As you may be aware, Section 597 of the New York
Banking Law (NYBL) and Section 419.12 of Part 419 of the Superintendent
Regulations requires registered mortgage loan servicers and exempt
mortgage loan servicers regulated by the Department to file quarterly and other
reports in the form prescribed by the Superintendent. In order to facilitate
compliance with the filing requirements of Section 419.12, the Department has
developed the Volume of Servicing Reporting System (VOSR).
Effective for 1st Quarter 2019, NY added to
the breakdown of loan types to now include USDA as a separate line item. Cenlar
also added a line item for USDA loans on the VOSR report that we send to you
quarterly. These changes
will be available for the 6/30/19 quarter end reporting.