Update to Minnesota Late Fee
Update for July 1, 2024: Late fee dollar amount will increase from $9.36 to $9.88, for all subordinate-lien loans and for first-lien loans below $100,000.
Update for July 1, 2024: Late fee dollar amount will increase from $9.36 to $9.88, for all subordinate-lien loans and for first-lien loans below $100,000.
Update to the programming of the Balloon Rider (Balloon.RDR) so that spacing between text is not compressed at the bottom of the 1st paragraph on PDF version.
Update to the programming of the Allonge to the Note (ATN.LSR) to update from recordable to not recordable.
Update to the programming of the VA Allowable Fees Audit to remove reference to discount points, update some of the allowable fees in the list, and to update the programing of the 1% total allowable.
Affiliated Business Arrangement Disclosure Statement Notice (ABADSN2.MSC) updated programming to remove any defaults and use data provided.
Update to the programming of Net Tangible Benefit forms (COTNBD.MSC, VANTBW.MSC, ILNTBN.MSC, ILBTBD.MSC, AKTNBN.MSC, MNTNBN.MSC, BTBD2.MSC) for PMI and Foreclosure options.
Update to inclusion of broker compensation when paid by sources other than the borrower and limit includable amount to those over 1%.
Update to the programming of Escrow Holdback Agreement (EHA.LSR) for form to complete based on worksheet data.
Update to logic on the No Transfer Taxes Found to loop through all charges, including condition where previously charged transfer tax codes are revised to zero and replaced with new transfer tax codes, and only fire when in total there are no transfer taxes with amounts.
Update to the programming to create eNote versions of Interest Only Fixed Rate Note for multistate and state specific versions. (US3271.NOT, AK3271.NOT, FL3271.NOT, ME3271.NOT, NH3271.NOT, NY3271.NOT, VA3271.NOT, VT3271.NOT, WI3271.NOT, and WV3271.NOT)
Minn. Stat. s 47.59, Subd. 6(a)(4)