If you establish a new loan you need to complete a new BO form for that particular loan number. I know you can complete a BO recertification form for each new loan if the BO's and control prong have not changed of if their CIP information hasn't changed. In this instance there was a previous BO recertification form completed for this customer on 10/1/20 acknowledging the date of the original BO form being completed on 10-1-19. So if we are completing another BO recertification form for this new loan is it okay to use the date of 10/1/20 which is the date the previous BO recertification was signed or should we be using the date when the original BO certification was completed on 10-1-19 every time another BO recertification would be completed if the BO's and control prong do not change..

You will need to reference the original form from 10-1-19 since that is the form they are recertifying. If audited, they will most likely ask for the original after seeing the recertification.

Thank you.