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August 2022 Edition


US House Passes Secure Notarization Act

On Wednesday, the United States House passed the “Securing and Enabling Commerce Using Remote and Electronic Notarization Act of 2022", also called the SECURE Notarization Act by a vote of 336 in favor to 90 against. Learn More


Compliance Term of the Month


"LEP" stands for "Limited English Proficiency" or "Limited English Proficient" regarding a borrower's ability to negotiate a mortgage loan in English.


Form Updates

New ARM Disclosures with Conversion Language

DocMagic has added new forms to our document library for use with ARM programs that include a conversion option.  The ARM disclosures include language that describe the conversion option provided in the accompanying note. Read More



Update to Veterans Affairs Forms to Support Space Force Branch

The Veterans Affairs Administration published Circular 26-22-10 on June 23, 2022, announcing enhancements to accept the United States Space Force as a military branch of service... Read More



August Release of New Conventional Uniform Instruments

As a reminder, DocMagic delayed the release of the new conventional Uniform Instruments to August 12, 2022.  After this date, DocMagic will automatically return the new 07/2021 versions of the Fannie Mae and Freddie Mac Uniform Instruments... Read More



Updates to FHA and VA Notes and Security Instruments

DocMagic will be updating the FHA and VA notes and security instruments later this year.  As noted in several prior articles, Fannie Mae and Freddie Mac published new versions of their Uniform Instruments in July 2021. Read More



New/Revised Documents - July 2022

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

Web Seminar: Driving efficiency with eNotes

Thursday, August 18, 20222:00 p.m.


System Updates