On January 17, 2023, the VA published VA Circular 26-23-3 and VA Circular 26-23-4 regarding revisions to VA Form 26-1820 “Report and Certification of Loan Disbursement”, the discontinuation of VA Form 26-1802a “HUD/VA Addendum to the Uniform Residential Loan Application”,…
HUD has just issued FHA ML 2023-05 (available at: https://www.hud.gov/program_offices/administration/hudclips/letters/mortgagee), which announces reductions to annual mortgage insurance premium (MIP) rates and modifies the base loan amount threshold used to establish MIP rates to the conforming loan limit….
Fannie Mae and Freddie Mac (the Government Sponsored Enterprises [GSEs]) sent out a reminder that lenders are required to use the updated Supplemental Consumer Information Form (SCIF; Form 1103) and include it in the loan file for conventional loans sold to the GSEs with application dates on or after March 1,…
Wash. Rev. Code Ann. § 60.04.255(1) requires property lenders to provide informational material described in Wash. Rev. Code Ann. § 60.04.250 to any one “obtaining loans, the proceeds of which are to be used for residential construction or residential repair or remodeling.”
The forms described in Wash….
The IRS sent out Form 4506-C 10/2022 Version Reminder which states “Effective March 1, 2023, prior versions will only be accepted if signed and dated by the taxpayer by Feb 28, 2023. Form 4506-C signed on March 1,…
The “KS High LTV Consumer Notice” (Cx1595) discloses to the borrower that their loan has a high LTV ratio and suggests that the borrower considers credit counseling (Kan. U.C.C. Ann. §16a-3-207[3[[b] & [4]). This notice is required to be given three days before closing when the loan is subject to the KS UCCC,…
After a review of the language that prints for our signature lines for trusts, we have decided to update our standard Trust Riders and Trust Acknowledgments to permit the signatures and names in those documents to reflect any amendment date in the legal name of the trust….
On February 1, 2023, Commissioner Wesley R. Bennett of the Indiana Department of Local Government Finance announced the update of Indiana Property Tax Benefits Form 51781 (Cx14885).
The main changes are:
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A Social Security number (SSN) is a unique number assigned by the Social Security Administration to aid in identification for several purposes, including authorization to work, aiding in tax collection, determining eligibility for government services, and more. Social Security numbers are intended to be a secure means of identification,…
As announced earlier, the new clean version of the 4506-C standard forms are available for ink sign use in ConformX Production servers. We are pleased to announce that the eSignature problem in the “Signature for Line 1a (see instructions)” or “Spouse’s signature (required if listed on Line 2a)” boxes on the new forms have been corrected in the last ConformX/Solex software release,…
