150 Calyx Software
Disclosures and other forms
12 Complete the NameofBroker, Broker’sRepresentative, and both License# fields.
13 Select File > Save.
Pre-Application Disclosure (NY)
When a transaction is subject to Reg Z Section 32 disclosure requirements, you must
provide this disclosure to New York-based borrowers, with other required disclosures,
three business days prior to closing.
Other disclosures
Affiliated Business Disclosure
The Affiliated Business Disclosure provides the names of the settlement service providers
and the charges for the services they provide.
Credit Score Disclosure
This disclosure informs borrowers of the following:
• Their credit score that was distributed by the credit bureau in connection with the
loan
• Their right to know the key factors that affected the score
The three credit bureau names, addresses and phone and fax numbers automatically
populate the Consumer Reporting Agency fields on this form.
You can change this data at any time by manually entering different data or using the
Cardex database to populate new data into the fields.
If you request a credit report through the Point services, your factors and credit scores
automatically populate the borrower’s Loan Application.
Disclosure notices
Disclosure notices is actually a group of forms containing the following:
• Affidavit of Occupancy
• Anti-Coercion Statement
• Fair Credit Reporting Act
• Right to Financial Privacy Act
The
Applicants and Property Address sections retrieve information from the Borrower
Information
screen.
These notices are available to print only from a borrower file by selecting File > Print, and
selecting the Forms tab from the
Borrower Forms dialog box.
Tip
To avoid repetitive entry, create a master template to populate these
fields automatically.
Related information
See Chapter 19, Contact management (Cardex), for information about
populating fields by using the Cardex database.
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