Updated to most recent website version. (Date of Release to Production: 05/30/19)

DocMagic currently includes the Borrower Certification and Authorization (Form ID: TDC.LSR) in all FHA initial and closing document packages.  That form allows the lender to obtain personal information from the borrower and other sources to verify their application and to use that information in the lending process.   Based on feedback from HUD, DocMagic will be adding a new disclosure to all FHA transactions on June 3, 2019, that specifically allows use of information protected under the Privacy Act of 1974, using that specific language.  The Borrower Authorization for

New Multistate Simple Interest Note.  (Date of Release to Production: 05/30/19)

New Multistate Simple Interest Note.  (Date of Release to Production: 05/30/19)

New Wisconsin form. (Date of Release to Production: 05/23/19)

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, 2019.

To view all New/Revised Documents, click here.

After performing a routine inspection of DocMagic’s FHA forms, the Compliance Department is updating the selection logic for the Borrower’s Identity-Of-Interest Certification form (Form ID: BIIC.FHA). Effective June 13, 2019, the form to only generate for FHA 203K Purchase transactions.  Currently, the form generates in Initial Disclosure packages for all FHA Purchase transactions.  The Borrower’s Identity-of-Interest Certification Form (Form ID: BIIC.FHA) is also available in Forms List allowing customers to access the form at any loan stage.

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 April, 2019.

To view all New/Revised Documents, click here.

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 March, 2019.

To view all New/Revised Documents, click here.

DocMagic is updating the form selection logic for the Kansas UCCC High LTV Notice and Kansas UCCC Election Addendum to Note.  DocMagic is updating the logic to accommodate additional data points in the LTV calculation.