And if you thought there couldn't be MORE compliance changes, here you go...

Domestic Partnership and Civil Union Requirements
Policy & Addendum

Background 

A number of states have enacted laws that extend additional rights to people who are registered within those states as domestic partners or who have formed civil unions. These state laws have granted registered domestic partners and civil union couples the legal rights and responsibilities that mirror those of married persons for purposes of state law.

In order to meet our obligations under the state Domestic Partnership/Civil Union laws, we are issuing the attached Domestic Partnership and Civil Union Requirements policy.

Effective Date 

We will condition for these immediately.

States Where This Is Required

In order to comply with state property laws, it must be determined during the applicant process whether the applicant is a resident of a state with domestic partnership or civil union rights or if the subject property is located in one of these states. Therefore, Caliber requires a completed Domestic Partnership Addendum to be provided by the loan originator and completed by the borrower in the following states:

·         California – An executed California Combined Disclosure (already required)

·         Delaware

·         District of Columbia

·         Hawaii

·         Illinois

·         Nevada

·         New Jersey

·         Oregon

·         Rhode Island

·         Vermont

·         Washington

Notes

·         If all applicants indicate that they are married on the Loan Application, execution of the addendum is not required.

·         If any borrower is marked “Unmarried” on the 1003, an executed Domestic Partnership Addendum (CA Combined Disclosure in CA) will be required PTD in the states listed above.