Reducing Out of Compliance Lien Releases
In our continuing effort to serve you and your borrowers better, we are instituting certain steps to reduce “out of compliance” lien releases. As you are aware, there is a mortgage servicing industry problem in receiving the necessary documents from document custodians timely to record lien releases at the respective counties. Although Cenlar orders the … 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, January 29th. As a result, GL files normally delivered on Friday night will not be available until the morning of Monday, February 1st at the latest. All other reports and … Continued
Martin Luther King, Jr.’s Day Closing
In observance of Martin Luther King, Jr.’s birthday this year, Cenlar’s offices will be closed on Monday, January 18th. Please be aware that all files received on Friday, January 15th will be processed as normal and output will be available within the usual timeframes. Any files received on Monday, January 18th, will not be processed … Continued
New Loan Boarding Interface Specifications
Cenlar is in the process of updating our New Loan Boarding Interface Specifications and corresponding edit file which will require your action shortly after year-end. The updated specifications will 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 … Continued
Collections Contact and Solicitation Strategy Changes
To align with Freddie Mac and Fannie Mae’s announcements dated December 15, 2015, we have made changes to our Collections Contact and Solicitation Campaign Strategies. Click here for a copy of the document which outlines the changes imposed and our response.
In celebration of the holiday season, our offices will be closing at 4:00 pm (EST) on Christmas Eve, Thursday, December 24, 2015. Additionally, our offices will also be closing at 5:00 pm (EST) on New Year’s Eve, December 31, 2015. Your new loan submissions, payment files, and other input files must be received by these times to … Continued
In observance of Thanksgiving, Cenlar’s offices will be closed on Thursday, November 26, 2015. Our offices will resume regular hours on Friday, November 27th. Have a Happy Thanksgiving!
In our continuing effort to serve you and your borrowers better, we’re making exciting changes to our E-Bill (electronic billing statement) program. Starting on December 4, 2015, borrowers will have secure, any time anywhere access to a complete picture of loan accounts online. This new system will be called e-Docs. e-Docs is a FREE paperless, … Continued
Year-end – Loan Boarding/Transfer Activity
As year-end 2015 is approaching, we would like to outline the year-end schedule for loan boarding and transfer activity. Please review the information below. The technology and transfer “blackout*” period for year-end 2015 is scheduled to start Monday, December 21, 2015 and end Friday, January 8, 2016. Transfer Activities to be halted during the blackout … Continued
In observance of Veterans Day, Cenlar’s offices will be closed on Wednesday, November 11, 2015. All files received on Tuesday will be processed as normal and output will be available within the usual timeframes. Any files received on Wednesday, November 11th, will not be processed until the night of Thursday, November 12th and output will … Continued