Mortgagee Clause Address Change
Product Release
Information for Correspondent Lenders of Truist Bank April 23, 2021 ? COR21-020
Alert
Update
Reminder
Clarification
Training Information
Preview
Mortgagee Clause Address Change
Truist Bank (Truist) updates Correspondent Seller Guide materials to reflect an address change for Truist Bank's mortgagee clause.
Effective Dates
This update is effective for new and existing applications on or after April 23, 2021.
Background Information
Due to a physical location move, the address associated with Truist Bank's mortgagee clause for hazard and flood insurance policies changed.
Bulletin Details
Truist Bank Mortgagee Clause The mortgagee clause for hazard and flood insurance policies is as follows:
Truist Bank, its successors and/or assigns, as their interests may appear (ISAOA/ATIMA) P.O. Box 7952 Springfield, OH 45501-7952
Revised Material Click Loan Delivery and Purchase Review, Hazard and Flood Insurance, and Agency Loan Programs to review the revised product material.
Former Guidelines
The previous address associated with hazard and flood insurance mortgagee clause was P.O. Box 47047, Atlanta, GA 30362.
Other Resources
Support Group
Correspondent Relations Coordinator
Product Support
Description and Contact Information:
Specific questions on applying this procedure to specific loan files. Contact Correspondent Relations Coordinators at 800.382.2111, Option 1.
Provides phone and email support on products, policies, and procedures as well as new product rollout and existing product enhancement. Contact Product Support at 800.382.2111, option 3.
This information is for use by mortgage professionals only and should not be distributed to or used by consumers or other third parties. This is not for solicitation of sales. Information is accurate as of date of posting and is subject to change without current product details and lending procedure. Truist Bank does not guarantee or assume liability for any third-party products or services. Truist Bank is an Equal Housing Lender. ?2020 Truist Financial Corporation. SunTrust, Truist, and the BB&T|SunTrust now Truist logo are service marks of Truist Financial Corporation. All rights reserved.
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