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November 2020 Edition


CFPB Issues Final Rule Extending the ATR/QM GSE Patch

On October 20, 2020, the CFPB issued a  final rule that extends the sunset date of the temporary "GSE Patch"...  Learn More


Compliance Term of the Month

eRecorded Security Instrument

A security instrument, that has been signed and notarized electronically, then also recorded with the county or other local recording office as an electronic document (also, an “eRecording”).


Form Updates

IRS Releases New Form 4506-C

The Internal Revenue Service (IRS) recently released a new version of Form 4506, as Form 4506-C, IVES Request for Transcrpt of Tax Return (version September 2020). Read More



California Regulator Name Change to Department of Financial Protection and Innovation

Earlier this year, the California legislature enacted the Consumer Financial Protection Law (“CFPL”), under Assembly Bill 1864. Read More



New Interactive Spanish Translation Aids for Redesigned URLA

As previously announced, Fannie and Freddie Mac (the "GSEs") jointly published sample interactive Spanish translations aids...Read More



New/Revised Documents - October 2020

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

5 Key Questions About eClosing in the Age of COVID

The pandemic has forced a lot of change in a short amount of time in the mortgage industry. DocMagic's Director  of Enterprise Solutions shares his insight about e Closings  in the age of COVID.


System Updates