Updates

January 5, 2018

Document Updates and Changes

As a result of an ongoing review of our documents to ensure compliance with state and federal requirements, we have made the following changes:

DPIFEEMA/26890/MA Advance Fee Agreement – Created disclosure completed 1/3

DPIACTAR/26899/AR Adverse Action Notice – Created disclosure completed 1/3

NJATTORC/22541/NJ Attorney Fee Disclosure – Updated the NJ code, added borrower name, date, property address, Lender and Originator name, License and NMLS numbers and additional disclosure statement completed 1/4

NVDISFEE/24436/NV Mtg Broker Earned Fees Disclosure – Added seller check boxes and Total Paid by Seller completed 1/3

IDAZAPPL/17020/AZ Advance Fee Agreement – Added Lender and Originator License and NMLS numbers and statement regarding refundability of fees completed 1/4

IDMNCONT/17025/MN Mtg Originator Contract – Added MN code, property address, Lender License and NMLS numbers, Originator name, License and NMLS numbers insert statement regarding disbursement of fees and requirements for rescission. Removed borders and changed to letter size completed 1/4

RIPREDIS/11551/RI Prepayment Penalty Disclosure – Added the RI Code, loan number, Lender License and NMLS numbers, Originator License and NMLS numbers and removed borders completed 1/3

TXLAGREE/5233/TX Loan Agreement Notice – Updated title, added borrower name, Lender and Originator name, License and NMLS numbers, acknowledgment statement and changed to letter size completed 1/3

IDTXLODS/11095/Texas Mortgage Company Disclosure 7 TAC Sec 80.200(a) – Updated the document content to the new version effective 01/07/2018 completed 1/5

We have made updates to the following documents in compliance with the new Texas 50(a)(6) regulations:

TXAFFHER/27000/Texas Home Equity Loan Refinance Affidavit– Created disclosure completed 1/5
NOTE: This form will print with your closing package for refinance loans in Texas if the tag [HERD] is sent to us (unless other arrangements have been made).

For questions, please contact support at support@docuprep.com

12/29/2017

Document Updates and Changes

In addition to the updates listed below, the new HMDA Addendum to the Uniform Residential Loan Application will print any time that the 1003 prints, beginning January 1st, 2018. The “government monitoring” section of the 1003 will now appear grayed out and will intentionally be left blank.

We have made updates to the following documents in compliance with the new Texas 50(a)(6) regulations:

TXHEQEXT/7144/TX Notice Concerning Extensions of Credit – Updated disclosure for new 50(a)(6) regulations effective January 1, 2018.   Completed 12/31

IDTEXTS/15041/TX Initial Disclosure Notice Concerning Extensions or Credit (Spanish) – Updated disclosure for new 50(a)(6) regulations effective January 1, 2018.   Completed 1/02

IDTXEXTE/15042/TX Notice Concerning Extensions of Credit – Updated disclosure for new 50(a)(6) regulations effective January 1, 2018.   Completed 12/31

TXHELCD/26993/TX Important Notice Concerning Refinancing – Created new disclosure pursuant to Section 50(F)(2)(D) effective January 1, 2018.   Completed 12/31
NOTE: This form will print with refinance loans in Texas if the tag [HERD] is sent to us (unless other arrangements have been made).

TXHEQSEC/7157/TX HE Security Instrument – Updated instrument for new 50(a)(6) regulations effective January 1, 2018.   Completed 12/31

TXHEQSEM/11423/TX HE Security Instrument – MERS – Updated instrument for new 50(a)(6) regulations effective January 1, 2018.   Completed 12/31

TXHEQAGR/7140/TX HE Affidavit and Agreement – Updated disclosure for new 50(a)(6) regulations effective January 1, 2018.   Completed 12/31

TXHE3244/7139/TX HE Fixed Rate Note – Updated Note for new 50(a)(6) regulations effective January 1, 2018.   Completed 12/31

TXHE3522/7997/TX HE Adjustable Rate Note, Treasury Index – Updated Note for new 50(a)(6) regulations effective January 1, 2018.   Completed 12/31

TXHE3523/7143/TX HE Adjustable Rate Note, Treasury Index, Convertible – Updated Note for new 50(a)(6) regulations effective January 1, 2018.   Completed 12/31

TXHE352f/26850/TX HE Adjustable Rate Note, Libor – Updated Note for new 50(a)(6) regulations effective January 1, 2018.   Completed 12/31

TXHE3528/12282/TX HE Adjustable Rate Note, Libor – Updated Note for new 50(a)(6) regulations effective January 1, 2018.   Completed 12/31

TXHE3529/21472/TX HE Adjustable Rate Note, Libor – Updated Note for new 50(a)(6) regulations effective January 1, 2018.   Completed 12/31

As a result of an ongoing review of our documents to ensure compliance with state and federal requirements, we have made the following changes:

NJAPPDIS/7551/NJ Application Disclosure Form – Updated disclosure with new verbiage. This will replace IDNFEES effective January 1, 2018.   Completed 12/31

USAPOACT/26997/Citi Certification of Durable POA – Created new disclosure for Citi Correspondent Lending.   Completed 12/27

We also want to mention that we have updated the thresholds used on the loan analysis to the 2018 limits. These updates will be in place as of January 1, 2018.

