ALTA 2021 Title Insurance Documents:
Availability Dates
This list (as of January, 2024) will be updated as more packages are
authorized to be released.
Stewart Title -- MA, NH:
starting mid-November
(now fully distributed)
First American --
In distribution starting
mid-November (now fully distributed)
WFG -- Ready to go (now fully distributed)
Old Republic -- Ready to go (now fully
distributed)
Fidelity -- Ready to go (now fully distributed)
Chicago/Commonwealth MA, NH, ME -- Ready to go
(now fully distributed)
Chicago/Commonwealth RI -- No forms from
company yet
Westcor -- Ready to go (now fully distributed)
CATIC -- Ready to go
(now fully distributed)
New Title Insurance Documents: Ongoing
for 2022
ALTA has published new title insurance policies,
commitments, and endorsements. The documents, dated 7/1/2021,
are in the process of being adapted by the individual
underwriters. As the underwriter versions become
available, they will be added to Standard Conveyancer
and Standard HUD & Title and distributed to clients. It is anticipated that this
process will be ongoing throughout 2022.
New FNMA Legal Documents: January 2022
Fannie Mae and Freddie Mac have published
new replacement legal documents across the board – new security instruments,
notes and riders. The documents, dated 07/2021, are intended to come into
use during 2022, with adoption mandatory by the end of the year.
The biggest change is a vast simplification in the
selection of variable rate notes. Gone are all the
Treasury Index and LIBOR based notes; in their place are
only one Adjustable Rate Note, Form 3441, and one Fixed/
Adjustable Rate Note, Form 3442. The corresponding
riders for these new notes are Forms 3141 and 3142.
As of January 2022, all of the new documents are
available for Standard Conveyancer, and will be distributed on analong
with the ALTA 2021 documents. The old versions may no
longer be used as of January 2023.
Juneteenth now included in SC
Holidays List: June 2021
The Holidays database in Standard Conveyancer and
Standard HUD & Title has been updated to include the new
Juneteenth Federal holiday. The Holidays database is
used to caclulate the rescission and disbursement dates
for refinances, as well as payoff transit time
calculations.
New MA Recording Fees: December 2019
New recording fees go into effect in Massachusetts on December 31, 2019.
The new fee schedule can be found at the
Secretary of State's web site or those of the individual registries of deeds.
This new fee schedule will not require a program update, as these
are fees that you simply type into the Recording Fees section of
the Closing Disclosure or HUD-1.
IRS Document Updates Since January 2017
Simply right-click on the document you need and click "Save link as"
or "Save target as." Navigate and save to the MWDOC folder inside the
SC folder on your SC data drive.
Your SC drive will usually be a network drive letter, but may be your C: drive
if you are a single user. To have SC Closing Center show you the location of your
data, click the Tools menu, then "Connections," then "Connection Information."
IRS1099M.doc (current
year)
IRS1099I.doc (current
year)
IRSW9.doc (most
current)
IRS4506M.doc (3/2019)
IRS4506I.doc (3/2019)
IR4506TM.doc (6/2019)
IR4506TI.doc (6/2019)
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