Updated footer logo to most recent version and applied dynamic sig lines. (Date of Release to Production: 02/29/24)

Updated footer logo to most recent version. (Date of Release to Production: 02/29/24)

Updated footer logo to most recent version and applied dynamic sig lines. (Date of Release to Production: 02/29/24)

Updated footer logo to most recent version. (Date of Release to Production: 02/29/24)

Updated footer logo to most recent version. (Date of Release to Production: 02/29/24)

Updated footer logo to most recent version and applied dynamic sig lines. (Date of Release to Production: 02/29/24)

Updated footer logo to most recent version and applied dynamic sig lines. (Date of Release to Production: 02/29/24)

Update to Tangible Net Benefit Disclosures

DocMagic will be updating programming for tangible net benefit disclosures to use prior lien information to identify applicable benefits in refinance loans, such as an interest rate that is lower in the subject loan than the loan being refinanced, where this is not already considered. 

Freddie Mac has announced the availability of standardized subordinate mortgage documents.  After leading an effort to draft and review the documents, Freddie Mac has published the model forms on a new 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.

Updated footer logo to most recent version. (Date of Release to Production: 02/22/24)