Stay ahead with trusted industry insights and compliance updates.
Document Updates: ARM and Balloon PMI Disclosures (Cx862, Cx4668, Cx14293, and Cx14294)
Jul 17, 2020
Pursuant to an internal review, Docutech is adjusting the language on our ARM and Balloon PMI disclosures to more closely mirror the language of the ...
Topics: Document Updates
Product Updates: New Support for Cooperative Loans Sold to Freddie Mac
Jul 13, 2020
At the beginning of this year, the Federal Home Loan Mortgage Corporation (“FHLMC”) announced that, “to provide transparency to our Sellers, we are ...
Topics: Document Updates
New Document: OR Forbearance Accommodation Disclosure (Cx24147)
Jul 10, 2020
Oregon recently enacted legislation requiring certain types of forbearance accommodations for mortgage loans. OR HB 4204, § 1(9) (2020) requires the ...
Topics: Document Updates
Document Updates and Retirements: Massachusetts HCL Disclosures on URLA (Cx4193 & Cx20667), MA High Cost Loan Application Disclosure (Cx3742), & MA High Cost Loan Payment Disclosure (Cx3746)
Jul 10, 2020
Formerly under Mass. Regs. Code tit. 209, §§ 32.32(3)(f)(1) & 40.04(6)(a), the following was required:
Topics: Document Updates
Document Retirement: MA Deferment of Smoke and Carbon Monoxide Detector Installations (Cx23809)
Jul 10, 2020
On March 20, 2020 Gov. Charlie Baker (R-MA) issued COVID-19 Order No. 12, which permitted the conditional deferrals of certain inspections on home ...
Topics: Document Updates
New Documents and New Programs: Interest Only and Non-Assumable Secured Overnight Financing Rate (“SOFR”)
Jul 9, 2020
Interest Only SOFR Support has been added for several new Interest Only SOFR products under the “Custom Programs” investor (CSTM) in ConformX.
Topics: Document Updates
Document Updates: CO Lock-In Disclosure (Cx13134) and CO Dual Status Disclosure (Cx14095)
Jul 8, 2020
Cx13134 is provided pursuant to Colo. Rev. Stat. Ann. § 12-10-725(2) and 4 Colo. Code Regs. Pt. 725-3, while Cx14095 is provided pursuant to Colo. ...
Topics: Document Updates
Compliance News: Missouri Amends Laws Affecting Notaries
Jul 8, 2020
On July 6, 2020 Gov. Mike Parson (R) signed into law MO H.B. 1655 (2020), which (inter alia) repeals many of the laws currently affecting notaries ...
Topics: In the News, Compliance News Alert
Compliance News: Oregon COVID-19 Related Forbearance Disclosure
Jul 7, 2020
On June 30, 2020 Gov. Kate Brown (D) signed into law OR HB 4204 (2020), which “establishes temporary limitations on lenders being able to enforce ...
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.
Matrices
Access our compliance matrices.
- Cooperative Matrix
- State Disclosure Matrix
- Federal Disclosure Matrix
- FHA Disclosure Matrix
- FNMA-FHLMC Matrix
- Foreign Language Disclosure Matrix
- Late Fee Matrix
- Late Fee ConformX® Matrix
- Net Tangible Benefit Matrix
- Notary Form Acknowledgement
- Prepayment Penalty Matrix
- Recordable Instruments Matrix
- USDA Matrix
- VA Matrix
TRID Center
Expand your knowledge and understanding of TRID 1.0 and 2.0 with these TRID resources.
- TRID 2.0 Updates: Closing Disclosure (Cx18566) and Spanish Closing Disclosure (Cx18991) – Principal Reduction Verbiage
- DI Check Update: Warnings and Errors for Second Lien Loans Exempt from TRID
- Global Mapping Updates: Field “Integrated Disclosure Loan Indicator” and Second Liens Exempt from TRID
- TRID 2.0 Updates: Closing Disclosure (Cx18566) and Spanish Closing Disclosure (Cx18991) Changing Prepaid Interest From 0 to 0.00.
- TRID 2.0 Updates: Post-Consummation Construction Fees
- TRID 2.0 Updates: Prepaid Interest, Payoffs and Payments, and Monthly Escrow Payment Changes
- TRID 2.0 Document Updates: Loan Estimate (Cx18565) and Spanish Loan Estimate (Cx18990) – Closing Costs Expiration Changes
- System Doc Updates: Promissory Notes, Integrated Disclosures, and Land Trusts
- Document Updates: DC Lock-In Agreement (Cx10455)
- TRID 2.0 and Construction Loans
- TRID 2.0 Change: Excluding NPEs from “Borrower” on the Closing Disclosure
- Document Updates: Loan Estimate (Cx18565) and Closing Disclosure (Cx18566) for Construction-to-Permanent
- TRID 2.0 – What Differs from the Proposed Version
URLA Resources
View helpful URLA Compliance resource articles and blog posts.
- URLA Resource Center
- Redesigned Uniform Residential Loan Application
- Compliance News: New URLA Implementation Timeline
- Recent Changes: Know Before You Owe Proposal and New Uniform Residential Loan Application
- 1003 Demographic Information Addendum
- URLA and Data Collection Model Form Updates
- Updates to New FNMA Form 1003
- New Field Mapping and Configuration Update: Print 1003 Demographic Information Addendum
- ULI on FNMA Form 1003 and Demographic Information Addendum
- FHFA Launches Language Translation Disclosure
- FHFA Outlines Plans for Language Access Support
- Notice to Borrowers about Language (Cx22719)
- 2009 and 2018 versions of FNMA Form 1008/FHLMC Form 1077
- Updated FNMA Form 1008
- FNMA Form 1008 Changes and Updated Second Home Rider
- FNMA Indefinitely Postpones Form 1008 Mandatory Effective Date
- Compliance News: Updated FNMA Form 1008
- FNMA Form 1008 Usage Change and Relaxed Late Charge Requirements
- Fannie Mae Selling Guide Announcement
- 1008 Uniform Underwriting and Transmittal Summary – 12/2018
- Global Mapping and Document Changes: Redesigned URLA and UUTS
- Document Updates
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