CalHFA's Deed of Trust Title Change
CalHFA has learned that some county recorders offices are having issues with the title of CalHFA's new universal Deed of Trust. The word "Subordinate" in the deed's title is causing confusion with re-subordinations resulting in CalHFA loans not being recorded in a timely manner.
Effective immediately, CalHFA has removed the word "Subordinate" in the deed's title. The updated version of the Deed of Trust can be found in the Closing Doc Wizard in MAS, on the CalHFA website.
See the bulletin below for more details:
Thank you for your continued partnership with CalHFA.