We will be updating versions of the solution, MOVEit®, that delivers reports and extracts on Sunday, July 10, 2016. The version update is from MOVEit version 7.5 to MOVEit® Transfer (version 8.3). This migration will be transparent, have no client impact, and there will be no changes in client output file content or structure.
In observance of Memorial Day, Cenlar’s offices will be closed on Monday, May 30, 2016. 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 30th, will not be processed until the night of Tuesday, May 31st and output will … Continued
Fannie Mae and Freddie Mac have lifted the suspension of compensatory fee assessments in District of Columbia, Massachusetts, New Jersey, New York City, and New York. Both Fannie Mae and Freddie Mac have updated the foreclosure timeframes for these jurisdictions. Supplemental billing of Fannie Mae and Freddie Mac compensatory fees assessed during the suspension period have … Continued
Ginnie Mae – Changes to Custodian Document Request Process
Ginnie Mae has notified us and other custodians that they will begin to enforce a provision in Chapter 4 of the Ginnie Mae guide. The provision states “The Issuer may not delegate or transfer to others (through a power of attorney or otherwise) its obligation or authority to perform the following functions…(c) withdraw mortgage documents from … Continued
In order to provide extended payment processing this month, Cenlar will not be releasing our file to our mortgage service provider the night of Friday, April 29th. As a result, GL files normally delivered on Friday night will not be available until the morning of Monday, May 2nd at the latest. All other reports and … Continued
New Loan Boarding Interface Specifications Updated
Cenlar has completed the update to our New Loan Boarding Interface Specifications and corresponding edit file. The updated specifications include new fields that will allow us to better serve your interest and to maintain compliance due to regulatory changes. The new edits are tied to the new fields and are currently set as a warning. … Continued
Disable TLS Version 1.0 Postponed
The change to disable TLS 1.0 on production servers scheduled for March 6, 2016 has been postponed. We will send an update with the new date once it has been scheduled. We apologize for any inconvenience this may have caused. Please be sure to share this information with your IT department.
Competitive Pre-Foreclosure Bidding and Second Chance Program on FHA Loans
Cenlar FSB is proud to announce our latest initiative to utilize auction.com to potentially increase third party purchases benefiting both Pre-Foreclosure and Post Foreclosure sales in accordance with HUD’s Claim Without Conveyance Of Title (CWCOT) program. The overall goal of HUD’s CWCOT program is to sell assets to third parties thereby reducing HUD’s liability and … Continued
To improve information security, Cenlar will discontinue the support for TLS 1.0 encryption. This is being undertaken so that we can maintain security standard and promote the safety of our client data as well as align with industry best practices. We will implement this change in 2 steps: We will be disabling TLS version 1.0 … Continued
In observance of President’s Day, Cenlar’s offices will be closed on Monday, February 15, 2016. All files received on Friday will be processed as normal and output will be available within the usual timeframes. Any files received on Monday, February 15th, will not be processed until the night of Tuesday, February 16th and output will … Continued