The GHOST vulnerability is a serious weakness in the Linux glibc library. It allows attackers to remotely take complete control of the victim system without having any prior knowledge of system credentials. Here at Cenlar we do not utilize Linux or the identified vulnerable OS vendor versions associated with Ghost Vulnerability except for certain third … Continued
Inclement Weather – Cenlar’s Operating Schedule Update
Earlier this morning we advised you that our offices had activated its Disaster Recovery Program and that are offices were open with limited staff. We are happy to report that we have returned to staff levels just slightly below our norm and that all call center and collections agents are continuing to assist your customers/members … Continued
In observance of President’s Day, Cenlar’s offices will be closed on Monday, February 16, 2015. 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 16th, will not be processed until the night of Tuesday, February 17th and output will … Continued
In order to provide extended payment processing this month, Cenlar will not be releasing our file to our mortgage service provider on Friday night. As a result, GL files normally delivered on Friday night, will not be available until Monday morning at the latest. All other reports and extracts will be available on Monday morning. … Continued
Cenlar’s Operating Schedule Update
Earlier this morning we advised you that our offices were open for service at normal hours with limited staff. We are happy to report that as of 10:30 am (ET) our offices are open and fully operational.
Fannie Mae Servicing Guide Updates
Cenlar has implemented the following Fannie Mae Servicing Guide requirements as it pertains to Insured Loss Events and Mortgage Release Incentive Payments prior to the February 1st deadline. Insured Loss Events – (Servicing Guide D2-3.3-02, Fannie Mae Mortgage Release (Deed-in-Lieu of Foreclosure) Cenlar as “the servicer” has implemented the removal of requirements that the servicer must … Continued
To better serve your borrowers following a servicing transfer, Cenlar is implementing functionality that allows positive reporting to the credit bureaus for borrowers who make timely payments during the first 60 days after a transfer. This eliminates any gaps which might occur on credit reports during that time – since Cenlar has historically suppressed all … Continued
Martin Luther King, Jr.’s Birthday
In observance of Martin Luther King, Jr.’s Birthday, Cenlar’s offices will be closed on Monday, January 19, 2015. All files received on Friday will be processed as normal and output will be available within the usual timeframes. Any files received on Monday, January 19, will not be processed until the night of Tuesday, January 20 … Continued
UPDATE: Daily Report and Extract Reposting
Update: All updated daily reports and extracts from close of business December 24th have now been published. The daily report and extract production for close of business December 24th inaccurately contained data from close of business December 19th. We are working to repost the daily reports and extracts and expect to have all updated files … Continued
Effective January 1, 2015-Valid ARM Plan ID Required at New Loan Boarding
The CFPB, as of January 2014 required the addition of the next interest rate change date to appear on the periodic billing statement for all Adjustable Rate Mortgages (ARMs). In order for this to occur, a valid ARM Plan ID must be submitted at the time a new loan boards our system. Effective January 1, 2015, … Continued