Compliance News Alert: Nebraska Net Tangible Benefits Disclosure
Oct 23, 2018
Today, FNMA issued a selling news alert via email that states the following in relevant part (Subject: October 23 Selling News: DU Release in December; New APIs; and More):
“We updated the definition of mortgage in the MERS® Mortgage Assignment (Maine) Form 3749 and edited the accompanying instructions to align with the revision. Visit the Special Purpose Documents page to view the updates.”
We are currently reviewing this change to determine any impact to our document library and/or systems and evaluating any necessary changes. Any modifications we make will be announced on our website (https://compliance.docutech.com/).
The preceding is for informational purposes only and is not and may not be construed as legal advice. No third-party entity may rely upon anything contained herein when making legal and/or other determinations regarding its practices, and such third party should consult with an attorney prior to embarking upon any specific course of action.