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
MetaSource Upgrade This Weekend
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
Reminder: Freddie Mac Investor Reporting Change Initiative (IRCI)
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
Updates Regarding the Freddie Mac Investor Reporting Change Initiative (IRCI)
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
Monthly Regulatory Compliance Change Management Summary
Please find our monthly Regulatory Compliance Change Management Summary as of March 31, 2019 here. This month’s Regulatory Compliance Change Management conference call will take place on Monday, April 29 at 2 pm EST. To register for the monthly call, please email compliancechgmngt@cenlar.com. For your convenience, the call will be recorded and made available to … Continued
Address Confidentiality Programs
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
Automated Monthly Report – Client Username List
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
FITCH AFFIRMS CENLAR FSB’S U.S. RMBS SERVICER RATING
Fitch Ratings-New York-08 March 2019: Fitch Ratings has affirmed the U.S. residential mortgage servicer rating for Cenlar FSB (Cenlar) as follows: –U.S. residential primary servicer rating for prime product at ‘RPS2’; Outlook Stable. The rating affirmations and Stable Outlook take into consideration the ongoing subservicing transfer arrangement with CitiMortgage, Inc. (Citi), changes to Cenlar’s senior … Continued
Delivering exceptional service to you and your customers isn’t simply an objective, it’s our commitment to you. As part of our mission to partner in your growth and success, we are constantly looking to expand and enhance our capabilities, and develop the right mix of products and services for you and your customers. That’s why … Continued