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October 2021 Edition


CFPB Publishes Analysis of Consumer Complaints

The Consumer Financial Protection Bureau (“CFPB”) recently published " Consumer complaints throughout the credit life cycle, by demographic characteristics," an analysis that looks at various demographic and socio-economic characteristics of consumers that submitted complaints...Learn More


Compliance Term of the Month


Legal process that grants temporary authority to an entity to control and oversee a private organization or corporation with the goal of creating financial health and stability.


Form Updates

CA Passes Fair Appraisal Act

The State of California recently passed into law the Fair Appraisal Act (the "Act"). The Act was one of over 30 bills signed into law on Setember 28, 2021 as part of state efforts to promote affordable housing and fair housing principles. Read More



Combined Borrower Certification, Authorization and Consent Form

DocMagic is combining two standard forms, the “Borrower Certification and Authorization” (Form ID: TDC.LSR) and “Borrower Consent to Use of Tax Return Information” (Form ID: BCUTRI.MSC). Read More



New/Revised Documents - September 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

Let's Connect! DocMagic to Attend Fall Mortgage Trade Shows

With in-person events back in full swing, we're excited to announce that DocMagic is hitting the road this fall and attending some of the mortgage industry's biggest conference!


System Updates