The recently updated Uniform Residential Loan Application (Fannie Mae Form 1003) now has a section at the top of the form that enables the borrower and co-borrower to indicate their intention to apply for joint credit. This added section renders the use of Document Systems, Inc.'s Evidence of Joint Application (EOJA.MSC) form unnecessary or obsolete in those cases where the 1003 application form is used. However, because the 1003 application may not be used as the application for some types of loans (for home equity lines of credit, for example), we want to hear from you whether or not, and under what circumstances, our stand-alone form EOJA.MSC should be removed from loan packages.

For the time being, we will continue to include form EOJA.MSC in predisclosure and closing packages until a customer specifically requests us to remove it. Please share your thoughts with us by emailing compliance@docmagic.com.