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October 2019 Edition


Treasury Department Releases Housing Reform Plan

On March 27, 2019, President Trump issued a Presidential Memorandum directing the Secretary of the Treasury to develop a plan for comprehensive reform... Learn More


Compliance Term of the Month

Dower and Curtesy

Dower is a wife’s interest in her husband’s real property upon his death. It entitles a surviving wife to a portion of her deceased husband’s real property during her lifetime to support herself and her children. Curtesy is a husband’s entitlement to a life estate in his deceased wife’s estate, but also requires that the couple have a living child capable of inheriting his/her mother’s estate. Dower and curtesy are common law doctrines, which have been abolished in most states and replaced with statutory law, which provide for a marital share with the same benefits regardless of gender.


Form Updates

RHS Amends Rules for Single Close Construction to Permanent Loans

The U.S. Department of Agriculture-Rural Housing Service (RHS) issued a final rule, effective October 1, 2019, which makes changes to single-close construction to permanent loans... Read More



Update to Connecticut HELOC Open-End Mortgage Deed

Section 49-2(c) of the Connecticut General Statutes provides that advancements for taxes and other items may be made by a mortgagee or assignee of the mortgagee, under an open-end mortgage if certain requirements are met. Read More



New/Revised Documents – September 2019

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

Taking the pulse of eClosing: Where it stands, where it's headed

Register now for this upcoming Webinar: Taking the pulse of eClosing: Where it stands, where it's headed

Join us Thursday, October 10th at 11AM PDT


System Updates