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Update to 4506-C IVES Request for Transcript of Tax Return

DocMagic is pleased to announce updates to the programming of the IVES Request for Transcript of Tax Return (Form 4506-C) which will provide an improved experience when requesting more than one transcript request per borrower. 

For LOS users, Form 4506-C will be returned with the direct input from your LOS system along with the assignment to a specific borrower(s) to create the correct number of forms. If requested, more than one transcript per borrower will return automatically without the need to request an update to client account settings.  

GSEs Publish State-Specific SOFR Notes and Riders

Fannie Mae and Freddie Mac (the “GSEs”) have published new state-specific model forms for the 30-day Average Secured Overnight Finance Rate (“SOFR”) adjustable-rate notes and riders. The new forms are being provided for states that require state-specific authorized changes, previously covered in the instructions for the Multistate versions of the forms. There are no substantive changes to the content of the forms except for including the state-specific authorized changes in individual forms, and updated state-specific taglines dated 05/2024.

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