Document Updates

Document Updates: Fixed Rate Note New Hampshire Second (Cx1062)

After review, Docutech has decided to have the language in Cx1062 “Fixed Rate Note New Hampshire Second” mirror the language in Fannie Mae/Freddie Mac Uniform Instrument Form 3230 “New Hampshire Fixed Rate Note.”

The main updates are including section 3(C) “Acceptance and Application of Partial Payments” to Paragraph 3 “Payments,” and splitting Paragraph 7 “Giving of Notices” into section 7(A) “Notice to Borrower” and section 7(B) “Notice to Note Holder.”

These changes are available for testing on Stage &…

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Document Updates: Reminder of Upcoming Retirement of 2001 FHA Forms

As previously announced, we have created a revised set of FHA security instruments and notes that are based on the 2021(effective 2023) GSE forms. In a later announcement, we gave a timeline of the rollout of these documents and the discontinuation of the old FHA notes and instruments….

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Document Update: Cx2687 – CA Disclosure Receipt

According to Cal. Bus. & Prof. Code §10240(a), a real estate broker is required to deliver to the borrower a statement in writing containing certain information, including amounts for appraisal fees, escrow fees, and title charges. Subsection (c) states that if the borrower receives a “good faith estimate” satisfying the requirements of the Real Estate Settlement Procedures Act of 1974 with other specified disclosures,…

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Document Updates: Vermont Notary IPEN and RON Acknowledgments and Jurats on Various Documents

Vermont Secretary of State/Office of Professional Regulations has recently proposed new Administrative Rules for Notaries Public, which are scheduled to go into effect on February 26, 2025. These rules create standards for issuing commissions as well as special endorsements to notaries public to perform notarial acts on electronic records and for remotely located individuals….

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Document Updates: Field Updates to VA Form 26-1805 Request for Determination of Reasonable Value (Real Estate) (Cx14216)

Due to recent client requests, we have enhanced functionality in Cx14216, which is our copy of VA Form 26-1805 “Request for Determination of Reasonable Value (Real Estate)”. Some field logic has been altered, including the following:

• Box 1J Building Type will use Field 152180 “Property Number of Units” and Field 22265 “Property Type” to select the correct checkbox.

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New Document Creation: Section 184A – Warranty of Completion of Construction HUD-50110-A (Cx28157) and Section 184A – Loan Guarantee Firm Commitment Form HUD 50143A (Cx28166)

As announced here, we made some changes for Section 184/184A loans. We are adding some additional documents for Section 184/184A loans. According to the Section 184A processing guidelines, a lender must submit documentation that the property has completed construction for newly constructed properties prior to closing,…

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Document Updates: Cx1327 (HELOC – NY Mortgage)

As announced here, we previously made adjustments to some of the document logic on New York HELOC Mortgage (Cx1327) for the checkboxes that are part of the BORROWER’S STATEMENT REGARDING THE PROPERTY.

In light of those recent adjustments,…

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Document Updates: Cx4694 SC Agency To Receive Borrower Complaints

SC Code 37-23-70(D) says:

(D) At the time of application for a mortgage loan, the mortgage broker, originator, or employee shall provide the borrower with a document specifying the agency designated to receive complaints or inquiries about the origination and making of the loan,…

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Document Updates: Illinois Land Trust Addendum to the Mortgage Note (Cx4937)

According to the signature requirements from Freddie Mac Seller Guide 5103.7(b)(i)(A), “[e]ach beneficiary of a Land Trust who is a Borrower must sign the Note in that beneficiary’s individual capacity.” Since it is the Land Trust beneficiaries who are required to sign the Note,…

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Global Data Integrity Checks: Remove Freddie Mac Restriction from Cooperative Loan Warning

ConformX has the following global Data Integrity Error that fires in non-Closing packages:

ConformX does not support cooperative loans that are for HELOCs, investment properties, junior liens, construction loans, PUDs, condominiums, or for any loans that are not conventional (i.e.,…

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Document Updates: SC Tangible Benefit Worksheet Logic Update (Cx2889)

We have updated the logic tied to one of the checkboxes on Cx2889. We are changing the field associated with the checkbox for “There is a beneficial change for the Borrower in the duration of the loan.” to Field 121766 “Net Tangible Benefit –…

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Document Updates: California HELOC Deed of Trust (Cx1362)

As previously announced, Docutech added optional subtitle functionality to all California Deeds of Trust.

