The CFPB recently published a final rule making non-substantive updates to various federal regulations.  The rule updates the CFPB’s, and other agencies’, contact information (e.g., mailing address, phone numbers, and websites) that is written into regulatory text or related commentary for regulations for which the CFPB has rulemaking authority.  In some cases, this update will have implications for federal forms provided by DocMagic. &nb

As noted in prior articles, Fannie Mae and Freddie Mac published new versions of their Uniform Instruments in July 2021, with a required use date of January 1, 2023.  DocMagic moved to the new versions of standard conventional documents as of August 12, 2022.  In addition, DocMagic announced that we would be making updates to the notes, riders and security instruments used for FHA and VA loan types as a result of the uniform instrument changes.

The Department of Housing and Urban Development (“HUD”) recently released a Final Rule, entitled Restoring HUD’s Discriminatory Effects Standards.  The Final Rule rescinds the 2020 rule,  “HUD’s  Implementation of the Fair Housing Act’s Disparate Impact Standard” (“2020 Rule”), and recodifies the previous rule enacted in 2013,“Implementation of the Fair Housing Act’s Discriminatory Effects Standard”

On March 15, 2023, the Federal Housing Finance Agency (“FHFA”) announced that the e

The Massachusetts legislature and governor recently enacted a supplemental budget bill that includes new laws allowing for use of remote online notarizations.  The bill passed is entitled “Chapter 2 of the Acts of 2023” and includes supplemental appropriations for 2023.   Inserted into the bill’s language are several sections that modify existing laws on notarial acts and create a new ability to satisfy personal appearance of a signer using remote comm

On March 23, 2023, the Federal Housing Finance Agency (“FHFA”)