DocMagic Blog

Navigate the shifting mortgage landscape.

Posts about: Compliance (2)

08/10/2022

US House Passes The Secure Notarization Act

On Wednesday July 27th, the United States House passed the “Securing and Enabling Commerce Using Remote and Electronic Notarization Act of 2022”,...
Author: Gavin T. Ales
08/05/2022

FEDERAL AGENCIES ISSUE UPDATED INTERAGENCY FLOOD INSURANCE Q&AS

The Office of the Comptroller of the Currency (“OCC”), Board of Governors of the Federal Reserve System (“Board”), Federal Deposit Insurance...
Author: DocMagic
07/20/2022

DocMagic makes loan documents ADA accessible

What is ADA accessibility and why is it important?
Author: DocMagic
06/15/2022

CFPB Clarifies scope of States’ Consumer Financial Protection authority

On May 26, 2022, the Consumer Financial Protection Bureau (“CFPB”) published an Interpretive Rule to provide clarity regarding the scope of State...
Author: DocMagic
06/03/2022

FHA ANNOUNCES 40-YEAR LOAN MODIFICATION OPTION

The Federal Housing Administration (“FHA”) recently issued Mortgagee Letter 2022-07 to announce updates to the COVID-19 Recovery Loss Mitigation...
Author: DocMagic
03/22/2022

CFPB Releases Factsheet for Calculating Prepaid Interest Under General QM Rule

On February 23, 2022, the Consumer Financial Protection Bureau (“CFPB”) released a factsheet regarding the interest rate used to calculate prepaid...
Author: DocMagic
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