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October 2024 Edition

 
 
 

CFPB Issues Personal Financial Data Rights Final Rule

About a year after issuing a Notice of Proposed Rulemaking on Personal Financial Data Rights, on October 22, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued a Learn More

 
 
 
 

Compliance Term of the Month

Recoupment

Recovery of costs laid out upfront, for example, recoupment of expenses such as the cost of discount points or closing costs for a loan through lower monthly payments.

 
 

Form Updates

USDA Announces Availability of Fiscal Year 2025 Guaranteed Funds

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On October 2, 2024, the United States Department of Agriculture (“USDA”), Rural Development (the “Agency”)

Complimentary

USDA Proposed Revisions to HB-1-3555 and Form RD 3555-21

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The U.S.

 

Complimentary

VA Guidance on Natural Disaster Form

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The Department of Veterans Affairs (“VA”) recently published guidance on what steps may be taken regarding a VA-guaranteed loan when the related property is affected by a natural disaster

 

Complimentary

New/Revised Documents - October 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 Us in the DocMagic Notary Agent’s Lounge!

Join us every Tuesday and Thursday at 10:00 AM Pacific in The Agent’s Lounge on Zoom to elevate your notary skills through our exclusive biweekly training webinar!

 
 
 

System Updates

 
month_year

SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.