Stay ahead with trusted industry insights and compliance updates.
Document Changes: Edit to NY Junior Lien Disclosure (Cx5283)
Aug 15, 2024
In accordance with NYCRR & Regs. tit. 3, § 80.10(b), the following disclosure should be provided for revolving credit line secured by a junior ...
Topics: Document Updates
Document Changes: Signature Change to Inter Vivos Revocable Trust Rider (Cx21131)
Aug 12, 2024
Currently, our Inter Vivos Revocable Trust Rider (Cx21131) prints with signature options that are coded in the document. After some research ...
Topics: Document Updates
Compliance News: Extension Announced for Effective Date of Reconsideration of Value (ROV) Policies
Aug 6, 2024
After industry feedback, on August 6, 2024, Fannie Mae, Freddie Mac, and FHA released announcements regarding the extension of the implementation of ...
Topics: Compliance News Alert
Document Updates: Enhanced Prepayment Penalty Addendum, Rider and Disclosure (Cx12387, Cx12388 and Cx12389)
Aug 5, 2024
As a result of a routine audit of our prepayment language, the Colorado and Montana versions of Cx12387 Enhanced Prepayment Penalty Addendum, Cx12388 ...
Topics: Document Updates
Document Updates: Fannie Mae Updates 07/2021 Kentucky Security Instrument Form 3018 (Cx25296, Cx26133, and Cx484)
Aug 1, 2024
Fannie Mae recently announced revisions to Definitions (B) & (C) and the paragraph for “Transfer of Rights in the Property” in the Model Form for ...
Topics: Document Updates
Document Update: Power of Attorney Logic Added to Notary Block in Texas Notice of Penalties for Making False or Misleading Statement (Cx12309)
Jul 30, 2024
In Docutech’s ongoing efforts for having consistency throughout its documents, Power of Attorney/Attorney-In-Fact logic has been added to the notary ...
Topics: Document Updates
Document Updates: New Ohio Dual Capacity Disclosure (Cx27678)
Jul 30, 2024
The introduction of the new Ohio Dual Capacity Disclosure was recently announced by the Ohio Department of Commerce. Docutech has added the Ohio Dual ...
Topics: Document Updates
Document Update: Fannie Mae Updates Notice of Default Paragraph in 07/2021 Connecticut Security Instrument Form 3007
Jul 29, 2024
Fannie Mae recently announced that the Model Form for the Connecticut Security Instrument (Form 3007) has been revised to increase clarity in ...
Topics: Document Updates
Document Updates: New First-Generation Homebuyer Certification (Cx27698)
Jul 29, 2024
The introduction of the new First-Generation Homebuyer Certification (Fannie Mae/Freddie Mac Form 1109) was recently announced by Fannie Mae and ...
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.
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