For questions, please contact support at support@docuprep.com

December 1, 2017

Document Updates & Changes

COINSDIS/17569/CO Insurance Disclosure Prepayment Penalty Disclosure – Added date, loan number, Lender and Originator name, License and NMLS numbers and check boxes to indicate choice to obtain insurance from lender completed 11/17

TXHE3182/7998/FNMA TX HE Notes & Riders – Updated taglines for joint Fannie Mae/Freddie Mac use completed 11/17

TXHE3187/12281/FNMA TX HE Notes & Riders – Updated taglines for joint Fannie Mae/Freddie Mac use completed 11/17

TXHE3522/7997/FNMA TX HE Notes & Riders – Updated taglines for joint Fannie Mae/Freddie Mac use completed 11/17

TXHE3528/12282/FNMA TX HE Notes & Riders – Updated taglines for joint Fannie Mae/Freddie Mac use completed 11/17

GENAFFIL/25383/Affiliated Business Disclosure – Updated Federal code, added loan number, Lender License and NMLS number and Originator name, License and NMLS numbers completed 11/20

IDVTAPPL/17711/VT Disc of Int & Role of Mtg Lender – Updated the disclosure title, added borrower name, date, property address, loan number, Lender and Originator name, License and NMLS numbers completed 11/20

IDPAINS/10521/PA Choice of Insurance Notice – Removed borders, added date, Lender and Originator name, License and NMLS numbers completed 11/20

INFORMCC/23687/FHA Informed Consumer Choice – Updated the revision and expiration dates on the document completed 11/13

USAW9 /4572/IRS Form W9 – Updated the form with the November 2017 revisions completed 11/29

PA3200/20715/PA Fixed Rate Note – Updated the Note to the current FNMA/FHLMC version completed completed 11/29

PA3501/20389/PA 5/1 ARM Note – Updated the Note to the current FNMA/FHLMC version completed 11/29

PA3502/20535/PA 5/2 ARM Note – Updated the Note to the current FNMA/FHLMC version completed 11/29

DPIASNME/26896/ME MERS Assignment – Added language for recording book and page completed 11/20

11/13/2017

Document Updates and Changes

As a result of an ongoing review of our documents to ensure compliance with state and federal requirements, we have made the following changes:

We have created investor specific ARM Notes and Riders for the US Bank 10/1, 7/1 and 5/1 Interest Only ARM Products. The new documents include a multistate Note and Rider as well as state specific Notes and Riders for AK, FL, LA, NH, PA, TX, VA, VT, WI and WV. They will be available on Thursday, November 16, 2017.

For questions, please contact support at support@docuprep.com

10/27/2014

Document Updates and Changes

As a result of an ongoing review of our documents to ensure compliance with state and federal requirements, we have made the following changes:

VACOMMIT/26198/VA Mortgage Loan Commitment – Update VA Mortgage Loan Commitment with additional rate lock language completed 10/25

AAPLHMDA/26802/Demographic Information Addnm – Updated to current 9/17 version completed 10/25

TXCMERTD/9473/Texas Security Instruments – Updated to current FNMA version to reflect changes in state law regarding foreclosure sale dates completed 10/25

TXCTD/4856/Texas Conventional Deed of Trust #3044 – Updated to current FNMA version to reflect changes in state law regarding foreclosure sale dates completed 10/25

TXFMERTD/9805/Texas (MERS) FHA Trust Deed – Updated to current FNMA version to reflect changes in state law regarding foreclosure sale dates completed 10/25

TXFTD/4822/Texas FHA Deed of Trust – Updated to current FNMA version to reflect changes in state law regarding foreclosure sale dates completed 10/25

TXVAAMTD/6000/Texas VA Amended Deed of Trust FNMA/FHLMC #3044 – Updated to current FNMA version to reflect changes in state law regarding foreclosure sale dates completed 10/25

TXVMERTD/9474/Texas VA (MERS) Amended Deed of Trust FNMA/FHLMC #3044 – Updated to current FNMA version to reflect changes in state law regarding foreclosure sale dates completed 10/25

For questions, please contact support at support@docuprep.com

10/06/2017

Document Updates and Changes

As a result of an ongoing review of our documents to ensure compliance with state and federal requirements, we have made the following changes:

DPIMSFOH/26927/OH Short Form Mortgage – Created security instrument completed 10/4
This document is available upon request.

Loan Analysis test:
We have updated our programming on ARM loans to use the higher of the note rate or fully indexed rate to calculate the APR for testing purposes. You will now see the APR listed twice on the form. One will show as Regulatory APR and one will show as Loan APR.

