DocMagic Blog

Navigate the shifting mortgage landscape.

Posts about: Fannie Mae

08/11/2021

Fannie Mae and Freddie Mac announce changes to uniform instruments

On July 7, 2021, Fannie Mae and Freddie Mac (the GSEs) announced changes to all uniform instruments, except those being retired — including notes,...
Author: Compliance Team
08/04/2021

FHFA to eliminate the adverse market refinance fee

The Federal Housing Finance Agency (FHFA) announced that the Adverse Market Refinance Fee of 50 basis points (0.500%) will be eliminated for loans...
Author: Compliance Team
07/06/2021

FHFA director replaced following Supreme Court decision

On June 23, 2021, the U.S. Supreme Court issued a 7-2 decision in Collins v. Yellen, which held that the structure of the Federal Housing Finance...
Author: Compliance Team
09/24/2020

The redesigned URLA will be required in a few months; are you ready?

(2/27/21 update: The new URLA: The No. 1 thing to do ASAP to ensure you're ready) Starting March 1, 2021, all lenders who intend to sell closed...
Author: Pauline Vu
09/16/2020

FHFA, other agencies announce extension of COVID-related policies

On Aug. 26, the Federal Housing Finance Agency (FHFA) announced an extension of its policies providing for Fannie Mae and Freddie Mac (the GSEs) to...
Author: Compliance Team
06/11/2019

Testing the URLA

Testing Information The first big change with these forms is in the Uniform Loan Application Dataset, or ULAD, for short. This dataset is used to...
Author: DocMagic
  • Recent
  • Topics
CFPB publishes analysis of consumer complaints
DocMagic unveils eSign 3.0, with new RON, eClosing...
SimpleNexus enables fully digital loan closings with...
DocMagic to attend fall mortgage trade shows; let’s connect!
Did You Know: A basic hybrid eClosing is easier than you...

Download the Community State Bank case study

Learn how a century-old bank is using eClosing technology to re-invent itself for the digital age.

Download now