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DERIVATION TABLE AND REDLINE DRAFT MORTGAGE REGULATION RULE REVIEW (JUNE 2024) TITLE 7 BANKING AND SECURITIES PART 4 DEPARTMENT OF SAVINGS AND MORTGAGE LENDING CHAPTER 56 RESIDENTIAL MORTGAGE LOAN
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What is unofficial redline of form?
The unofficial redline of a form is a version of a form that shows proposed changes or edits made to the original document, typically highlighting revisions for clarity during the review process.
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Individuals or entities that are submitting amended documents or proposals which require review or approval from a governing body or regulatory authority are typically required to file an unofficial redline of form.
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The unofficial redline of form should include all modifications such as text additions, deletions, comments, and any pertinent background information explaining the changes.
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