CBC Mortgage Agency

NMLS: 1186381
912 W. Baxter Drive, Suite 150
South Jordan, Utah 84095

Main: 866.563.3507
Servicing: 866.563.7572
Fax: 435.237.0022

18-06: MORTGAGEE CLAUSE FOR THE SECOND MORTGAGE

February 26, 2018 By

NOTICE: All companies preparing their own second mortgage documents MUST show the first payment due to our sub-servicer in the second mortgage first payment letter:

Statebridge

P.O. Box 5990

Denver, CO 80217-5990

CBC Mortgage Agency has all ready implemented this change internally so all second mortgages documents drawn by CBCMA will have this as the first payment address.

Our collateral address will change March 1, 2018. Beginning March 1, 2018, all collateral for both first and second mortgages should be sent to our corporate office:

CBC Mortgage Agency

912 W Baxter Dr, Suite 150

South Jordan, UT 84095

(866) 563-3507

We will continue to receive collateral at the old address for the next six months. Our collateral processing team will send you a reminder each time collateral is received at our old location to assist with this transition.

Our mortgagee clause will also change March 1, 2018 to the following:

CBC Mortgage Agency

Its Successors and / or Assigns ATIMA

912 W Baxter Dr, Suite 150

South Jordan, UT 84095

(866) 563-3507

The mortgagee clause is only necessary for the second mortgage. The first mortgage mortgagee clause should be in the name of the company funding the first mortgage.

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