We previously announced mapping adjustments due to Kansas updating the KS Uniform Consumer Credit Code. We have further reviewed the updates and determined that KS ST 16a-3-207 has been fully repealed, which was the governing provision for Cx1595 (KS High LTV Consumer Notice)….
The CFPB has published finalized rules on Residential Property Assessed Clean Energy (PACE) transactions. The published rules and other resources can be found here. Several provisions in Regulation Z have been updated for transactions involving PACE transactions. …
VA Lenders Handbook M26-7, Chapter 9, Topic 8(c) states: “The lender must always verify that the Veteran is alive at the time of loan closing.”
When Cx16760 “Lender’s Certification of Veteran Alive at Time of Closing” was originally created,…
Documents related to the Illinois Mortgage Escrow Account Act in ConformX are required to be provided if the mortgage is not FHA-insured or VA-guaranteed, relates to the purchase of an owner-occupied, single-family residence, and an escrow account used to pay taxes is or may be required (765 Ill….
Our standard HELOC Important Terms document (Cx21651) has a table that shows how the Annual Percentage Rate and the minimum monthly payments for a single $10,000 credit advance would have changed based on changes in the index over the past 15 years….
Cx2485 “DC Real Property Recordation and Transfer Tax Form FP 7/C” has been revised to match the most current model form located on the DC Office of Tax and Revenue website. The changes to the form are minor and include a date change on the footer and clarified instructions in parts E and F of page one….
As part of our monthly audit of federal agency forms, we have made updates to the following document as reflected by the most recent information published by the VA:
– The Respondent Burden in the top right margin has been changed from 10 minutes to 30 minutes….
As part of our monthly audit of federal agency forms, we have made updates to the following document as reflected by the most recent information published by the FHA:
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NE Notice of Cosigner (Cx13029) has been modified to replace Lender Mailing Address: City (FI 1043) under the lender’s signature with Lender City (FI 1031). This change aligns the lender’s city field with the lender’s street, state and zip code fields already in place….
We have made slight logic adjustments to a certain provision in Cx1327 New York HELOC Mortgage. In the premises paragraph we are updating the language to match up with the checkboxes that are part of the BORROWER’S STATEMENT REGARDING THE PROPERTY. …
