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February 2024 Edition

 
 
 

CFPB 2023 Enforcement Activity and Expansion Plans for 2024

In its latest blog post titled “The CFPB’s enforcement work in 2023 and what lies ahead,” the Consumer Financial Protection Bureau (“CFPB”) provides an overview of its 2 Learn More

 
 
 
 

Compliance Term of the Month

Digital Repository

A technical infrastructure that stores and manages digital content such as eNotes. Also known as an "eVault."

 
 

Form Updates

Freddie Mac Subordinate Lien Documents Available for Additional States

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Freddie Mac has announced the availability of standardized subordinate mortgage documents.  After leading an effort to draft and review the documents, Freddie Mac has pu

 

Complimentary

Update to Tangible Net Benefit Disclosures

Update to Tangible Net Benefit Disclosures

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Complimentary

DocMagic Provides New Options for Split Buydowns

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DocMagic is updating our handling of disclosure of loans with a buydown subsidy paid by a combination of parties including the borrower.  DocMagic currently does not all

 

Complimentary

New/Revised Documents - February 2024

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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.

 

Complimentary

 

Upcoming Event

Join DocMagic at the Ice Experience 2024!

Join DocMagic at the ICE Experience 2024 from March 18-20 at the Wynn Las Vegas, where industry professionals will gather to explore the power of technology in enhancing customer experien

 
 
 

System Updates

 
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SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.