AGENCY: Utah Housing Corporation

SERIES: 84417
TITLE: Lender remittance advice forms
DATES: 1981-2002.
ARRANGEMENT: Chronological, thereunder alphabetical by lender name

DESCRIPTION: These reports document each lender's monthly accounting of mortgage payments made to the Utah Housing Finance Agency. The reports are compared against agency receipt records to identify discrepancies. The reports also serve as evidence for agency recourse in legal disputes. Information includes lender's name, representative's name, phone number, bond series, collection period, cut-off date, curtailment detail, amount of principal and interest, total remitted to Utah Housing Finance Agency, amount deposited, deposit date, postmark date, check date, check number, and certifying initials.

RETENTION

DISPOSITION

RETENTION AND DISPOSITION AUTHORIZATION

These records are in Archives' permanent custody.

APPROVED: 09/1990

FORMAT MANAGEMENT

Paper: Retain in Office for 1 year and then transfer to State Records Center. Retain in State Records Center for 29 years and then destroy.

APPRAISAL

Legal

The disposition of this record is based upon the agency's need to ensure that mortgage payment documentation is maintained on all housing loans through the mortgage period. It may be used as evidence in potential legal proceedings.

PRIMARY DESIGNATION

Private

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