DocMagic Timeline for Release of New Uniform Instruments
On July 7, 2021, Fannie Mae and Freddie Mac ( the "GSEs") announced changes to all Uniform Instruments, except those being retired - including notes, riders, security instruments, addenda, and special-purpose documents. Learn More
On April 7, 2022, the Department of Veterans Affairs (“VA”) published Circular 26-22-05 to inform lenders that the VA is making system enhancements to move towards a more automated process. Read More
The Federal Housing Administration (“FHA”) recently issued Mortgagee Letter 2022-07 to announce updates to the COVID-19 Recovery Loss Mitigation Options ("COVID-19 Recovery Options") that include a 40-year loan modification. Read More
To provide additional support for the U.S. Department of Housing and Urban Development ("HUD") Section 184A Native Hawaiian Housing Loan Guarantee Program ("Section 184A"), DocMagic has made additional forms related to Section 184A loans available...Read More
During the first year of the Pandemic, the bipartisan Securing and Enabling Commerce Using Remote and Electronic Notarization Act (“Secure Notarization Act”) was introduced in the U.S. House and Senate. Read More
Virginia recently passed VA House Bill 1153 (“HB 1153”), which amends the dual capacity disclosure requirements for mortgage brokers licensed under the Mortgage Lender and Broker Act. Read More
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
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