Updates

January 9, 2020

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:

IDMALDIS/23734 – Massachusetts License Disclosure. The title and citation on the document were updated to match the promulgating statute. Completed 01/07/2020.

DCTAXEX/8121 – D.C. Real Property Recordation and Transfer Tax Form FP 7/C. This document was updated to match the version recently published by Washington D.C. Completed 01/08/2020.

January 6, 2020

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:

MASFLOOD/25016 -Massachusetts Flood Notice Disclosure. Docu Prep updated our form to most current version. Completed 01/03/2019.

January 1, 2020

Document Updates and Changes

CCPA Compliance, Loan Analysis Annual Threshold Changes, FL Notary Blocks

As a part of CCPA, we have added the following general use document to initial disclosures on CA loans to help clients comply with CA Civ. Code 1798.100(b), which requires disclosure of the categories of Personal Information businesses will collect from consumers.

CACCPR/27746 – California Consumer Privacy Rights Notice

Please note the following regarding this document: (1) that it was developed by Docu Prep, (2) that Docu Prep does not engage in the practice of law and you should have this form reviewed by your own attorney or counsel, (3) that no model form currently exists for this document, (4) that the Attorney General of California is still developing regulations for CCPA that could change the requirements for this document, (5) that it is subject to change, as necessary, and (6) that clients may ask for it to be removed by contacting support@docuprep.com. Completed 01/01/2020.

We have updated the Privacy Policy located on our website to conform to requirements under the California Consumer Privacy Act (“CCPA”). Completed 01/01/2020.

The Loan Analysis has been updated to match 2020 published thresholds, including: FHFA conforming loan limits; CFPB High-cost and QM limits; and state-specific thresholds. Completed 01/01/2020.

Florida document notary blocks (on documents requiring a notary) were updated to meet the requirements of HB 409. Completed 01/01/2020.

December 5, 2019

Document Updates and Changes

IRS Taxpayer Consent Form

We have added a new form USIRSTXC/27737 IRS Taxpayer Consent to comply with the Taxpayer First Act of 2019. This form will be added to all initial disclosures as of 12/6/2019. If you would like the form to be in a different document package please contact us.

October 29, 2019

Document Updates and Changes

Trust Document Changes

INVIVRID/7297 -Inter Vivos Revocable Trust Rider. Docu Prep has updated this rider to include “settlor” signing verbiage not accounted for in standard trust signature blocks but applicable to this form. See, Fannie Mae Selling Guide (Oct 2, 2019 publication), page 1144, for an example.  Completed 10/29/2019

INTVIACK/7298 -Inter Vivos Revocable Trust Rider Settlor Acknowledgement. This document is no longer necessary with the language added to the Trust Rider. This document will be removed as of 11/5/2019. If you prefer to keep this document in your trust package please let us know. To be completed 11/5/2019

October 28, 2019

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:

ADPAINFO/21454 -PA Important Information about your Loan. This form is no longer necessary and has been removed. Completed 10/24/2019

COITEMIZ/22105 -Colorado Itemization of Fees. This form is no longer necessary and has been removed. Completed 10/22/2019

MOHELOC/26307 -Missouri HELOC Security Instrument. Updated the reference to the full legal description on page 1. Completed 10/24/2019

CA Security Instruments -Added the street address and the parcel ID/Tax ID to page 1 to comply with San Francisco County recording requirements. Completed 10/24/2019

October 15, 2019

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:

USA92541/4549 – Builder’s Certification of Plans, Specifications, & Site. Docu Prep updated the form. Completed 10/14/2019

VACMCERT/21334 – VA Common Lender and Borrower Certifications. Docu Prep updated the Power of Attorney Certification to match small changes made in VA’s recently published updates to VA Lenders Handbook, Chapter 9(8)(c). Completed 10/14/2019

VPOACERT/21506 – Certification when a Power of Attorney is Used. Docu Prep updated this Certification to match small changes made in VA’s recently published updates to VA Lenders Handbook, Chapter 9(8)(c). Completed 10/14/2019

October 7, 2019

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:

RURALHOU/14179 – USDA updated form RD 3555-21 Request for Single Family Housing Loan Guarantee. Docu Prep updated our form to be compliant. Completed 10/04/2019.

IDIN1501/20634 – Indiana updated form INSOS/LBA Indiana Loan Broker Agreement. Docu Prep updated the form to be compliant. To be completed 10/09/2019.

The state of Virginia has relocated some of its real estate regulatory code from Title 55 to Title 55.1 of the Virginia Code. As a result of this change, citations have been updated on the following Virginia documents:

IDVASETT/10517 – Virginia Choice of Settlement Agent-Initial Disclosures.  Completed 10/07/2019

VAHELOC/26443 – Virginia HELOC Security Instrument. Completed 10/07/2019

September 26, 2019

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:

VABUILD/12404 – VA Builder Statement Updated to align with the VA’s recently published changes to VA Lenders Handbook, Chapter 13.   completed 9/26/2019

September 24, 2019

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:

ORFRCAFF/27591 – Purchaser Affidavit for Home in Foreclosure Process. In the state of Oregon if a seller’s home is, or is about to enter, into foreclosure, the buyer must certify that it has presented the notice contained in the document to the seller. If you would like this document added to your doc set please let us know.

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