AGENCY: Utah Housing Corporation

SERIES: 6675
TITLE: Mortgage submission vouchers
DATES: 1980-2002.
ARRANGEMENT: Chronological, thereunder numerical by loan number

DESCRIPTION: These data and statistical recap forms are completed by lenders for each individual loan and are submitted to the Utah Housing Finance Agency (UHFA) as part of the Single Family Mortgage Program. This program permits families to secure loan monies from UHFA which are purchased by lenders in order to make housing loans available to the families. Selected information contained on the voucher form is entered into the UHFA data base. The voucher lists the UHFA loan number, date purchased, bond series, debt information, payment information, insurance information, income information, mortgagor information (including borrower name, social security number, sex, age, marital status, race/national origin, total household members), property information, and mortgage lender's name and lending officer's signature.

RETENTION

DISPOSITION

RETENTION AND DISPOSITION AUTHORIZATION

These records are in Archives' permanent custody.

APPROVED: 06/1991

FORMAT MANAGEMENT

Paper: Retain in Office for 3 years or until purchasing is completed for bond issue and then transfer to State Records Center. Retain in State Records Center for 30 years and then destroy.

APPRAISAL

Legal

This disposition is based upon the agency's expressed legal need to maintain all mortgage program information related to the purchase of loans by lenders for 30 years (the mortgage period) beyond the close of the bond series issue date. A typical bond issue period is between two and three years. This information will prove valuable to UHFA in the event of a contractual dispute.

PRIMARY DESIGNATION

Private

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