Compliance News: Understanding California’s 2026 ADMT Rules and How They Apply to Docutech
Dec 5, 2018
Yesterday, FNMA SEL-2018-09 announced the following:
“. . . we have updated the Uniform Underwriting and Transmittal Summary (Form 1008). We worked jointly with Freddie Mac to update this form. As a reminder, it is only required for manually underwritten loans. Lenders can begin using the updated form immediately, but must do so by July 1, 2019.”
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.