New California Fair Lending Notice Form

This is not legal advice for your situation*

Beginning July 1, 2005, customers making California loans will notice an updated California Fair Lending Notice in their loan-closing package. The form was updated primarily to address changes of address for the California Department of Corporations, Department of Real Estate, and Department of Financial Institutions. Another change to the form that customers will notice is that the names and addresses of all of the foregoing agencies will appear on the form. The DocMagic user will have to mark the applicable agency and its contact information so that the borrower may contact that agency in the event of a complaint. If you have any questions about this form, please contact Alan Brisbane, Center Manager at Document Systems, Inc.

*This article is distributed to provide general information about the subject matter covered and should not be utilized as a substitute for professional advice in specific situations. If you require such advice, please consult with your own professional advisers.