We have issued an update to the system that modified the following:
- Servicing Fee – Specific Amount: The Servicing Fee feature has been updated so users may now enter a specific servicing fee that will be due every month. If no specific amount is entered then the servicing fee paragraph in the Note will make a generic reference to a servicing fee.
- Oklahoma Recordable Document Margin Size: We increased the TOP margin of all pages to 2 inches on all recordable documents for Oklahoma to conform to new state recording requirements.