Compliance Updates

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Update to DRRCA Selection Logic

Audit Type

Form Update

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Update to selection logic for Disclosure of Right to Receive a Copy of the Appraisal (DRRCA.MSC) to take into account loan amount under TILA §1026.35(c)(2)(ii) exemption.

Update to Missouri Mortgage Rate Lock Agreement (MOMRLA.MSC)

Audit Type

Form Update

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Added MOMRLA.MSC to initial packages.

Update to Colorado Lock-In Disclosure Form Selection Logic

Audit Type

Form Update

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Made Available Colorado Lock-In Disclosure Form for Non-TRID Applicable Loans in the Initial Disclosure Package.

Update to 4506-T Form

Audit Type

Form Update

Notes

Link to Compliance Wizard Article

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Update to the package type for the Request for Transcript of Tax Return (4506T.MSC) to also be included in Initial Disclosure packages.

Update to Wisconsin Application Disclosure Selection

Audit Type

Form Update

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Removal of Wisconsin Application Disclosure (WIAD.MSC) from selection in Closing packages.

Update to Ohio Acknowledgment of Receipt of Home Mortgage Loan

Audit Type

Form Update

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Update to Ohio Acknowledgment of Receipt of Home Mortgage Loan (OHARHML.MSC) to return two copies to all borrower on the loan.

Update to Ohio Disclosure of Right Not to Close

Audit Type

Form Update

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Update to selection logic of Ohio Disclosure of Right Not to Close (OHCD.MSC) to return two copies to all borrowers on the loan.

Update to Best Case/Worst Case Amortization Schedule

Audit Type

Form Update

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Update to Best Case/Worst Case Amortization Schedule to now be created for Construction Only loans. Form must be requested to add to plan.

Update to Maryland Commitment Agreement

Audit Type

Form Update

Notes

Link to Compliance Wizard Article

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Maryland Commitment Agreement (MDC.MSC) from TRID applicable loans and updated logic to select for 1st lient, non-second homes or lender originated equity loans.

Update to Maryland Financing Agreement

Audit Type

Form Update

Notes

Link to Compliance Wizard Article

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Removed Maryland Financing Agreement (MDFA.MSC) from TRID applicable loans and updated logic to select for 1st lient, non-second homes or lender originated equity loans.

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