Stay ahead with trusted industry insights and compliance updates.
Document Updates: Update to DC Red Flag Warning Disclosure Notice (Cx4245)
Jan 26, 2024
According to D.C. Code Ann. § 26-1152.11, lenders making covered loans are required to send the borrower a Red Flag Warning Disclosure Notice (our ...
Topics: Document Updates
Document Updates: Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding (Cx7938)
Jan 24, 2024
The “Certificate of Foreign Status” (our Cx7938) is used for foreign persons that have amounts that are subject to US tax withholding. Part I of the ...
Topics: Document Updates
Document Updates: HELOC Historical Table on HELOC Important Terms (Cx21651)
Jan 10, 2024
Our standard HELOC Important Terms document (Cx21651) has a table that shows how the Annual Percentage Rate and the minimum monthly payments for a ...
Topics: Document Updates
Document Updates: Support for Settlor Power of Attorney Fields in Inter Vivos Revocable Trust Acknowledgments and Riders
Jan 4, 2024
Corresponding with our enhancement to ConformX to support Settlor Power of Attorney (POA) fields in signature lines (as announced in Oct Release ...
Topics: Document Updates
Document Updates: Multi-Doc Collection Changes for Social Security Number Verification SSA-89 (Cx5579)
Dec 19, 2023
Docutech is adding functionality to support alternate configurations for our copy of the SSA-89 Social Security Number Verification form (Cx5579). ...
Topics: Document Updates
Global Mapping Updates: Fields “Loan Amount Less Than or Equal to Reg Z Threshold Amount” (81938) and “Higher-Risk HPML” (67269) for 2024
Dec 8, 2023
As in previous years, the Consumer Financial Protection Bureau (“CFPB”) has updated a couple of the dollar amounts specified in various parts of ...
Topics: Document Updates
Document Updates: Rhode Island Notification to Buyers of Withholding Tax (Cx1028)
Nov 28, 2023
According to Rhode Island General Law §44-30-71.3 and 280 RICR 20-10-1.11, in a sale of real property and associated tangible personal property owned ...
Topics: Document Updates
Document Updates: DC Real Property Recordation and Transfer Tax Form FP-7/C (Cx2485)
Nov 16, 2023
According to DC Municipal Regs. Tit. 9 § 335, an application for exemption from real property tax is to be made at the time a deed that transfers ...
Topics: Document Updates
Document Updates: IL Second Fixed Rate Note (Cx1046)
Nov 14, 2023
After review of Cx1046, the IL Second Fixed Rate Note, we are updating the title to include “THIS NOTE IS SECURED BY A JUNIOR MORTGAGE” to be placed ...
Topics: Document Updates
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.
Subscribe and get the latest information on the state of the digital mortgage and eClosing evolution, regulatory compliance, industry trends, upcoming events, and more.