California Consumer Privacy Act Effective January 1
The California legislature passed, and the Governor signed, the California Consumer Privacy Act (the “CCPA”) earlier this year to be effective January 1, 2020. Learn More
On November 2, 2019, the Pennsylvania Department of Banking and Securities published the annual adjustment to the definition of "base figure"... Read More
The Federal Housing Administration ("FHA") has released Mortgagee Letter 2019-19 which provides the new maximum loan limits... Read More
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Compliance Term of the Month
Commitment Amount
The amount of loan funds committed to a construction project, usually the same as the loan amount in a construction only or construction-to-permanent loan. The commitment amount is the basis for the interest-only payment disclosed pursuant to Appendix D to Regulation Z.
On December 18, 2019, Fannie Mae and Freddie Mac (the “GSEs”) announced the new implementation timeline for the redesigned Uniform Residential Loan Application (“URLA”)... 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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Upcoming Event
Overcoming the Roadblocks to eClosing Implementation
Two technologists who have overseen thousands of eClosings provide expertise on how to successfully implement eClosing technology.
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SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.