MORTGAGE INDUSTRY BLOG

Read all the latest information about our solutions, compliance updates and company culture

The redesigned URLA will be required in 5 months; are you ready?

Posted by Pauline Vu on 09/24/2020

Starting March 1, 2021, all lenders who intend to sell closed residential mortgage loans to Fannie Mae or Freddie Mac will be required to use the new Uniform Residential Loan Application (URLA), the standard form that borrowers use to apply for a mortgage loan.

Read More

FHFA, other agencies announce extension of COVID-related policies

Posted by Compliance Team on 09/16/2020

On Aug. 26, the Federal Housing Finance Agency (FHFA) announced an extension of its policies providing for Fannie Mae and Freddie Mac (the GSEs) to continue to purchase loans that entered a COVID-related forbearance prior to purchase. The GSEs’ policies were set to expire Aug. 31, but the announcement extends the policies to Sept. 30.

Read More

An eClosing Q&A with DocMagic's director of enterprise solutions

Posted by DocMagic on 09/09/2020

The pandemic has forced a lot of change in a short amount of time in the mortgage industry. DocMagic's Director of Enterprise Solutions, Chris Lewis, shares his insight about eClosings in the age of COVID-19. (Note: This interview previously appeared in the August edition of The MORTGAGE BANKER magazine.)

Read More

DocMagic’s Lori Johnson honored with HousingWire’s 2020 Insiders Award

Posted by DocMagic on 09/03/2020

Lori Johnson, DocMagic’s Director of Client Services, has been named as a 2020 HousingWire Insider thanks to her recent eClosing implementation successes.

Read More

DocMagic gifts signature bunny slippers to blood drive donors

Posted by Pauline Vu on 09/01/2020

More than 40 people braved 100-degree weather to participate in a recent charity blood drive, receiving a pair of DocMagic's distinctive novel bunny slippers in appreciation of their life-saving donations.

Read More

Why lenders still need print fulfillment—even if they're going digital

Posted by Pauline Vu on 08/25/2020

It may seem like the need for print fulfillment services is counterintuitive to digitizing the mortgage process, but the two things aren’t mutually exclusive.

Read More

5 key questions about ID validation during RON

Posted by Pauline Vu on 08/12/2020

Lenders who are interested in a remote online notarization (RON) closing often have questions about how the identity validation works. Here are some of the most common questions and answers about it.

Read More

Ginnie Mae, 3 FHLBanks start accepting eNotes

Posted by Pauline Vu on 08/05/2020

eNotes are having a moment. Last month, Ginnie Mae formally kicked off its Digital Collateral Program to begin the process of accepting electronic promissory notes—or eNotes—and other digital loan documents as collateral.

Read More

DocMagic nominated for prestigious architecture award

Posted by Pauline Vu on 07/28/2020

We’re excited to announce that our state-of-the-art, 25,000-square-foot technology center in Torrance, Calif., is up for Architizer’s A+Popular Choice Awards in the “Architecture +Workspace” category!

Click here to vote for DocMagic.

Read More

DocMagic teams up with Simplifile to facilitate eClosing adoption

Posted by Pauline Vu on 07/27/2020

DocMagic is joining forces with Simplifile, a document collaboration and eRecording provider, to create new process efficiencies that will further digitaize the closing process.

Read More

Subscribe Here!

Recent Posts

Posts by Tag

See all