Compliance Docutech (22)

Stay ahead with trusted industry insights and compliance updates.

Global Mapping Changes: Requesting eNote Indicator and Note Registry Operator for Maine

Sep 12, 2024

MERS is not named as the original mortgagee of record in the Maine security instrument for loans that are to be registered with MERS (Mortgage ...

Topics: Document Updates

New DI Check and System Default: New York PMI for Co-op Properties

Sep 12, 2024

New York Insurance Law §6501(c)(3) states that for a cooperative ownership in real estate (co-op) the issuance of mortgage insurance must be based on ...

Topics: Document Updates

Document Updates: eSign Enhancements Available for Several Documents

Sep 11, 2024

As part of Docutech’s efforts to enhance all documents for eSign capability, these documents are now available with a generic option for eSign:

Topics: Document Updates

Document Updates: NY Consolidation, Extension and Modification Agreement (Cx1583) & NY HELOC Consolidation, Extension and Modification Agreement (Cx23134)

Sep 11, 2024

Fannie Mae Requirements of Document Custodians Guide section 8.3 Consolidated Mortgages states that “All persons signing the Consolidated Note must ...

Topics: Document Updates

Document Updates: Warranty of Completion of Construction – HUD-92544 (Cx47)

Sep 6, 2024

Pursuant to our monthly audit of federal agency forms, we have updated Cx47 “Warranty of Completion of Construction – HUD-92544.” Since the VA has ...

Topics: Document Updates

Document Updates: Disclosed By Label and Name (Multiple State Disclosures)

Sep 5, 2024

Several state disclosures contain optional coding that allows the user to print a Disclosed By Company Label (FI 46034) in place of the standard ...

Topics: Document Updates

Document Updates: Enhanced Prepayment Penalty Addendum (Cx12387), Enhanced Prepayment Penalty Rider (Cx12388), and Enhanced Prepayment Penalty Disclosure (Cx12389)

Sep 4, 2024

Wis. Stat. § 428.207(2)(b) states:

Topics: Document Updates

Document Updates: ID Mortgage Banker Application (Cx2688)

Aug 28, 2024

In November of 2023, the Idaho Department of Finance issued a notice of rulemaking that would no longer require lenders to disclose to the borrower ...

Topics: Document Updates

Document Update: Power of Attorney on Guarantor Documents

Aug 15, 2024

We are enhancing our document capabilities for guarantor documents that will be signed by an attorney in fact using power of attorney. This is an ...

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.