Compliance Docutech (48)

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Document Updates: Additional Text for Guarantors on Redesigned FNMA Form 1003 (CX 20667), and Spanish Translation Aid 1003 Uniform Residential Loan Application Form 65 (Cx20668)

Jun 15, 2022

We have updated FNMA Form 1003 (Cx20667) and 1003 Spanish Translation Aid 1003 Uniform Residential Loan Application Form 65 (Cx20668) to support ...

Topics: Document Updates

Document Updates: New Fannie Mae (FNMA) Uniform Legal Instruments

Apr 1, 2022

On July 7, 2021 Fannie Mae (FNMA) published a selling guide announcement about the release of their updated uniform legal instruments (see ...

Topics: Document Updates

Document Updates: NEW NY Alternative Payment Schedule Notice (CX 25560)

Mar 11, 2022

NY SB S1566A was signed into law on November 3, 2021, adding Section 129-a to the New York Banking Law. The new law, which became effective on ...

Topics: Document Updates

Document Updates: Updates to VA forms 26-8923 (Cx5535) and 26-1805 (Cx14216)

Feb 15, 2022

In December of 2021, the models for VA forms 26-8923 (Cx5535) Interest Rate Reduction Refinancing Loan Workout and 26-1805 (Cx14216) Request for ...

Topics: Document Updates

Global Mapping Update: Print Balloon Payment Disclosure

Feb 14, 2022

The field “Print Balloon Payment Disclosure” (FI 143027) is used to trigger balloon disclosures to print for other types of loans which have a ...

Topics: Document Updates

Document Updates: Various Washington Security Instruments

Feb 11, 2022

As is common in the mortgage industry, First American Docutech generally provides a “Prepared By” section on security instruments. This section is ...

Topics: Document Updates

Document Updates: New Hampshire Notarial Requirements for RON

Jan 28, 2022

New Hampshire Senate Bill 134 enacts the Revised Uniform Law on Notarial Acts, including provisions for notarizations on electronic records and for ...

Topics: Document Updates

Document Updates: Updates to Social Security Number Verification (Cx5579)

Jan 26, 2022

According to the instructions for the SSA-89, the form is required to be completed for each “reason for authoring consent.” The form has several ...

Topics: Document Updates

Compliance News: Prepayment Penalty Matrix

Jan 18, 2022

The Ohio Department of Commerce has announced an increase in the coverage amount for a residential mortgage to be subject to, or exempt from, a ...

Topics: In the News, Compliance News Alert

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.