On August 24, 2018, New Jersey enacted Assembly Bill 2035, which becomes effective on November 22, 2018.  The bill amends provisions of the New Jersey Residential Mortgage Lending Act (RMLA).  The RMLA has not previously been amended since it was enacted in 2009 to establish licensing standards and oversight for residential mortgage lenders, residential mortgage brokers, qualified individual licensees and mortgage loan originators. The amendments to the RMLA should help to resolve some fee issues lenders and brokers faced in New Jersey due to previous ambiguity in the law.

You may notice over the next few weeks that our logo has changed in the footer of our documents.   We are removing the url referencing our website at “www.docmagic.com” from DocMagic eforms in the bottom right corner of all DocMagic documents.  The changes will only affect DocMagic standard forms right now, but we will advise of any additional changes (including any made to custom forms) at a later date.  However, beginning October 10, 2018, any new custom forms we create will begin using the new version of our logo which does not include the url.  

In the state of Minnesota, late fee dollar amounts are subject to periodic adjustments on even numbered years under Minnesota statutes, section 47.59, subdivision 3(i), and 56.131, subdivision 4.  The changes in dollar amounts are provided by the Minnesota Department of Commerce in their publishing of the Consumer Credit Code Adjustments for 2018.

The state of Indiana provides for periodic adjustments in certain dollar amounts including late fees on even-numbered years, becoming effective on July 1 of those even-numbered years.  The changes are published by the Indiana Department of Financial Institutions and can be seen here.

As of August 1, 2025, the State of Arkansas removed the requirement to supply the borrower's Social Security Number on the Adverse Action Notices. As such, DocMagic has removed the Arkansas Statement of Credit Denial, Termination, or Change AND Notice of Action Taken, Statement of Reasons and Counteroffer to meet this requirement. The multistate version will now be retuned in the state of Arkansas. 

Affected forms include: ARNATSRC2.MSC, ARNATSR.MSC, ARSOCDCS1.MSC, ARSOCD.MSC, ARSOCDCDS.MSC

Update to the programming of the Supplemental Consumer Information Form (SCIF.MSC) to remove from all FHA packages. 

Created a new second lien eNote for Vermont (VTSEC.NOT). Besides the footer information, the only difference from US version is the “Notice to Co-Signer” on last page if using a co-signer. 

Update to the programming of FHA Deed of Trusts by dynamically adding “Instrument Prepared By” below "And After Recording Return To" at the top of page 1 when the plan feature is in use. Affected Forms: CADOT2N.FHA, CADOTZ2N.FHA, CODOT2N.FHA, CODOTZ2N.FHA, MDDOT2N.FHA, MDDOTY2N.FHA, MDDOTZ2N.FHA, MDDOTZY2N.FHA, SCMTG2N.FHA, SCMTGZ2N.FHA, TXDOT2N.FHA, TXDOTZ2N.FHA NVDOT2N.FHA, NVDOTZ2N.FHA, MAMTG2N.FHA, MAMTGZ2N.FHA, MODOT2N.FHA, MODOTZ2N.FHA, OKMTG2N.FHA, OKMTGZ2N.FHA

Adding new notes New York Consolidated CEMA Interest-Only Note (NY3233CIO.NOT) and New York Gap CEMA Interest-Only Note (NY3233GIO.NOT) to DocMagic standard plan DSI_NYCEMA10IO in place of the standard fixed rate consolidated and gap notes. 

Update to the programming of the IVES Request for Transcript of Tax Return Selection Logic (4506C.MSC) Selection Logic to assign the correct borrower number to each instance of the 4506C form. The borrower number should match to the borrower whose name appears on the form itself. The tax party transcript info assigns a borrower ID for each transcript request that should correspond to that name and ID.