Bulletin 2022-049 Change of Note Delivery and Bailee Information - Urgent Reminder Change in Custodian

Change of Note Delivery and Bailee Information - Urgent Reminder Change in Custodian

Newrez LLC "Newrez" Approved Correspondent Clients: please note the following changes went into effect on June 16, 2022. In order for loans to be purchased in a timely manner, please ensure that all parties have implemented the following changes.

 

Notes should be addressed to:

 

It is imperative all notes be addressed as follows, including the complete “Attn” line, to ensure timely processing:

 

Deutsche Bank National Trust Company
ATTN: DATA ENTRY / NEWREZ CORRESPONDENT TEAM
1761 East St. Andrew Place

Santa Ana, CA 92705-4934

 

Bailee and wiring instructions are required to be delivered with the original note.

 

Bailee information should be updated to:

 

Newrez LLC C-O Deutsche Bank National Trust Company

 

Please notify your warehouse banks of this change.

 

Seller Loan Number:

 

All notes must have the seller loan number to ensure timely processing.

 

Note Endorsement:

 

Notes must have a complete Endorsement chain ending with NewRez LLC.

 

Note Releases/Returns:

 

Continue to request from your Client Manager. Include an overnight shipping label to expedite the request.

 

Final Documents:

 

As a reminder, continue to send all final documents (recorded mortgages, recorded assignments, and final title policies) to:

 

Indecomm Global Services at the following address:

 

Indecomm Global Services
1427 Energy Park Drive
St. Paul, MN 55108
Mail Stop Code NR - 9915

 

All questions or inquiries regarding recorded mortgages, final title policies and assignments should be addressed to Indecomm Newrez.ViewPoint@Indecomm.net. Questions can also be directed to 651-766-2364.

 

Refer to client guide Chapter 7, B704 and B705 for additional information on Original Note and Final Document delivery.