RSS Category: Notice

Due to the new Investor Reporting Change Initiative (IRCI), all loans sold to Freddie Mac must be boarded to Cenlar’s loan servicing system within two business days after they are sold to Freddie Mac.  This is a new process and may require programming changes at your organization.  In addition to the timely boarding of loans, … Continued

Cenlar is providing extended payment processing for the month of May by extending our Friday night cycle to allow for Saturday processing. As a result, GL files, extracts and reports normally delivered on Friday night will begin processing on Saturday evening and will be available no later than the morning of Monday, June 3rd. Please … Continued

In observance of Memorial Day, Cenlar’s offices will be closed on Monday, May 27th, 2019. All files received on Friday will be processed as normal and output will be available within the usual timeframes. Any files received on Monday, May 27th, will be processed the night of Tuesday, May 28th and output will be available the morning … Continued

This Sunday, May 19th, Cenlar will be upgrading hardware for our MetaSource Image Repository System. We ask that no files be transmitted to Metasource during the maintenance window (Sunday from 6 AM until 12 noon EST). All files delivered after Friday evening, Saturday, May 18th and prior to the maintenance window at 6:00 AM will … Continued

Cenlar will go live with Freddie Mac’s Investor Reporting Change Initiative this week. To assist with this transition we are supplying the table below again to remind you of the Freddie Mac associated MSP reports that are being sundowned, and their replacements. The May 15th Freddie Mac Accounting cutoff is the last time the existing … Continued

As we have previously communicated, Freddie Mac is converting its Single-Family Investor Reporting Requirements to more closely align with the industry standard. This change initiative involves a re-design of Freddie Mac’s reporting and accounting model from a monthly reporting model (using an accounting cut-off on the 15th of the month) to a daily reporting model with … Continued

On Sunday, May 19th, Cenlar will be upgrading hardware for our MetaSource Image Repository System.  We ask that no files be transmitted to Metasource during the maintenance window (Sunday from 6 AM until 12 noon EST).  All files delivered after Friday evening, May 18th and prior to the maintenance window at 6:00 AM will be … Continued

Many states are enacting Address Confidentiality Programs which offers protection of the mailing address of the registered borrower from the public in cases of abuse. If you have a borrower that is under one of these State programs, please notify Cenlar at the time of loan boarding. Please send us the borrower’s name and loan … Continued

Beginning Monday, April 15th and every third Monday of each month, you will begin receiving the monthly Client Username List directly delivered via the Secure File Transfer Protocol (SFTP). Previously, you received this list from your Client Manager via email. Now, it will be easier for you with automated distribution to get your reports on the … Continued

Cenlar’s Monthly Report Card (MRC) and Daily Dashboard Reports have been enhanced. These enhancements are designed to better align the structures and categorization of the data contained within the two reports. Monthly Report Card Changes Delinquency Statistics (Pages 1 – 12)  The Claims, REO, Bankruptcy and Total Loan Count Calculations have been removed from the … Continued