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Document Updates: HELOC Agreement (Cx21652) and HELOC Deed of Trust TX (Cx21376)
Aug 31, 2023
After reviewing our Texas HELOC documents, we have adjusted language in our TX HELOC Agreement (Cx21652) and HELOC Deed of Trust (Cx21376) to clarify ...
Topics: Document Updates
Document Updates: Louisiana Mortgage Loan Origination Agreement (Cx4828)
Aug 30, 2023
Louisiana Revised Statute Section § 6:1098(A) requires a mortgage broker to retain a signed copy of the residential mortgage loan brokerage contract ...
Topics: Document Updates
Document Updates: Rhode Island Notification to Buyers of Witholding Tax Requirement (Cx1028)
Aug 25, 2023
After review of Rhode Island Notification to Buyer(s) of Withholding Tax Requirement, Cx1028, we were unable to find a reason or requirement for a ...
Topics: Document Updates
Document Updates: Trustee Signature Lines for Trust Loans Added to Maryland Written Acknowledgment of Delivery of the Note (Cx16099)
Jul 17, 2023
Upon review, it has been determined that trustee signatures lines for trust loans will now be included on Cx16099 – MD Written Acknowledgment of ...
Topics: Document Updates
Document Updates: Virginia Choice of Settlement Agent Notice (Cx5101)
Jun 26, 2023
On March 24, 2023, Governor Glenn Youngkin approved Virginia House Bill 1888 which requires the written consent of the seller’s counsel before a ...
Topics: Document Updates
Document Updates: Vermont High Rate/High Point Notices (Cx3708) Continues to Be Temporarily Suspended
Jun 26, 2023
As previously announced, on May 5, 2022, Acting Commissioner of Financial Regulation David F. Provost signed an Order In Re: High Rate Mortgage Loan ...
Topics: Document Updates
Compliance News: New York Adds New Disclosure Requirement for VA Loan Counseling
Mar 28, 2023
New York State Assembly Bill A9493A adds a new disclosure requirement for VA loan counseling. This act takes effect April 15, 2023.
Topics: In the News
Document Update: Fannie Mae Makes Witness Lines Optional in 07/2021 Texas Home Equity Security Instrument Form 3044.1 (Cx25323)
Mar 9, 2023
Fannie Mae recently updated the Instructions to Form 3044.1 – 07/2021 Texas Home Equity Security Instrument (Our Cx25323) by adding Paragraph 9 which ...
Topics: Document Updates
Document Updates: Updates to Washington Construction Documents (Cx16579 and Cx20791)
Feb 22, 2023
Wash. Rev. Code Ann. § 60.04.255(1) requires property lenders to provide informational material described in Wash. Rev. Code Ann. § 60.04.250 to any ...
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.
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