As announced earlier, the new clean version of the 4506-C standard forms are available for ink sign use in ConformX Production servers. We are pleased to announce that the eSignature problem in the “Signature for Line 1a (see instructions)” or “Spouse’s signature (required if listed on Line 2a)” boxes on the new forms have been corrected in the last ConformX/Solex software release,…
We have revised the CA Notice to Cosigner (Cx886) to be to more closely aligned with the model form published on the Department of Financial Protection and Innovation (DFPI) website. The document now discloses the notice in English,…
Pursuant to our monthly audit of Federal agency forms, we will be updating Cx2283, For Your Protection Get a Home Inspection, to match the recent updates posted on the HUD website. The major change was updating the expiration date from 6/30/2021 to 7/31/2025….
Pursuant to our monthly audit of federal agency forms, we will be updating Cx19212, USDA-RD Origination Stacking Order Checklist, to match the updated form on the USDA-RD website. The changes include:
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The VA posted Circular 26-23-3 (Change 1) and Circular 26-23-4 (Change 1) today listing “PURPOSE:” postponing the effective date of these Circulars from February 1, 2023 to April 1, 2023.
The changes announced in Document Updates to VA Forms 26-1820 (Cx52),…
Cx3039 NV Deed of Trust HELOC has been updated to improve functionality of the document. Previously, names for the paragraph starting with “LOAN: The Deed of Trust…” were pulled from Field 2226 Borrower Vesting, which pulls names from the security instrument….
On January 17, 2023, the VA published Circular 26-23-3 and Circular 26-23-4 regarding revisions to VA Form 26-1820 “Report and Certification of Loan Disbursement”, the discontinuation of VA Form 26-1802a “HUD/VA Addendum to the Uniform Residential Loan Application” and VA Form 26-0503 “Federal Collection Policy Notice”,…
We have updated Cx14056, VA Form 26-1817, Request for Determination of Loan Guaranty Eligibility – Unmarried Surviving Spouses.
The changes were made to conform to the most recent model document published by the VA. Although the dates on the form have not changed,…
The Consumer Financial Protection Bureau has published a notice announcing they have updated their brochure entitled What You Should Know About Home Equity Lines of Credit. We have updated our Cx9925 to match their updated brochure,…
Docutech has updated the address in the “Notice” section near the bottom of page one of our North Dakota Money Broker Contract (Cx1904). While an amendment is still pending to update N.D. Admin. Code § 13-05-01-09, the North Dakota Department of Financial Institutions has advised Docutech to go ahead and print the new address of “1200 MEMORIAL HWY,…
Following a routine audit of VA forms, Docutech revisited the issue of the conflicting information from the VA concerning the use of electronic signatures on official VA forms.
In August of 2013, the VA issued Circular 26-13-13, the purpose of which was to clarify that electronic signatures are acceptable for use in conjunction with the VA Home Loan program….
The “Informed Consumer Choice Disclosure” is a model form available online at FHA Model Documents SF. Regulations for this document require that the loan information table, which appears in the middle of the model form, be updated periodically to “reflect prevailing market conditions” (see 24 CFR § 203.10[d])….
As previously announced, MERS published an announcement on August 15, 2022 regarding its 22.2 release for the MERS System/Procedures. Included in their announcement was an update to the MERS physical address for Indiana, Mississippi, New York, and Pennsylvania….
As previously announced, on May 5, 2022, Acting Commissioner of Financial Regulation David F. Provost signed an Order In Re: High Rate Mortgage Loan Disclosure which temporarily suspended until December 31, 2022 the disclosure requirements pursuant to Regulation B-98-2 (Vt….
As in previous years, the Consumer Financial Protection Bureau (“CFPB”) has updated a couple of the dollar amounts specified in various parts of Federal Regulation Z (12 CFR Pt. 1026), which amounts are required to be adjusted annually for inflation….
Our standard HELOC Important Terms document (Cx21651) has a table that shows how the Annual Percentage Rate and the minimum monthly payments for a single $10,000 credit advance would have changed based on changes in the index over the past 15 years….
Docutech’s fulfillment center has traditionally been open for processing and mailing packages every day except Sundays and Docutech holidays, or legally designated/observed holidays if the Docutech holiday falls on a Saturday or Sunday. The list of Docutech holidays is as follows:
To accommodate accelerated closing timelines,…
As announced earlier, FNMA and FHLMC have published revised uniform instruments that must be utilized for loans delivered to the GSEs with note dates on or after January 1, 2023. Although the documents released were allowed to be used immediately upon publication,…
As previously announced, California Senate Bill No. 633 amends requirements for consumer credit contracts, particularly those regarding the Notice to Cosigner. These amendments are effective January 1, 2023.
Per an introductory paragraph of Senate Bill No….
For those circumstances where the borrower or non-borrowing party have an individual with power of attorney signing for them, we are updating our Signature/Name Affidavits (Cx865 & Cx7965) to provide additional clarity around which party the person with power of attorney is signing for,…
