Source: http://blog.docutechcorp.com/category/document-updates
Timestamp: 2018-01-18 05:56:04
Document Index: 476815428

Matched Legal Cases: ['§ 44', '§ 27388', '§ 1026', 'art 1026', '§ 80', '§ 80']

Document Updates Archives - Docutech
Currently there is language in our Assignee Blank set of assignments that refers to the Assignor as a “corporation”. We have modified these references to allow for different entity types (Ie. Corporations, Partnerships, LLCs) by utilizing field 1048 “Lender Is a”, which will give clients more flexibility to use different entity types when applicable. These […]
Due to a recent document audit, we are updating our version of Indiana State Form 51781 (our Cx14885), to align with the updated model form that is available on the Indiana Department of Local Government Finance site located here: (http://www.in.gov/dlgf/8516.htm#Deductions). This form is required to be provided to customers, in connection with first lien purchase […]
On May 1, 2017 we announced updates to our ConformX Late Fee Defaults (see http://blog.docutechcorp.com/late-fee-updates-late-fee-defaults-matrices-updates). We have subsequently reviewed these defaults and will be making the following changes: Illinois – Rather than having a separate rule for Illinois high risk home loans, we will be merging this rule with the current rule applicable to Federal […]
Similar to the changes made on Docutech’s ARM Disclosures to accommodate both Type A and Type B construction loan interest disclosure types, we are also enhancing the Escrow Account Disclosure (Cx7605) and the First Payment Letter (Cx7606) to allow for both disclosure methods. For Construction and Construction-to-Permanent loans that are charging escrow amounts during the […]
As previously announced, OH HB 199 (2017) was recently enacted to reform Ohio’s statutes concerning mortgage lending (see http://blog.docutechcorp.com/compliance-news-ohio-reforms-mortgage-lending-laws). A preliminary review of this bill against our document library reveals that the following documents may be retired as generic documents: “OH Mortgage Loan Origination Disclosure” (Cx3472) – Provided pursuant to Ohio Rev. Code Ann. § […]
In July 2015, Ga. Code Ann. § 44-5-30 was revised to remove the requirement for an acknowledgment for certain real property instruments, but requires these documents to be “attested” by the Notary and signed by one other witness. With this in mind, and to more closely comply with Fannie Mae’s Georgia Uniform Instrument Form 3011, […]
This past year, Cal. Gov’t Code § 27388.1 was created permitting recording offices to charge an extra $75 for “every real estate instrument, paper, or notice required or permitted by law to be recorded, except those expressly exempted from payment of recording fees, per each single transaction per parcel of real property” (see 2017 Cal. […]
Our most widely-used ARM Disclosures (Cx13457 and Cx14089) provide the disclosures required under 12 CFR § 1026.19(b). Pursuant to a review, Cx13457 and Cx14089 are being modified to enhance the disclosures for ARM Construction and Construction-to-Permanent loans. Appendix D to Part 1026 allows two different disclosure methods to be used to estimate the interest portion […]
Chapter 15, Title 45 of Idaho’s Code sets forth the requirements applicable to trust deeds. A “trust deed” is “a deed executed in conformity with this act and conveying real property to a trustee in trust to secure the performance of an obligation of the grantor or other person named in the deed to a […]
As previously announced, Texas administrative law has been amended, which amendments include modifications to the “Texas Required Disclosure Form” set forth in 7 Tex. Admin. Code § 80.200. We are updating our copy of this form (Cx3883) to match the latest revisions. Since this document must be provided “with an initial application” (Ibid. § 80.200[a]) […]