lender: | |
Mailing Address: | |
Main Phone Number | |
*Customer “800” Number: | |
*Required |
Contact | Phone | |
---|---|---|
Administrative: | ||
Shipping Super: | ||
Shipping Staff: | ||
Shipping Staff: | ||
Fax # for above: | ||
E-mail address: | ||
Final Documents: | ||
Fax # for above | ||
E-Mail address: | ||
Lender Scorecard Recipient | ||
Fax # for above: | ||
E-Mail address: |
Wire Instructions:
ABA Number: __________
Account Number:
Bank Name: __________
Purchase Advice Attn:
Fax # for Purchase Advice:
E-Mail address:
Please complete and fax to: 216-475-8627
FINAL DOCUMENT DELIVERY
ATTN: DOCUMENT CONTROL DEPARTMENT
17500 Rockside Road, Bedford, OH 44146
PHONE (216) 475-8707
Ext. # 58045, 58010, 57739, 58015, 58026, 58009, 58016, 57743, 57754, 58008, 58020, 58023, 57740, 58045
FAX (216) 475-8606
To complete the captioned mortgage loan file, we submit the following documents, within 90 days of purchase:
Borrower's Name | USBHM# |
Property Address: | Loan Type: |
Original MIC/LGC | |
Original Recorded Mortgage | |
Intervening Assignment/Marginal Assignment | |
Condo/PUD Rehab/2-4 Family Riders, if Applicable | |
Original Title Policy | |
Other: |
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 109.03.8 Exhibit 8-S, AR ADC 109.03.8 Exhibit 8-S
End of Document |