Loan impact
Summarized from the announcement · verifiedApplies to: All loans sold to Arc Home requiring collateral delivery to US Bank.
- Addressed to
- Arc Home correspondent sellersFrom the publisher, not quoted from the text
- Investor
- ArchomeFrom the publisher, not quoted from the text
- Affected area
- Contracts
- Affected documents
- Collateral note package; Promissory note
- Effective
- Aug 3, 2026
- Applicability confidence
- Verified: every row taken from the source text is supported by it; rows marked "from the publisher" are not quoted
Summary by AWACS. Arc Home's guide is proprietary, so AWACS does not reproduce its text. Read the official announcement ↗ (opens in a new tab)
What changed
Summarized from the announcement| Requirement | Previously | Now |
|---|---|---|
| Collateral note shipping address for custodian deliveryChangedRequired | Not stated | St. Paul, Minnesota custodian facility |
What to do
AWACS interpretation · not source languageWhat to review: Review shipping instructions and update delivery records to ensure US Bank collateral packages are routed to the St. Paul, Minnesota facility starting August 3, 2026.
Ship collateral note packages to the St. Paul, Minnesota custodian facility starting August 3, 2026.
Update shipping destination records for US Bank note custody to the St. Paul, Minnesota custodian facility effective August 3, 2026.
QC implications
- Sample collateral shipments sent on or after August 3, 2026, to verify they are routed to the St. Paul, Minnesota facility.
Source and record
Version 1 · archivedChecks
Source verified: Passed
The document ID, link and publication date match the official source.
Quotes match the source: Passed, adjusted automatically
Every quoted passage appears word for word in the official document.
- A detail the source does not support was removed or adjusted
Requirements backed by the source: Passed
Anything marked required is backed by the requirement language and dates in the source.
In scope: Passed
The document is about residential mortgage lending.
Format and labels: Passed
The record follows the AWACS format and uses its standard labels.