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Title
Massachusetts Loan Origination and Compensation Agreement
Item Number
1005
State
MA
Agency Name and Number
GreatDocs
Document Changes
Field Changes
Added Borrower Signature Bitmap fields on signature lines and Electronic Barcode fields when applicable. No new fields used.
History
Posted On: 09292008 Field Changes: 08132008 - Changed field 3898 to 4765, 6660 Loan Origination Fee. These corrections are being made to consolidate field usage across our product line. Posted On: 08132008 Field Changes: 01262007 - Corrected the format of field 5627, Mortgage Banker/Broker/Lender/Escrow License Number. It was formatted as a telephone number and corrected to plain text. Posted On: 01262007 Doc Changes: 07012004 - The Massachusetts Division of Banks filed amended regulations on May 21, 2004 that became mandatory on June 1, 2004. The amended regulations require a mortgage broker to provide the borrower at the time of application this Loan Origination and Compensation Agreement. [209 CMR 42.12A(5)] The content of the Agreement is prescribed by the regulation.[209 CMR 42.16]The agreement must be signed and dated by both the borrower and mortgage broker. Field Changes: 07012004 - New to the GreatDocs library. Added new fields 5626 and 5627.
Posted Date
9/29/2008
Mapping FDF Date
9/29/2008
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