Skip to main content

April 2021 Edition


CFPB Rescinds Pandemic Related Policy Statements and Issues New Supervisory Bulletin

The CFPB has announced that it is rescinding seven policy statements that were issued last year to assist financial institutions during the height of the pandemic.  Learn More


Compliance Term of the Month

ID Verification

A part of the remote online notarization process that includes credential analysis of the signer’s government-issued identification card via an automated third-party review, including checks for tampering or other fraud.


Form Updates

South Dakota Revises Remote Notarization Law

South Dakota recently enacted Senate Bill 193 (2021), which makes changes to the state's remote notary statute...Read More



Redesigned URLA 2021 – Joint Borrower Options

The Redesigned URLA (Effective 1/2021) became required by Fannie Mae and Freddie Mac for all new applications dated March 1, 2021 and after. Read More



Ask the eClosing Team: What do Lenders Need to Get Set Up for eNotes?

DocMagic's eClosing team leader Dan McGrew, president and CEO of Elite Digital Advisors, tackles real questions that we're hearing from lenders. Read More



New/Revised Documents - March 2021

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. Read More




Upcoming Event

Mortgage Tech Virtual Demo Day

This is a high-impact, low-risk environment to learn more about DocMagic's platform and solutions that may help your business navigate the current mortgage environment. 


System Updates