It has been brought to Docutech’s attention that some clients prefer to attach exhibits to certain security instruments to include more comprehensive information for derivation clauses beyond the standard previous recording information pertaining to the derivation of title, i.e.…
On May 22, 2018 the U.S. House of Representatives approved the “Economic Growth, Regulatory Relied, and Consumer Protection Act” (US SB 2155 [2018]), which will now be submitted for passage to President Donald J. Trump, who is expected to sign it into law (see https://www.congress.gov/bill/115th-congress/senate-bill/2155?q=%7B%22search%22%3A%5B%22S2155%22%5D%7D&r=1)….
Cx10455 is provided pursuant to the provisions of D.C. Mun. Regs. tit. 26-C, §§ 1117.4, 1117.5, & 1117.6. Under Ibid. § 1117.5(e), a lock-in agreement is required to include “a statement that any terms not locked-in by the lock-in agreement are subject to change until the mortgage loan is closed at settlement.”
In 2015,…
On May 15, 2018 Gov. Larry Hogan (R) passed into law MD SB 1068 (2018) which, among other provisions, exempts certain loans from the provisions of Subtitle 1, Title 12 of Maryland’s Commercial Law, if such loans are declared to be made pursuant to certain other laws (see http://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=billpage&stab=01&id=sb1068&tab=subject3&ys=2018RS)….
After a recent audit of our document library, it has come to our attention that Fannie Mae has issued new Renovation Mortgage documents. As a result, we have created the following documents: Renovation Loan Investor Rider (Cx22292), Renovation Contract (Cx22293),…
On May 8, 2018 Gov. Nathan Deal (R) signed into law GA HB 1036 (2017), which permits the clerk of the Superior Court of Fulton County “to require that no instrument by which the title to real property or any interest therein is conveyed,…
In an email dated May 17, 2018 the USDA announced the following:
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Currently, our generic form “New Jersey Private Well Water Test Results (Cx4441)”, is configured to print for every contract of sale of real property in the State of New Jersey, rather than printing only for sales of real property with private wells,…
After a recent review of our generic Private Mortgage Insurance (PMI) Disclosure forms, we are modifying the definition of “good payment history” on some of our generic PMI Disclosures to more accurately reflect the Homeowner’s Protection Act (12 U.S.C. 4901[4]) definition of “good payment history”….
Pursuant to a review by our Legal team, Docutech is updating the format of the Notice to Homeowner – Assumption of FHA Mortgages (Cx1566) to reflect the current FHA Single Family Mortgages Model Document found at https://www.hud.gov/program_offices/housing/sfh/model_documents….
