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April 2024 Edition

 
 
 

FHFA Publishes Notice of Proposed New Product for Freddie Mac Second Mortgage Purchases

The Federal Housing Finance Agency (“FHFA”) recently published a notice of a proposed new product from the Federal Home Loan Mortgage Corporation (“Freddie Mac”) in the Learn More

 
 
 
 

Compliance Term of the Month

DPA

Down Payment Assistance - Programs that provide homebuyers with money to help pay a down payment or closing costs on a home purchase.


 

 
 

Form Updates

Update to Provide Spanish Language Forms

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Beginning on September 5, 2024, DocMagic will be adding all available Spanish language forms to return in packages, along with the English versions of the forms they translate, when clien

 

Complimentary

Update to Form 3179 Loan Modifications

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Fannie Mae recently published Servicing Guide Announcement (SVC-2024-02

 

Complimentary

DocMagic to Update Footer and Classification of Retired Forms

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As part of our regular maintenance of forms, DocMagic will be making an update to forms that are modeled on now retired Fannie Mae and Freddie Mac Uniform Instruments. 

 

Complimentary

New/Revised Documents - April 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

Meet with Us at the Mortgage Innovators Conference from May 8-10, 2024!

 
 
 

System Updates

 
month_year

SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.