Compliance Docutech (19)

Stay ahead with trusted industry insights and compliance updates.

Document Updates: Expanded Guarantor Signature and Print Functionality (Various Documents)

Dec 20, 2024

Typically, loan guarantors can be defined as a party to the loan that do not sign the security instrument or the note, but do sign a guaranty ...

Topics: Document Updates

Global Mapping and Document Updates: Subject to Kansas Uniform Consumer Credit Code (Field 23011) and KS UCCC Addendum (Cx4448)

Dec 20, 2024

Kansas has made updates to the Kansas Uniform Consumer Credit Code (UCCC). Among the updates is a new definition for “covered transaction” to include ...

Topics: Document Updates

Compliance News: New York “What Mortgage Applicants Need To Know” Pamphlet

Dec 20, 2024

On December 13, 2024, New York Governor Kathy Hochul signed Assembly Bill A9686 which enacts NY Banking Law § 35 which contains a new requirement for ...

Topics: In the News

Document Updates: New NY Flood Insurance Disclosure (Cx28044)

Dec 20, 2024

On December 13, 2024, New York Governor Kathy Hochul signed Assembly Bill A5073A which immediately enacted NY Real Property Law § 283 which contains ...

Topics: Document Updates

Document Updates: New Texas Correspondence Disclosure (Cx28042)

Dec 20, 2024

On November 23, 2024, Texas Department of Savings and Mortgage Lending adopted various new rules. See blog posts here and here. One of the new ...

Topics: Compliance Resources

Global Data Integrity Check and Document Updates: Puerto Rico

Dec 19, 2024

ConformX supports the Puerto Rico Uniform Instruments posted by FNMA/FHLMC. Several updates have been made to these documents.

Topics: Document Updates

Document Updates: Cx2797 CA Consumer Caution and Home Ownership Counseling Notice

Dec 17, 2024

Our California Consumer Caution and Home Ownership Counseling Notice (Cx2797) is given pursuant to Cal. Fin. Code §4973(k) which requires a “Consumer ...

Topics: Document Updates

Font Size Change For Various Texas Disclosures

Dec 17, 2024

Texas has updated its document requirements for various disclosures to require at least 12 point font starting January 1, 2025. See 7 TAC § 55.3, 7 ...

Topics: Document Updates

Global Mapping Updates: State Funding Type (Field 23043) for Utah

Dec 17, 2024

Global standard value field mappings are used within ConformX to set State Funding Type (FI 23043) as either a “Wet” or “Dry” funding state. ...

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.