In Cx1362 “HELOC Deed of Trust – CA,” the actual title that previously printed on the document was “DEED OF TRUST AND ASSIGNMENT OF RENTS.” Because the phrase “ASSIGNMENT OF RENTS” was contained in that title,…

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Document Updates: Address Update for Cx3852 MA Mortgage Review Board Notice, Cx16146 MA Insurance Disclosure and Cx18935 MA Insurance Disclosure (Credit Unions)

The Massachusetts Department of Banking has announced on their website that they will be moving. Starting February 7, 2025, all mail should be directed to:

One Federal Street, Suite 710
Boston, MA 02110-2012

Cx3852 MA Mortgage Review Board Notice,…

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Global Mapping Updates: Loan Has Tax Escrow (FI 61570)

Loan Has Tax Escrow (FI 61570) is used to designate that there is a tax item that is part of the escrow account on the loan. Recently the Loan Has Tax Escrow field was added as a print condition for several Illinois Mortgage Escrow Account Act documents,…

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Global Data Integrity Checks: Section 184 Exclusion for Case Number Format

We have changed the logic on one of our Data Integrity Checks for FHA loans, specifically, the DI Check Warning that triggers the message:

“You have a missing or invalid FHA Case Number. The correct format is ############ or ###-###### with the FHA Suffix entered.”

Currently,…

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New Document Creation: VI Final Financing Agreement Cx28078

We have created a new document for loans originating in the Virgin Islands. 9 V.I.C. 373 lays out the Virgin Islands’ requirements for a financing agreement. One of the requirements is that the financing agreement executed by the lender must be delivered to the borrower at least 72 hours before the time of settlement agreed to by the parties….

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Document Updates: Puerto Rico Recordable Documents Print in Legal Size

4 L.P.R.A. § 2055 states: “Public notarial documents shall be written on sheets of paper or folios fourteen inches (14) long by eight and a half inches (8 ½) wide.”

As such, the following documents have been formatted to print by default in legal size:

• • 3053 PR Mortgage 2021 (Cx25331)
  • 3053.1 PR Acceptance of First Mortgage 2021 (Cx25332)
  • 3140.53 PR Condo Rider 2021 (Cx25438)
  • 3150.53 PR PUD Rider 2021 (Cx25443)
  • 3170.53 PR 1-4 Family Rider 2021 (Cx25447)
  • 3890.53 PR Second Home Rider 2021 (Cx25450)
  • 3142.53 PR 5/6,

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Document Updates: Retirement of Kansas High LTV Consumer Notice (Cx1595)

We previously announced mapping adjustments due to Kansas updating the KS Uniform Consumer Credit Code. We have further reviewed the updates and determined that KS ST 16a-3-207 has been fully repealed, which was the governing provision for Cx1595 (KS High LTV Consumer Notice)….

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Document Updates: Lender’s Certification of Veteran Alive at Time of Closing (Cx16760)

VA Lenders Handbook M26-7, Chapter 9, Topic 8(c) states: “The lender must always verify that the Veteran is alive at the time of loan closing.”

When Cx16760 “Lender’s Certification of Veteran Alive at Time of Closing” was originally created,…

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Global Mappings and Document Updates: Illinois Mortgage Escrow Account Act

Documents related to the Illinois Mortgage Escrow Account Act in ConformX are required to be provided if the mortgage is not FHA-insured or VA-guaranteed, relates to the purchase of an owner-occupied, single-family residence, and an escrow account used to pay taxes is or may be required (765 Ill….

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