Update to the programming of the Texas 50 (a)(6) High Cost Test to allow for 2nd liens. 

Update to the programming of the Reconsideration of Value Request Form (ROVRF.MSC) to add FORM.DATA option to allow for post fill. In post fill (while signing the forms) borrowers will be able to select any box on page 1, free type in the summary on page 2, and input comparable sales data on pages 2-5. The default will remain for post fill to be turned off. Please contact Customer Service if you would like this option turned on.  

Remove Pennsylvania Real Estate Broker Disclosure (PAREBD.MSC) from Form Analyzer and state build, since the law has been repealed and form is no longer in use. 

Update to the programming of the Kansas UCCC High Loan to Value notice (KSCN.MSC). Effective Jan 1, the statute that required the form was repealed under Kansas HB 2247. 

Update to the programming of the Rate Lock Agreement (RLA.MSC) in the “Total Points Paid” section to only show Discount Points. Also, put a 0.00 in the borrower acknowledges payment of $ area if there is not a LIF (Rate Lock Fee) or AL (Advance Lock). 

New audit that checks non-entity loans (including trust loans) to ensure we have at least one ‘I’ type borrower in the borrower list, or if it’s a non-trust entity, at least one Officer. Trust entities still need at least one 'I' type in the borrower list. This will fire as fatal. 

The New Jersey Department of Banking and Insurance issued a bulletin addressing the annual review regarding the definition of a "high-cost home loan" under the Home Ownership Security Act of 2002. The maximum principal amount of a loan that may be considered under this definition is $617,603 and is effective for all completed applications subject to the Act on or after January 1, 2025 (retroactive).

South Carolina prepayment threshold amount change from $690,000 to $765,000.

2025 Update to the Audit for Ohio Prepayment Penalty loan amount.  Effective January 1, 2025, no penalties may be imposed on prepayment or refinancing of a residential mortgage loan of less than $112,957. 

2025 Update to the Audit for  Indiana High Cost Points and Fees Threshold.  Ind. Code. s 24-9-2-8 provides for two levels of maximum points and fees, i.e., 6% for loan amounts below $40,000 and 5% for loan amounts above $40,000. The $40,000 may change every odd year as of Jan. 1. 

As of January 1, 2025, the $40,000 threshold amount has been updated from $56,000 (2023) to $60,000 (2025).