California Attorney General Releases Modified Proposed CCPA Regulations
The California Attorney General’s office released a notice of modifications to the proposed regulations for the California Consumer Privacy Act ("CCPA") on February 7, 2020, and additional updates on February 10, 2020.Learn More
On February 5, 2020, Fannie Mae and Freddie Mac (the "GSEs") announced updates regarding adjustable-rate mortgage ("ARM") products in anticipation of the transition away from the London Interbank Offered Rate ("LIBOR"). Read More
The Federal Financial Institutions Examination Council (“FFIEC”) recently issued the 2020 edition of A Guide to HMDA Reporting: Getting It Right! for Home Mortgage Disclosure Act... Read More
In late January, the Consumer Financial Protection Bureau (the “CFPB”) issued a “Statement of Policy Regarding Prohibition on Abusive Acts or Practices"... Read More
In late February, the Consumer Financial Protection Bureau (the “CFPB”) issued a new statement of policy regarding “Compliance Aids”, a new designation it will use... Read More
Complimentary
Compliance Term of the Month
Business Day
Federal mortgage law uses two rules for business day depending on the nature of the concern at issue: General Business Day or Specific Business Day. General business day is based on when the business is substantially open and Specific business day follows a list defined by federal statute for national holidays.
As previously announced, DocMagic has been working diligently to support the redesigned Uniform Residential Loan Application (“URLA”) and related forms. Read More
DocMagic is in the process of updating applicable ARM notes and riders based on changes announced by Fannie Mae and Freddie Mac related to the addition of fallback language... 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
Complimentary
Upcoming Event
Futurescape 2.0
MBA Tech Attendees: Join us after MBA's Technology Conference and Expo as we celebrate the next decade of mortgage technology and innovation.
You received this email because you are subscribed to .
DocMagic, Inc. sends a variety of emails to our clients | View our privacy policy. If you prefer not to receive certain types of communications, you canclick here to update your email preferences.Please consider the environment before printing this email.
month_year
SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.
