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….
Tex. Prop. Code Ann. § 41.0021 allows the homestead exemption for certain types of trusts, namely inter vivos revocable trusts. The statute grants the homestead exemption when a settlor or beneficiary occupies and uses a property…and in which the settlor or beneficiary own a beneficial interest through a qualifying trust. …
Form HUD-92800.5B is provided pursuant to 24 CFR § 203.5(a) and FHA Single Family Handbook 4000.1 Pt. II, A.1.a.i(E)(2), A.3.c, A.4.e.i(B), A.5.d.x(B)(2), A.6.a.iv, A.7.b.xx, & A.8.i. We have made a minor field adjustment to the Specific Commitment Conditions section. We are switching the “See the following additional conditions…”…
Fannie Mae recently announced:
The instructions for all security instruments (excluding Puerto Rico) have been updated. This update only revised the “Limited Purpose Execution” Authorized Change language. This Authorized Change remains optional for use.
The Fannie Mae “Limited Purpose Execution”…
Pursuant to our monthly audit of federal agency forms, we have updated (Cx23) – 4506 Request for Copy of Tax Form.
Included in the (Cx23) updates are:
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The Section 184 Indian Housing Loan Guarantee Program and Section 184A Native Hawaiian Housing Loan Guarantee Program documents are available through ConformX. An FHA loan program should be used for Section 184/184A loans to ensure the proper documents print, including a 4% late charge….
The Texas Finance Commission has adopted rules proposed by the Texas Department of Savings and Mortgage Lending. These rules were published in the November 15, 2024 edition of the Texas Register. These changes are effective November 23,…
Pursuant to our monthly audit of Federal Agency forms our teams found that that HUD Important Notice to Homebuyers 92900-B (Cx40) and HUD Addendum to Uniform Residential Loan Application Form 92900-A (Cx24442) required updates. We are updating the following forms to match the model forms listed on the HUD website….
Cx15312 is a duplicate of the Model A-3/H-3 Form provided by the Federal Trade Commission, Federal Reserve Board, and Consumer Financial Protection Bureau pursuant to the provisions of 15 USCA § 1681m(h) and 12 CFR §§ 222.74(d)(1), 1022.74(d)(1), and 16 CFR § 640.5(d)(1)….
Per SC Code 1976 § 30-5-30, on all written instruments (except for mortgage satisfactions), there must be two witnesses including either a probate verification (SC Code 1976 § 30-5-30(A)) or an acknowledgment statement (SC Code 1976 § 30-5-30(B)).
With a probate verification,…
