The New York Department of Financial Services recently issued an “industry letter” providing guidance to “covered entities” for complying with its 2017 cybersecurity regulation.  This guidance specifically addresses covered entities who engage third-party service providers (“

DocMagic is proud to be a Gold Sponsor of the Finastra User Connect Conference on November 18-20 in Orlando, FL! Don’t miss Steve Ribultan in an exclusive breakout session on November 18^th, where he’ll share insights on ways to drive efficiency, compliance, and borrower satisfaction. Please email stephen@docmagic.com to schedule a meeting.

On October 29, the CFPB posted a final rule rescinding its’ recently added requirement for registration of nonbank entities subject to certain enforcement actions.   The rescission was effective on October 29, 2025, immediately upon posting. 

In an effort to establish federal preemption of credit report regulation, the CFPB recently issued an interpretive rule in the Federal Register asserting that the Fair Credit Reporting Act (“FCRA”) preempts state laws which attempt to broadly regulate credit report content.  This interpretive rule is primarily understood as an attempt to block efforts by state legislators to revive the previous federal administration’s e

Updated by removing Section 13. (Date of Release to Production: 10/23/25)

Updated by adding extra space above title for both high cost and subprime verbiage to be filled in. (Date of Release to Production: 10/23/25)

Updated by adding extra space above title for both high cost and subprime verbiage to be filled in. (Date of Release to Prooduction: 10/23/25)

Updated by adding extra space above title for both high cost and subprime verbiage to be filled in. (Date of Release to Production: 10/23/25)

Updated by adding extra space above title for both high cost and subprime verbiage to be filled in. (Date of Release to Production: 10/23/25)

Updated to the most recently published model form version. (Date of Release to Production: 11/06/25)