Loan Closing Checklist
Loan Closing Checklist
LCSOC.RH
Updated to 01/15/20 version. See page 19 of PDF from link. (Date of Release to Production: 12/17/20)
Loan Closing Checklist
LCSOC.RH
Updated to 01/15/20 version. See page 19 of PDF from link. (Date of Release to Production: 12/17/20)
Representations Regarding Felony Convictions and Tax Delinquent Status for Corporate Applicants
AD3030.RH
Updated to 10/2019 version. (Date of Release to Production: 12/17/20)
Tax Record Information Sheet
GATAX.LSR
Added back Settlement Agent signature lines on page 2. (Date of Release to Production: 12/04/20)
Surviving Spouse Affidavit
SSA.VA
Fixed space for programming after "purpose of inducing". (Date of Release to Production: 12/10/20)
VA Funding Fee
FF.VA
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