Skip to main content

Revised Document: USA Patriot Act ID Disclosure (Important Information about Procedures for Opening a New Account)

Document Title

Revised Document: USA Patriot Act ID Disclosure (Important Information about Procedures for Opening a New Account)

Form Name

PAID.DSC

Updated text on page 1 (above signatures) and page 2 (first checkbox). (Date of Release to Production: 04/13/23)

VA Instrument Update

As noted in prior articles, Fannie Mae and Freddie Mac published new versions of their Uniform Instruments in July 2021, with a required use date of January 1, 2023.  DocMagic moved to the new versions of standard conventional documents as of August 12, 2022.  In addition, DocMagic announced that we would be making updates to the notes, riders and security instruments used for FHA and VA loan types as a result of the uniform instrument changes.

Massachusetts Passes RON-Enabling Law

The Massachusetts legislature and governor recently enacted a supplemental budget bill that includes new laws allowing for use of remote online notarizations.  The bill passed is entitled “Chapter 2 of the Acts of 2023” and includes supplemental appropriations for 2023.   Inserted into the bill’s language are several sections that modify existing laws on notarial acts and create a new ability to satisfy personal appearance of a signer using remote comm

RSS Feed

SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.