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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
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
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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