Updated beneficiary mailing address on page 1. (Date of Release to Production: 12/09/21)

Removed last sentence of first paragraph on page 1. (Date of Release to Production: 12/09/21)

In order to keep DocMagic software users better apprised of document changes and additions as they occur, DocMagic posts listings of all newly created and revised documents. Here is the list of forms created or modified in December 2021.

To view all New/Revised Documents, click here

Updated Credit Scores graph. (Date of Release to Production: 11/18/21)

Updated Credit Scores graph. (Date of Release to Production: 11/18/21)

Updated Credit Scores graph. (Date of Release to Production: 11/18/21)

Removed DocMagic footer logo; will now be filled in. (Date of Release to Production: 11/18/21)

Updated legal citation in footer and "Governing Law" section on page 1, and removed bullets on page 2. (Date of Release to Production: 11/18/21)

Fannie Mae and Freddie Mac (the “GSEs”) recently published a new Supplemental Consumer Information Form (Form 1103).  The form includes questions regarding homeownership education and language preference, which were previously part of the redesigned Uniform Residential Loan Application (“URLA”) but were removed after industry feedback and made optional in October 2019.

The Internal Revenue Service (“IRS”) has begun the process of updating the Income Verification Express Service (“IVES”) to a more modern system.  To move from a manual process to a more efficient automated process, the IRS is implementing optical character recognition (“OCR”) software.