On January 2, 2008 new mortgage lending reguations (940 CMR 8.00 et. seq.) became effective in Massachusetts. The revised section 8.05 removes the previous disclosure requirements for the MA Mortgage Lender Disclousure and the MA Mortgage Broker Disclosure. A new disclosure is required under the revised section 8.06(16) for stated income products. We have created a new No Documentation/Limited Documentation Disclosure document to fill this new requirement. This document will print when a loan is classified as a stated income loan in the state of Massachusetts.