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NJHMFA is excited to announce that effective for loan purchases on or after January 28, 2026, NJHMFA is implementing enhancements to the Lender Portal impacting the trailing document process.
The enhancements provide improved communication, ability for real time reporting of outstanding trailing documents, ability to view statuses of outstanding trailing documents, user friendly upload of trailing documents, and the ability to request file review by NJHMFA staff.
Lenders will upload trailing documents the same way documents are uploaded for Underwriting and Purchasing. Lenders will continue to receive automated emails requesting the outstanding trailing documents, however, after the documents are received and cleared, the SDR reports will no longer be provided and the Lender will be able to view the outstanding trailing documents via pipeline view or at the loan level in the Lender Portal. It will be the Lender’s responsibility to access their full outstanding trailing document report within the Lender Portal to manage the outstanding documents and to ensure documents are received by the agency within the required timeframe of 90 days post-purchase.
Lenders may access a recorded tutorial of this process at any time on the NJHMFA website, or by using the below link. The tutorial explains the new process in detail. You can view the tutorial here.
Please ensure that your post-closing staff or trailing document teams receive this bulletin and access the online tutorial for detailed instructions.
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