On December 29, 2006, the Board of Governors of the Federal Reserve System announced the availability of a revised version of the Consumer Handbook on Adjustable Rate Mortgages ("CHARM booklet") by the Board and the Office of Thrift Supervision (OTS). The CHARM booklet provides information to consumers about the features and risks of adjustable rate mortgage loans. Under Regulation Z, lenders must provide a copy of the CHARM booklet or a suitable substitute to borrowers of every application for an ARM loan.

The CHARM booklet that was made available in December, 2006 replaces the older version that was published in 1987 and most recently reprinted in May, 2005. Although lenders were permitted to immediately begin using the revised CHARM booklet, its use (or a suitable substitute) becomes mandatory on October 1, 2007.

Note that DocMagic, Inc. has made the revised version of the CHARM booklet available for customers' use since January, 2007. If you have any questions concerning this disclosure, please contact DocMagic's Compliance Department, at compliance@docmagic.com.