Borrower Mailing Address

One of the borrower's addresses must be identified as a mailing address. This address will be used when sending bills, notices and other correspondence to the borrower.

By default, the first address that is entered into the CLM system for a given borrower is also identified as the borrower's mailing address. As newer addresses are added for the borrower, the user can select one of those to be used as the new mailing address.

To indicate that an address displayed on the Address List should be used as the borrower's mailing address, the following steps must be performed:

When the Save icon is clicked, the selected address will be marked as the borrower's mailing address in the CLM database. The Address List will be updated to show the mail address icon next to the designated borrower address. The mailing address shown in the Borrower Summary display will also be updated to reflect the new mailing address designation.