Updates and Announcements Archives - Page 18 of 19 - CBC Mortgage Agency

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Jan 03

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18-01: UNIVERSAL LOAN IDENTIFIER (ULI) & NEW DEMOGRAPHIC

By James Bethe Updates and Announcements

Beginning January 1, 2018, CBC Mortgage Agency will require all Loan Applications taken after January 1, 2018 to include the Universal Loan Identifier (ULI) number…

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Dec 19

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17-10: STACKING ORDER (AS OF 1:1:18)

By James Bethe Updates and Announcements

As of January 1, 2018, we will require all loans uploaded to our client portal be stacked according to the new CBC Mortgage Agency Stacking…

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Dec 18

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17-09: Stacking Order

By James Bethe Updates and Announcements

We have published a stacking order for our loans. Contact us to learn more.

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Oct 26

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17-08: CBCMA APPROVED IN ILLINOIS

By James Bethe Updates and Announcements

As of Nov 1st, CBC Mortgage Agency will purchase first mortgages in Illinois. There is now only one state where CBCMA does not operate: NY.

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Oct 23

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17-07: HOPE LOAN PORT

By James Bethe Updates and Announcements

CBC Mortgage Agency has partnered with Hope Loan Port, a HUD approved counseling agency, to provide borrowers with information, free counseling, and support after the…

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Oct 20

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17-06: MERS REGISTERED

By James Bethe Updates and Announcements

Beginning today, October 20th, all second mortgage documents will be MOM documents. This means that the assignment will no longer be required and the secondary…

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Sep 22

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17-05: CBCMA APPROVED IN MISSISSIPPI

By James Bethe Updates and Announcements

As of Sept 21, CBC Mortgage Agency will purchase first mortgages in Mississippi. There are now only four states in which CBCMA does not operate:…

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Sep 15

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17-04: Transfer of Servicing Letters

By James Bethe Updates and Announcements

Lenders must, in accordance with all applicable laws, rules and regulations, provide the following: • All borrowers and insurance providers: A notification that the loan…

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Jul 12

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17-03: TURN TIMES

By James Bethe Updates and Announcements

Our Due Diligence Provider has notified us that Due to high loan volumes loan review turn times may increase by an additional 24 hours (up…

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Jul 03

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17-02: REQUIRING A SIGNED INITIAL AND FINAL LOAN APPLICATION

By James Bethe Updates and Announcements

Beginning July 1, CBC Mortgage Agency will begin requiring a signed initial and final loan application on all secondary financing. All disclosures must follow federal…

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866–563–3507

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

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The Chenoa Fund® program has not been reviewed or approved by HUD or FHA. This site is for information purposes and is used by licensed industry professionals. The site and the information contained therein is not a solicitation to lend money to consumers. For licensing information, go to: www.nmlsconsumeraccess.org. Illinois Residential Mortgage License #MB.6761292. Illinois Department of Financial and Professional Regulation, Division of Banking, 100 West Randolph, 9th Floor, Chicago, IL 60601 – 1-888-473-4858. Georgia Residential Mortgage Licensee, License # 1186381. The Chenoa Fund program is not currently offered in New York.

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