Updated footer logo to most recent version and replaced bullet characters. (Date of Release to Production: 10/02/25)

Removed DocMagic email address in section 7. (Date of Release to Production: 10/02/25)

Updated to add a new section 9 (Waivers). (Date of Release to Production: 10/02/25)

Updated footer logo to most recent version. (Date of Release to Production: 10/02/25)

Updated to add a new section 9 (Waivers). (Date of Release to Production: 10/02/25)

Updated footer logo to most recent version. (Date of Release to Production: 10/02/25)

Updated footer logo to most recent version. (Date of Release to Production: 10/02/25)

As discussed in last month’s article, Maryland recently passed a law requiring lenders to allow a spouse to assume a conventional home loan upon decree of absolute divorce.  The law is specific to conventional loans. While assumptions are allowed, a lender may not always grant them in the case of an absolute divorce. Government-backed loans, such as FHA, VA, and USDA, each already have their own processes for assumptions.   

Earlier this year the Tennessee General Assembly passed HB 1127. This House Bill revises the present laws regarding advertising the sale of land to foreclose a deed of trust, mortgage, or other lien securing the payment of money or other thing of value or under judicial orders.

Updated to dynamically add "Assumption Upon Decree of Absolute Divorce" section. Page count increased to 15 pages. (Date of Release to Production: 09/30/25)