One of the more unique state disclosures is the DC Mortgage Disclosure Form. What makes this disclosure so different is the requirement that when it is printed on a physical piece of paper it must be printed on red paper. …
By: Paulette Price
On June 17, 2021, President Joe Biden signed Senate Bill S.4751 which establishes June 19th as a legal public holiday to be named Juneteenth National Independence Day.
Juneteenth is the first new federal holiday since Martin Luther King Jr….
Nevada law requires security instruments to contain “[t]he mailing address of the grantee or, if there is no grantee, the mailing address of the person who is requesting the recording of the document;”(NRS 111.312). This requirement is satisfied by adding the grantee name and address in the recording information section at the top of page 1 of the security instrument….
First American Docutech has made an adjustment to the loan-to-value (LTV) calculation used to determine when the Kansas Uniform Consumer Credit Code (UCCC) Addendum (Cx4448) prints by default.
The KS UCCC applies to “consumer credit transactions” made in the state of Kansas (Kan….
We are updating our version of the INSTRUCTION AND INFORMATION SHEET FOR SF 180, REQUEST PERTAINING TO MILITARY RECORDS (our form Cx17072), to align with the model form available at https://www.archives.gov/files/research/order/standard-form-180.pdf on the National Archives and Records Administration (NARA) website,…
On July 7, 2021 Fannie Mae (FNMA) published a selling guide announcement where they released updated uniform legal instruments. SEL-2021-06. They have updated all their uniform instruments – security instruments, notes, riders, addenda, and special purpose documents. This update is the result of a comprehensive review of the uniform instruments that was conducted in collaboration with Freddie Mac. …
Subsequent to a document review, we have decided to add an enhancement to the notary block on our New York Consolidation, Extension, and Modification Agreement (CEMA). When MERS is being used in the transaction, the MERS representative is required to sign with an accompanied notarization….
We are updating our version of The TEXAS HOME EQUITY LOAN CLOSING INSTRUCTIONS ADDENDUM (CX5004) to remove the reference to an Owner’s Affidavit. This addendum is required to be provided to customers, in connection with a 50(a)(6) equity loan mortgage transaction,…
Due to a recent document audit, we are updating our version of NJ Application and Disclosure (our form Cx21702), to align with the model form that is published by the NJ Department of Banking and Insurance.
This form is required to be provided to customers,…
As previously announced, Oklahoma has updated its laws regarding the maximum dollar amounts which can be charged for late fees.
The Oklahoma Department of Consumer Credit has, as they are required to do every year,…
