Photo: Aldeca Productions/stock.adobe.com Foreclosure Rights Under the Uniform Mortgage and New Updated Mortgage
The Single Family, Fannie Mae/Freddie Mac, Uniform Mortgage, Form 3031 1/01 (uniform mortgage), used for the vast majority of residential mortgages in New Jersey, will soon be replaced (after 20 years) with the new version.
November 03, 2022 at 10:00 AM
10 minute read
Real Estate
The Single Family, Fannie Mae/Freddie Mac, Uniform Mortgage, Form 3031 1/01 (uniform mortgage), used for the vast majority of residential mortgages in New Jersey, will soon be replaced (after 20 years) with the new version (Form 3031 7/21) (updated mortgage) mandatory with Fannie Mae and Freddie Mac on or after Jan. 1, 2023.
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