Florida Interest Only Period Adjustable Rate Note (Uniform Instrument)
FL3536U.NOT
Updated with fallback language (Section 4). (Date of Release to Production: 06/18/20)
Consumer Handbook on Adjustable-Rate Mortgages
CHARM.MSC
The CHARM booklet has been revised by the CFPB to reflect the discontinuance of LIBOR and various other revisions. CFPB Notice of Availability. (Date of Release to Production: 06/11/20)
DocMagic has been your partner for an electronic closing for years and continues to provide creative solutions for lenders seeking to streamline their closing process. Especially in light of the recent pandemic situation causing the need for social distancing, electronic and even remote closings are becoming more and more necessary and the normal way of closing a mortgage. To continue to support our lender clients in completing fully electronic closings, DocMagic has been making additional updates to our systems and documents.
The Mortgage Industry Standards Maintenance Organization (“MISMO”) recently announced release of new Closing Instructions templates for use by lenders. Find the MISMO announcement here. As stated in the release, “MISMO's Closing Instructions are templates that lenders can use to communicate with settlement agents.
Request for Certificate of Veteran Status
268261A.VA
Updated to current website version. (Date of Release to Production: 06/04/20)
HUD/VA Addendum to Uniform Residential Loan Application
261802A2.VA
Updated VA expiration/revision date to match VA model form. (Date of Release to Production: 06/04/20)
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 June, 2020.
To view all New/Revised Documents, click here
DocMagic has revised the estimated schedule for releasing updated FHA adjustable-rate Notes and Riders.
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 May, 2020.
To view all New/Revised Documents, click here
As previously announced in November, the Texas Finance Commission published amendments adopted for Texas Administrative Code rules 7 TAC §§ 80.201 and 81.201 in the Texas Register (44 Tex Reg 6524.6527) on November 1, 2019. Sections §§ 80.201 and 81.201 concern loan status forms that are attached to each of the sections as Forms A and B.
