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
The CFPB has released a notice of proposed rulemaking (NPRM) announcing the Bureau's intent to delay the mandatory compliance date of the General Qualified Mortgage (QM) Final Rule from July 1, 2021 to October 1, 2022. Read More
The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Farm Credit Administration, and the National Credit Union Administration (collectively, the "Agencies") have jointly proposed twenty-four new questions and answers that address private flood insurance...Read More
In a recent press release, the U.S. Department of Housing and Urban Development (HUD) announced the release of their quarterly report to Congress regarding the status of the Federal Housing Administration (FHA) Single-Family Mutual Mortgage Insurance Fund Programs. Read More
Complimentary
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.
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
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
Complimentary
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.
