On October 2, 2024, the United States Department of Agriculture (“USDA”), Rural Development (the “Agency”) announced that funding for the Single-Family Housing Guaranteed Loan Program is available for the 2025 fiscal year (October 1, 2024 – September 30, 2025 )  after lapsing for a short period of time.  

In order to keep DocMagic software users better apprised of document changes and additions as they occur, DocMagic posts listings of all newly created and revised documents. Here is the list of forms created or modified in November 2024.

To view all New/Revised Documents, click here.

Freddie Mac has announced the availability of standardized subordinate-mortgage documents for additional states.  The new state-specific forms are available on the Freddie Mac subordinate-lien document webpage. The webpage also provides additional information regarding the use of the standardized subordinate-lien documents, including FAQs and links to additional lender information.

As part of our regular maintenance of forms, DocMagic is making an update to forms that are modeled on now retired Fannie Mae and Freddie Mac Uniform Instruments.  The update will consist of removing “Fannie Mae/Freddie Mac Uniform Instrument” or “Fannie Mae/Freddie Mac Modified Instrument” from the footer information as applicable since these are no longer published as uniform instruments by Fannie Mae or Freddie Mac. 

Increased top margin to 1.50 inches to comply with the State of Ohio recording requirements. (Date of Release to Production: 09/19/24)

Updated footer logo to most recent version. (Date of Release to Production: 09/19/24)

Updated footer logo to most recent version and replaced bullet characters. (Date of Release to Production: 09/19/24)

Updated footer logo to most recent version and replaced bullet characters. (Date of Release to Production: 09/19/24)

Updated to comply with formatting instructions within legal citation (bolded text provided for sample form). (Date of Release to Production: 09/19/24)

Updated to the most recently published model form version. (Date of Release to Production: 09/19/24)