In observance of the July Fourth Holiday, Cenlar’s offices will be closed on Monday, July 4, 2016. Any files received on Monday, July 4th, will not be processed until the night of Tuesday, July 5th and output will be available on Wednesday morning.
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
Cenlar employees turn out in force for the March of Dimes
APRIL 22, 2016, EWING, NJ—Employees of Cenlar FSB, a federally chartered wholesale bank specializing in mortgage subservicing, turned out in force at this year’s March of Dimes, March for Babies walk in Phoenix, AZ. The walk, held recently, commenced at Wesley Bolin Plaza in downtown Phoenix. Headquartered in Ewing, NJ, Cenlar opened an operations center … 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
Great News…Enhanced access to Cenlar’s Policies and Procedures
We are excited to announce the rollout of our new Policy and Procedure platform, PolicyTech. PolicyTech allows us to centralize, simplify and strengthen our policy and procedure management lifecycle, allowing easy accessibility of our policies. PolicyTech provides enhanced features allowing users the ability to find policies and procedures quickly using powerful search functionality. Users can … 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.