Fixed space for programming after "purpose of inducing". (Date of Release to Production: 12/10/20)

Updated tables above and below "Cash-Out Refinancing Loans" heading. (Date of Release to Production: 12/10/20)

DocMagic is making an update to the signature lines used for trustees on the security instrument and related documents for loans made to a revocable trust on property otherwise identified as homestead property in Florida.   Based on a review of Florida’s homestead laws, the nature of revocable trusts, and new title insurance requirements DocMagic customers have brought to our attention, DocMagic will include the trustee’s individual capacity on the security instrument, in addition to their trustee capacity. 

Customers may see modifications to the DocMagic information contained in the footers of our disclosures.  DocMagic is removing our URL from the logo in the bottom right corner of our forms.  On a coming date in December, we will also be updating the DocMagic eForms logo to our current logo.  Customers should see no other changes.

As previously announced, Fannie Mae and Freddie Mac (the “GSEs”) jointly published sample interactive Spanish translation aids for each component of the redesigned Uniform Residential Loan Application (“URLA”). The aids are non-executable versions of the updated URLA forms translated into Spanish.

DocMagic is adding new generic SOFR Homestyle Renovation loan programs which will use the 30-day Average SOFR index:

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 December, 2020.

To view all New/Revised Documents, click here

Updated to most recent website version. (Date of Release to Production: 12/10/20)

Updated to most recent website version. (Date of Release to Production: 12/10/20)

Updated footer information to match website version. (Date of Release to Production: 12/10/20)