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….
We are making an update to a field on our Interest Rate Reduction Refinancing Loan (IRRRL) Worksheet (Cx5535). Clients can choose to use financed discount points on the IRRRL Worksheet instead of all discount points. This functionality is triggered by setting field 143184 “VA IRRRL Worksheet – Use Financed Discount Points” to ‘Yes’,…
Cx3971 is provided pursuant to 24 CFR 203.12(b)(2) and the SFH Handbook 4000.1 II.A.5.d.ix(A)(2)(b) which requires a Builder’s Certification of Plans (HUD 92541) to be submitted in the case file for construction loans. HUD has published an updated form that updates several of the internal legal references. …
SFH Guaranteed Loan Program Technical Handbook HB-1-3555 Ch. 12 Sec. 3-12.9.A. states:
“Lenders must provide applicants with Form HUD-92564-CN, For Your Protection:
Get a Home Inspection, with evidence maintained in the lender’s permanent loan file.”
As such,…
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.”
Cx1062 has been updated with the addition of Paragraph 3(C) “Acceptance and Application of Partial Payments” to Paragraph 3 “Payments” which is specific to New Hampshire notes….
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….
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,…
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….
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:
…
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,…
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,…
