Revised Authorized Changes page for URLA Freddie Mac's Authorized Changes page for the URLA has been updated to reflect the correct site in the California Civil Code that allows married persons to apply for separate accounts. The language now reads: "Pursuant to California Civil code 1812.30(j) a married applicant may apply for a separate account." http://www.freddiemac.com/uniform/unifnews.html
Now, while that is not exactly the language used on the URLA, the revision date (12/05) coincides with the changes to the URLA. It all has to do with the Co-Borrower's awareness of applying for joint credit (IF there is a co-borrower). |