April 2023 Compliance Recap

Here are the latest and greatest compliance updates from our team of experts who are continually reviewing requirements for document changes and publishing real-time updates.

Document and Form Updates:

  • Because of recent guidance, we have made minor updates to the language of our Maryland Dual Capacity Disclosure (Cx24966) and updated the configuration to a generic document. Read more.
  • As previously announced, New York State Assembly Bill A9493A adds a new disclosure requirement for VA loan counseling. This act is effective April 15, 2023. To comply with this disclosure requirement, a new document has been created as Cx26686… Read more.

Global Data Integrity Checks:

  • Updates to the IRS Tax Return End Date Default Values for 2023 in ConformX went into production on April 16, 2023. Read more. 

For full details related to document and mortgage compliance updates, visit our website. Fill out the form at the bottom of the page to subscribe and receive real-time updates.

The above information is for informational purposes only and is not and may not be construed as legal advice. No third-party entity may rely upon anything contained herein when making legal and/or other determinations regarding its practices, and such third party should consult with an attorney prior to embarking upon any specific course of action.