Pursuant to our yearly audit of state-specific disclosures, we will be making the following changes:
Model Form Update: Michigan Principal Residence Exemption (PRE) Affidavit (Cx995)
A new version of the model form has been made available on the Michigan Department of Treasury website. We will be updating Cx995 to match the form provided on their website.
Model Form Update: Michigan Property Transfer Affidavit (Cx996)
A new version of the model form has been made available on the Michigan Department of Treasury website. We will be updating Cx996 to match the form provided on their website.
Model Form Update: Michigan Request to Rescind Principal Residence Exemption (PRE) (Cx997)
A new version of the model form has been made available on the Michigan Department of Treasury website. We will be updating Cx997 to match the form provided on their website.
Address Update: Mississippi Mortgage Origination Agreement (Cx3315)
The address for the Mississippi Department of Banking and Consumer Finance, where complaints against a licensee can be made, will be updated to:
Model Form Update: Indiana Property Tax Benefits (Cx14885)
A new version of the model form has been made available on the Department of Local Government Finance website. We will be updated (Cx14885) to match the form provided on their website.
These changes will take effect on August 17, 2016. If you have any questions or concerns about these changes, please contact Client Support at 1.800.497.3584
DR 203335
Update: The configurations of the MI Property Transfer Affidavit (Cx996) and the MI Request to Rescind Principal Residence Exemption (PRE) (Cx997) are being slightly modified in order to have them only print when potentially applicable. The configurations of these two documents will now be the same as the configuration of the MI Principal Residence Exemption (PRE) Affidavit (Cx995):
Occupancy = Primary Residence
State Code = Michigan
Loan Purpose = Construction-To-Permanent
Loan Purpose = Purchase
Document Package Type = Closing
Heloc = No
These changes will be in effect on August 18, 2016.
DR 203335
Update: On August 10th Docutech announced a change to the Mississippi Mortgage Origination Agreement (Cx3315). We discussed the address with an examiner at the Department of Banking and Consumer Finance, and they clarified that the address should be:
Mississippi Department of Banking and Consumer Finance
P.O. Box 12129
Jackson, MS 39236-2129
This change is effective immediately.
DR 206544