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Compliance News: Prepayment Penalty Matrix
May 15, 2025
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: HUD Announces Rescission of Multiple Appraisal Policy Mortgagee Letters
Mar 21, 2025
On March 19, 2025, the U.S. Department of Housing and Urban Development published Mortgagee Letter 2025-08 entitled Rescinding Multiple Appraisal ...
Topics: In the News, Compliance News Alert
Compliance Alert: CFPB Publishes final rules on PACE transactions
Jan 10, 2025
The CFPB has published finalized rules on Residential Property Assessed Clean Energy (PACE) transactions. The published rules and other resources can ...
Topics: In the News, Compliance News Alert
Compliance News: New York “What Mortgage Applicants Need To Know” Pamphlet
Dec 20, 2024
On December 13, 2024, New York Governor Kathy Hochul signed Assembly Bill A9686 which enacts NY Banking Law § 35 which contains a new requirement for ...
Topics: In the News
Compliance News: Reminder of October 31, 2024, Effective Date for Reconsideration of Value (ROV) Disclosure
Oct 23, 2024
Clients who have not yet submitted any needed customizations to accurately disclose their ROV process in Cx27674 “Notice of Right to Request a ...
Topics: In the News, Compliance News Alert
Compliance News: FHFA Announces Enterprise Reconsideration of Value Policies
May 10, 2024
On May 1, 2024, the Federal Housing Finance Agency released an announcement regarding Enterprise Reconsideration of Value policies. The announcement ...
Topics: In the News, Compliance News Alert
Compliance News: VA Announces New Document – VA Form 26-10291 “Assumption Entitlement Acknowledgement”
May 8, 2024
On April 25, 2024, the Department of Veterans Affairs released Circular 26-24-9. This circular discusses a new VA Form 26-10291 – Assumption ...
Topics: In the News, Compliance News Alert
Compliance News: New Mexico Financial Institutions Division Issues Clarification Regarding Freedom to Choose Insurance Company Notice
Jan 31, 2024
On January 10, 2024, the New Mexico Financial Institutions Division announced a clarification regarding the Freedom to Choose Insurance Company and ...
Topics: In the News, Compliance News Alert
Compliance News: Florida Witness Lines Now Optional in Fannie Mae Security Instrument (Form 3010) (Cx25288)
Oct 2, 2023
As previously announced by Docutech, Fannie Mae recently published the following:
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.
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