230 RICR 40-10-3.5(A)(1)(a) and (B)(a)(2) require a net tangible benefit to the borrower for Home Loans. (A)(1)(g) and (B)(a)(6) require the use of Form 3 as “provided in a bulletin issued by the Department for that purpose”. The Department has published two forms,…
Ga. Code Ann. § 7-1-1014(3) requires mortgage lenders to disclose to each borrower that failure to meet every condition of the mortgage loan may result in the loss of the borrower’s property through foreclosure. This disclosure is required to be signed by the borrower at closing. …
On February 14, 2025, the State of New York passed a law amending Bills S7125A & A5073A which revised the flood insurance disclosure language in NY Real Property Law § 283. This law takes effect on May 15, 2025.
The flood disclosure language previously read:
“Please note that the flood insurance we are requiring you to purchase will only protect your creditor or lender’s interest in your property….
The Arkansas Legislature passed Senate Bill 240 which repealed Arkansas Code §4-93-104(a)(4). Subsection (4) previously required the adverse action notice to contain the Social Security number of the consumer. Now that subsection (4) has been repealed we are retiring Cx15905 for Arkansas which discloses the Social Security number….
Montour County, Pennsylvania, recently sent out a letter requiring space for recording information on all recorded documents. To accommodate this requirement, we have added a 2.5-inch margin on the bottom of the last page of all security instruments, assignments, and loan modifications when field 1714 “Property State”…
There are two notary certificates that print in Maryland security instruments:
…
The California Department of Financial Protection and Innovation recently announced that its Sacramento Office has been relocated, and all mail should be directed to:
651 Bannon Street, Suite 300
Sacramento, CA 95811
Consequently, Cx991 “CA Fair Lending Notice” and Cx16170 “CA Fair Lending Notice” have been updated to print the new CA DFPI address when:
(For Cx991) Field 18205 “Lender Is A Broker” = No
OR
(For Cx16170) Field 51790 “California License Type (Lender)” is one of the following:
…
To be more consistent with the information required in the “Parties” definitions in the Fannie Mae/Freddie Mac first lien security instrument model forms, Docutech has added the Trustee address to all second lien Deeds of Trust.
Small grammatical updates have also been made so that the references “Trustor,” “Trustee,” “Grantor,” “Grantee,” and “Lender” appear directly after the corresponding populated fields….
Cx16920 is provided upon request pursuant to R.I. Gen. Laws Ann § 44-30-71.3 and 280 R.I. Code R. §§ 20-10-1.7(H), 20-10-1.8(B), 20-10-1.10, 20-10-1.12(D). The document is based on the following forms published by the Rhode Island Division of Taxation on their website:
We have updated Cx16920 to match the latest versions of these forms….
The Maryland Office of Financial Regulation recently announced that it has physically relocated, and all mail should be directed to:
100 S. Charles Street, Tower 1, Suite 5300
Baltimore, MD 21201
As such, the following document has been updated:
Cx13909 MD Net Tangible Benefit Worksheet
This change is available for testing on Stage &…
We have updated item 4 of our Builders Certification – HUD-92541 (Cx3971). Previously, the form was missing a blank line on item 4 to indicate which International Energy Conservation Code (IECC) the property complies with. That line has been added….
To accommodate Texas Home Equity Line of Credit (HELOC) lending for second homes and investment properties, Docutech has included dynamic non-50(a)(6) language in Cx21376 “HELOC Deed of Trust – TX” and in the Texas version of Cx21652 “HELOC Agreement” when:
Field 29932 –…
According to ME. Rev. Stat. Ann. tit. 36, § 5250-A, “a real estate escrow person” can be liable for withholding tax unless a written notification is provided to the buyer and the transaction is subject to Maine withholding tax. Docutech provides Cx1570 to provide this notice to the buyer….
If the ConformX fields used to populate the “Year or period requested” sections of IRS Forms 4506-C “IVES Request for Transcript of Tax Return” and 4506 “Request for Copy of Tax Return” are not set, the first two loan level dates default to the last day of the previous two calendar years….
On April 2, 2025, Fannie Mae announced revisions to the West Virginia Security Instrument (Form 3049), effective immediately. We have updated West Virginia Security Instrument Form 3049 (Cx25328), FHA West Virginia Deed of Trust (Cx26166) and WV Deed of Trust Second (Cx516) to align with the updates….
San Francisco Bus. & Tax Regulations § 1102.1 requires that:
“Every document pertaining to real property that is submitted for recordation needs to show on the face of the document the Assessor’s current parcel number, or numbers, and the commonly-know situs and/ or street name and number of the real property described therein.”
As the Parcel Identification Number is already printing on CA Deed of Trust 2021 (Cx25283) and FHA CA Deed of Trust 2021 (Cx26120),…
Cx1507 is provided pursuant to the provisions of N.J. Stat. Ann. §§ 17:16F-17, 54:5-64(c), & 54:5-104.48 and N.J. Admin. Code §§ 5:33-4.3 & 5:33-4.4 and it is a duplicate of “Form ME1 – Initial Tax Authorization Notice” published on the New Jersey Department of Community Affairs website (https://www.state.nj.us/dca/divisions/dlgs/programs/tax_collector.html)….
After review, it was discovered in both Cx494 “NC Deed of Trust Second” and Cx509 “Tennessee Deed of Trust Second (Cx509)” that at the end of the first paragraph where it reads:
(“Lender”) is organized and existing under the laws of __________,…
Mass. Gen Laws Ann. Ch. 140, §114B allows for “a delinquency charge on any payment not paid in full within fifteen days of its due date in an amount equal to ten percent of the outstanding balance or ten dollars,…
We have updated the South Dakota Notary for Remote Online Notarizations (RON) to match the model form found in the South Dakota Notary Public Handbook. The notary block now includes the remote location of the signer as well as wording that indicates the Notary was performed using a tamper-evident electronic notarization system….
