Update Trustee Fee Percentage Programming on NC DOT
Update the programming for the Trustee's fee percentage on North Carolina Deed of Trust - VA (NCDOTZ.VA) to use the value provided in data over default value, matching conventional programming.
Update the programming for the Trustee's fee percentage on North Carolina Deed of Trust - VA (NCDOTZ.VA) to use the value provided in data over default value, matching conventional programming.
Update to the programming of the Iowa Permissible Fees audits to look for the values of Loan Origination and Processing Fee and pick the greater of 1 of the amounts to add to total paid by Borrower amount.
Updating the display of change notification periods on the ARM disclosures (ARM.DSC, CTPARM.DSC, FHAARM.DSC, FHAARM.MSC). Change is for display of the 25-120 period to be included on the subsequent notice section when the change months period is two months or less rather than initial notice section.
Adding a configuration option to the Virginia (MAY) mortgages, which include optional MAY language as instructed by Fannie Mae/ Freddie Mac, for refinance loans, to display the prior loan's instrument number rather than book and page number.
Adding a new configuration option for text display on subordinate-lien forgivable notes to display the frequency of forgiveness of the principal - monthly or annually (Forms US3296.NOT)
Update the audit used for determining if there should be a new 3-day waiting period upon reissuance of a Closing Disclosure, to use a revised rule that uses a different data point internally for determining the prior-disclosed APR, which data point is more reliable than the current data point used.
Modify programming to only display a Loan Origination Fee or Loan Discount Points on the Connecticut Agreement Concerning Nonrefundability of Advance Fee (CTDCNAF.MSC) when the fee is paid outside of closing.
Update redirect logic used for redirecting AKA.LSR to SAAKAS.MSC when executing an eNotary closing, to use a new rule instead of enumerated logic.
Adding new versions for FHA Non-Occupancy Rider to be used with 2023 FHA security instruments when property is non-owner occupied.
Add new Business Purpose Affidavit form (BPOA.MSC) to DocMagic standard DSCR plan, DSI_DSCR to return when loan is business purpose.
IA ST § 535.8