ROD has posted on its website general recording requirements for commercial refinances and
modifications/amendments. The requirements are in line with OTR’s
Notice of May 2014, and hopefully answer the questions of commercial filers in
terms of required supporting documentations.
The purpose of this document is to mainly enforce a uniform,
standard way of the information presented on the statement to the FP7.
A standardized statement to the FP-7 will assist filers to submit
relevant information and to present them in an order that facilitates an
effective and accurate review by ROD examiners.
Below is the link to the newly posted document. Please
feel free to contact the ROD management staff if there are any questions.
Please share this email with your colleagues. Thank you!