Before United Community Mortgage Services’ Kathy Weber can even describe how emerging technology is necessary to manage accuracy and compliance for the boatload of new mortgage documents required in the post-crash world,…
DocuTech has added Secured Automated Document Delivery via sFTP to its flagship document compliance software, ConformX®.
ConformX’s sFTP functionality creates a snapshot of every loan disclosure package as it is generated. This enables lenders to better track and manage documents requiring borrower signatures,…
DocuTech has again been honored by Mortgage Technology magazine as one of this year’s Top 50 Service Providers.
DocuTech excelled in the following four areas considered in Mortgage Technology’s listing requirements, which cite the company’s achievements in customer,…
In a recent case decided before the United States Court of Appeals for the Tenth Circuit, the court ruled that a written notice alone is insufficient for a consumer to rescind a loan under the rescission provisions of the Truth-in-Lending Act….
In a recent bankruptcy case (In re Crane, BR 11-90592, 2012 WL 669595 [Bankr. C.D. Ill., Feb. 29, 2012]), the United States Bankruptcy Court for the Central District of Illinois held that for a mortgage to provide constructive notice to a bona fide purchaser or a trustee in bankruptcy,…
Cx2783 is a multi-state document which is provided for various states which require a written agreement in connection with the collection of advance fees (e.g. application, appraisal, and credit report fees).
One of the states that require this agreement is Tennessee,…
IDAHO FALLS, IDAHO, June 28, 2012 – DocuTech Corp. (DocuTech), a leading provider of mortgage compliance documents, closing documents and initial disclosures for the mortgage industry, has again been honored by Mortgage Technology magazine as one of this year’s Top Service Providers….
On March 6, 2012 Governor Bob McDonnell (R-VA) approved VA HB 761. This Bill amended, in part, Va. Code Ann. §17.1-223(A) to allow clerks to reject any deeds submitted for recording, “unless the deed states on the first page of the document that it was prepared by the owner of the real property or by an attorney licensed to practice law in [Virginia] where such statement by an attorney shall include the name and Virginia State Bar number of the attorney who prepared the deed.”
Chapter 2,…
On December 21, 2011, the Bureau of Consumer Financial Protection (CFPB) published an interim rule in the Federal Register (76 FR 79308-01), substantively compiling the various rules issued by various agencies which enforce the Fair Credit Reporting Act (codified as 15 USCA §§1681 et seq.),…
The FHA Deed of Trust for Nebraska has been modified so the Request for Reconveyance is no longer attached as the last page. Pursuant to Nebraska and Federal law, the Request for Reconveyance is not required as part of the DOT and it has been removed….
