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Document Updates: New VA Services Loan Counseling Disclosure for New York (Cx26686)
Apr 7, 2023
As previously announced, New York State Assembly Bill A9493A adds a new disclosure requirement for VA loan counseling. This act is effective April ...
Topics: Document Updates
Balloon Payment Disclosure Updates for The Maryland Department of Labor, Licensing, and Regulation Disclosures (Cx13900, Cx13901, and Cx13902)
Mar 29, 2023
We are modifying our Maryland Department of Labor, Licensing, and Regulation Disclosures (Cx13900, Cx13901, and Cx13902), pursuant to COMAR ...
Topics: Document Updates
Compliance News: New York Adds New Disclosure Requirement for VA Loan Counseling
Mar 28, 2023
New York State Assembly Bill A9493A adds a new disclosure requirement for VA loan counseling. This act takes effect April 15, 2023.
Topics: In the News
Document Updates: Updates to VA Form 26-1817 (Cx14056) and VA Form 26-8261a (Cx3953)
Mar 27, 2023
Pursuant to our monthly audit of Federal Agency forms and to match the model forms made available through https://www.va.gov/find-forms/, we will be ...
Topics: Document Updates
Document Updates: Update to the Print Configurations for the NY Balloon Payment Disclosure (Cx4168)
Mar 22, 2023
Our NY Balloon Payment Disclosure (Cx4168) is provided for certain loans with balloon payments in New York. 3 NYCCR § 80.4 requires a balloon ...
Topics: Document Updates
Compliance News: VA Funding Fee Clarification – Circular 26-23-06
Mar 20, 2023
We have received several inquires from clients regarding changes to the VA funding fee as published in Circular 26-23-06. VA published Circular ...
Topics: In the News, Compliance News Alert
Document Updates: ME Notification To Buyer(s) of Withholding Tax Requirement (Cx1570)
Mar 15, 2023
Cx1570 is provided pursuant to Me. Rev. Stat. Ann. tit. 36, § 5250-A(2). The law states:
Topics: Document Updates
Global Data Integrity Checks: Revised FHA UFMIP and Annual MIP Rate Checks
Mar 9, 2023
As announced previously, the FHA Annual Mortgage Insurance Premium (MIP) rates were lowered for most mortgages by 0.30% as outlined in ML 2023-05. ...
Topics: Document Updates
Document Update: Fannie Mae Makes Witness Lines Optional in 07/2021 Texas Home Equity Security Instrument Form 3044.1 (Cx25323)
Mar 9, 2023
Fannie Mae recently updated the Instructions to Form 3044.1 – 07/2021 Texas Home Equity Security Instrument (Our Cx25323) by adding Paragraph 9 which ...
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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