DocMagic Blog

Navigate the shifting mortgage landscape.

Posts about: Compliance

04/07/2021

CFPB rescinds 7 pandemic-related policy statements

The Consumer Financial Protection Bureau has announced that it is rescinding seven policy statements that were issued last year to assist financial...
Author: Compliance Team
03/31/2021

What is data validation and why is it so important?

The first step of a closing is for a massive amount of information — about the borrower, the property and the type of loan — to be entered into the...
Author: Pauline Vu
02/17/2021

The new URLA: The No. 1 thing to do ASAP to ensure you’re ready

The effective date requiring the new Uniform Residential Loan Application (URLA) is fast approaching—starting March 1, the updated form will be...
Author: Pauline Vu
12/17/2020

The current state of eClosings: A Q&A with DocMagic's compliance chief

The mortgage industry is undergoing unprecedented change, and lenders are weighing the move to eClosings—because in the current environment, it’s no...
Author: Pauline Vu
12/08/2020

DocMagic offers clients automatic audit of NMLS identification numbers

DocMagic is offering an easier way for clients to automatically audit the Nationwide Multistate Licensing System (NMLS) identification number of...
Author: Pauline Vu
11/16/2020

IRS releases new form 4506-C

The Internal Revenue Service (IRS) recently released a new version of Form 4506, as Form 4506-C, IVES Request for Transcript of Tax Return (version...
Author: Compliance Team
  • Recent
  • Topics
Should California allow RON? Secretary of State considers it
DocMagic’s Leah Sommerville wins inaugural NextGen Leader...
Number of title agents who conducted eClosings rose in 2020...
DocMagic client Truliant transfers FHLBank Atlanta’s first...
CFPB rescinds 7 pandemic-related policy statements

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