Updates

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

8/14/2017

Document Updates & 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:

IDMOBROK/17028/MO Loan Brokerage Agreement – Update MO code, added Broker NMLS number and Originator name, License and NMLS numbers, additional disclosure language, and broker representative name and title. Completed 8/7

IDNCAPPL/10536/NC Broker Fee Information – Added merge field option #3. Completed 8/11

VA261880/8144/VA Request for Cert of Eligibility – Updated form to current version from Department of Veterans Affairs. Completed 8/9

IDVT964/20356/VT Addendum to Loan Application – Added VT Code, Lender/Broker License and NMLS numbers, Originator name, License and NMLS numbers and acknowledgement statement. Completed 8/11

IDVAINDS/19455/VA Insurance Disclosure – Added Lender License and NMLS numbers and Originator name, License and NMLS numbers. Completed 8/11

IDVASETT/10517/VA Choice of Settlement Agent – Added VA Code, Lender License and NMLS numbers, Originator name, License and NMLS numbers, updated code reference and choice options. Completed 8/11

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

August 4, 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:

IDMDORIG/20966/MD Broker Agreement – Updated name of disclosure, Broker License and NMLS number, Originator name, License and NMLS numbers, terms statement and Broker representative name and title. Completed 8/1

IDLABRKR/10533/LA Brokerage Agreement/Disc – Added LA Code, loan number, Broker and Originator NMLS number and Broker Representative signature and title. Completed 8/1

IDNYINT/15036/NY Interest Rate Disclosure – Added Lender License and NMLS numbers and Originator name, License and NMLS numbers. Completed 8/1

IDNYBALD/15035/NY Balloon Disclosure – Added loan number, Lender License and MLS umbers, Originator name, License and NMLS numbers, and acknowledgement statement. Completed 8/1

IDNJBSAG/15034/NJ Broker Service Agreement – Added Lender and Originator License and NMLS numbers. Completed 8/1

IDMDSELL/21920/MD Fees Paid by Seller – Updated MD code, added date, borrower name, property address, Lender and Originator name, License and NMLS numbers. Completed 8/1

IDVANINT/21220/MA Borrower’s Interest Worksheet – Added date, Lender NMLS number and Originator License and NMLS numbers. Completed 8/1

MNINSNOT/23689/MN Right to Choose Insurance Provider – Added date, borrower name, property address, loan number, Lender and Originator name, License and NMLS numbers. Completed 8/1

SLINCTNG/22085/NC Tangible Net Benefit Worksheet – Added Lender License and NMLS numbers, Originator NMLS number and changed document to letter size. Completed 8/1

SLINMTNG/22086/NM Tangible Net Benefit Worksheet – Added Mortgage Company and Originator License numbers and changed document to letter size. Completed 8/1

ID1048NM/20379/NM Advance Fee Disclosure – Updated New Mexico code, added Lender License and NMLS numbers and Originator name, License and NMLS numbers. Completed 8/1

IDTXJUNR/22766/TX Jr Lien Insurance Disclosure – Added Lender and Originator name, License and NMLS numbers. Completed 8/1

LABRODIS/8042/LA Brokerage Agreement & Disclosure – Added loan number, Broker and Originator name, License and NMLS numbers, and checkbox for LLC. Completed 8/2

IDORADVN/22762/OR Advance Fee Disclosure – Updated code, added Lender License and NMLS numbers, Originator name, License and NMLS numbers, and additional disclosure language. Completed 8/2

IDOKINSU/15191/OK Right to Choose Ins Provider – Updated code, added Lender License and NMLS numbers, Originator name, License and NMLS numbers, and insurance type choices. Completed 8/3

IDRIAPPD/15200/RI Appraisal Disclosure – Added date, Lender License and NMLS numbers, Originator name, License and NMLS numbers and additional disclosure language. Completed 8/3

RICHOICE/8114/RI Choice of Insurance Provider – Added date, Lender License and NMLS numbers and Originator name, License and NMLS numbers. Completed 8/4

IDCAMTG/14980/CA Mtg Loan Disclosure – Traditional – Added Broker or Representative Signature and date line. Completed 8/4

SCCOSIGN/22890/SC Notice to Co-Signer – Added Co-signer signature and date line. Completed 8/4

IDSCREG/21316/SC Regulatory Agency Disclosure – Added borrower name, property address, Lender and Originator name, License and NMLS numbers. Completed 8/4

TNINSNOT/23692/TN Choice of Insurance Provider – Added date, loan number, borrower name, property address, Lender and Originator name, License and NMLS numbers. Completed 8/4

MDFINAGR/8129 and MDDCCLTR/8532 – Maryland Governor Larry Hogan signed into law Maryland Senate Bill 392 which revises the financing agreement and commitment letter disclosure requirements for transactions subject to TRID. Mortgage lenders can satisfy the requirements by providing borrowers a copy of the Loan Estimate and Closing Disclosure. For transactions not subject to TRID lenders must continue to provide the disclosures. The full text of S.B. 392 can be found at: http://mgaleg.maryland.gov/2017RS/bills/sb/sb0392T.pdf. The disclosure will be removed as of August 7, 2017.

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

7/27/2017

Closing Disclosure – Seller Liabilities Update

In keeping with UCD requirements for both Fannie Mae and Freddie Mac, Seller Liabilities are now available on the Closing Disclosure if you Loan Origination System is capable of sending this data. Seller Liabilities will now appear in the “N. Due from Seller at Closing” section on page 3.

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

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