For questions, please contact support at support@docuprep.com

10/05/2017

Document Updates and Changes

As a result of an ongoing review of our documents to ensure compliance with state and federal requirements, we have made the following changes:

MFX4506B/22865/Form 4506-T Request for Copy of Tax Form with Boxes – Update to current IRS version completed 10/04

USA4506B/21947/Form 4506-T Request for Copy of Tax Form with Boxes – Update to current IRS version completed 10/04

For questions, please contact support at support@docuprep.com

9/29/2017

Document Updates and Changes

As a result of an ongoing review of our documents to ensure compliance with state and federal requirements, we have made the following changes:

DPIBIVNV/26897/NV Mtg Broker Disc of Involvement – Create disclosure completed 9/26

DPITANAR/26898/AR Tangible Net Benefit Wksht – Create disclosure completed 9/26

DPIRTLMU/26926/Multistate Rate Lock Agreement – Create disclosure completed 9/28

USA4506T/12250/IRS Request for Transcript of Tax Return – Update to current IRS version completed 9/27

CTHFAPLC/25644/CT Housing Participating Lender Cert – Update to current CHFA version completed 9/27

For questions, please contact support at support@docuprep.com

September 22, 2017

Document Updates and Changes

As a result of an ongoing review of our documents to ensure compliance with state and federal requirements, we have made the following changes:

WIAPPLDS/11096/WI Application Fee Disclosure – Updated the WI Code, added the Lender license and nmls numbers and the Originator name, license and nmls numbers completed 9/18

NHAPPDIS/13932/NH Advance Fee Disclosure – Added the Lender License and NMLS numbers and the Originator name, License and NMLS numbers completed 9/18

NHPAYAPP/23694/NH Application of Payments Disclosure – Updated NH code, added additional disclosure language, added Lender License and NMLS numbers and Originator name, License and NMLS numbers completed 9/18

IDWARATE/10554/WA Interest Rate Lock Agreement – Updated DFI revision date and add date field completed 9/18

SCLISCTNG/22087/SC Tangible Net Benefit Worksheet – Added Lender License and NMLS numbers completed 9/21

UTADVFEE/21657/UT Advance Fee Disclosure – Updated UT Code and added borrower name, property address, date, Lender and Originator name, License and NMLS numbers completed 9/20

IDNDCONT/22686/ND Money Broker Contract – Added Lender License and NMLS numbers and Originator name, License and NMLS numbers completed 9/20

IDWIBRAG/22118/WI Mortgage Broker Agreement – Added broker telephone number and bolded signature statements completed 9/21

To avoid any conflict with recording requirements in the state of Washington we have moved the Assessor’s Parcel Number, Abbreviated Legal Description, Grantor and Grantee Names below the three inch top margin on the following Washington Security Instruments:

WA2MERTD/9862
WA2NDTD/5004
WACCTD/11666
WACMERTD/9416
WACTD/4860
WAFMERTD/9808
WAFTD/4825
WAVAAMTD/5999
WAVMERTD/9469

8/25/2017

Document Updates and Changes

As a result of an ongoing review of our documents to ensure compliance with state and federal requirements, we have made the following changes:

IDUT1058/20353/UT Prepayment Penalty Disclosure – Added UT Code Lender License and NMLS numbers, Originator name, License and NMLS numbers completed 8/23

IDWAINS/10557/WA Choice of Insurance Notice – Added Lender License and NMLS numbers and Originator name, License and NMLS numbers completed 8/23

IDVABKR/10522/VA Mortgage Broker Disclosure – Updated disclosure name and VA Code, Broker License and NMLS numbers and Originator name, License and NMLS numbers completed 8/24

IDWAMONY/10553/WA Waiver of Right to Appraisal Copy – Added Lender License and NMLS numbers and Originator name, License and NMLS numbers completed 8/24

IDWV1067/20355/WV Lender Placed Insurance Notice – Added Lender License and NMLS numbers, Originator name, License and NMLS numbers and insurance requirement statement completed 8/24

IDWVINS/10560/WV Choice of Insurance Provider Notice – Updated WV Code, added date, loan number, Lender License and NMLS numbers, Originator name, License and NMLS numbers and additional statement regarding cost of insurance obtained through lender completed 8/24

IDWIINS/10559/WI Choice of Insurance Provider Notice – Added Lender License and NMLS numbers, Originator name, License and NMLS numbers and statement regarding the requirement to obtain hazard insurance completed 8/24

WIOBLIGN/22462/WI Notice to Obligors – Added disclosure title, WI Code, date, loan number, borrower name, property address, Lender and Originator name, license and nmls numbers completed 8/24

WYCHOICE/20859/WY Right to Choose Insurance Provider – Added date, borrower name, lender and originator name, license and nmls numbers and check box for insurance obtained through lender completed 8/24

WYPPPDIS/21050/WY Prepayment Penalty Disclosure – Removed borders and added WY code completed 8/24

IDSCBRKR/22192/SC Mortgage Broker Fee Agreement – Updated the address for the SC Dept of Consumer Affairs and the HUD website completed 8/24

For questions, please contact support at support@docuprep.com

Stay Informed

Get our latest updates and industry news.