Mortgage news to keep you compliant.

08/17/2016

DocMagic's Chief Legal Officer, Melanie Feliciano, named "Leading Lady" on MReport's 2016 "Women in Housing" list

MReport Announces 2016 Women in Housing Honorees

DALLAS, August 17, 2016 – Today The MReport announced its 2016 “Power Players,” “Leading Ladies,” and “Emerging Leaders” honorees as part of its September 2016 special issue celebrating the accomplishments of women in the mortgage industry.

The 2016 “Power Players” are five mortgage and housing veterans with roles in both the government and private sector. In addition to powerful female leaders, 50 additional women were selected for MReport’s 2016 “Leading Ladies” and “Emerging Leaders” list. The women selected for these honors were nominated by their peers in the industry, who cited all the qualities that make them strong leaders—such as their intelligence, drive, and pursuit of innovation.

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08/17/2016

D+H adds more than 100 DocMagic clients to its Mortgagebot® Solution

Press Release:

D+H adds new clients after signing reseller agreement with DocMagic in October 2015


LAKE MARY, FL, Aug. 15, 2016 /CNW/ - DH Corporation (TSX:DH) ("D+H"), a leading provider of technology solutions to financial institutions globally, today announced that it has brought on more than 100 new lendersto its MortgagebotLOSTM solution, after signing a reseller agreement with DocMagic, Inc. ("DocMagic") last October. DocMagic is a leading provider of fully compliant loan document preparation, compliance, eSign and eDelivery solutions.

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08/16/2016

Join us at the eSignRecords2016 Conference!

By Melanie Feliciano
ESRA Executive Board Member; and
Chief Legal Officer,
DocMagic, Inc.

As longtime members of Electronic Signature and Records Association (ESRA), DocMagic is proud to be a sponsor of this year's eSignRecords2016 Conference. Coming November 2-3 in Washington D.C., this year's signature event will take place at the iconic Ronald Reagan Building and International Trade Center. 

I encourage you to take the opportunity to attend this special event. ESRA's annual conference continues to be a unique platform for organizations across a wide variety of industries to meet and exchange ideas, best practices, and unified strategies in the electronic signature and digital transaction arena.

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07/01/2016

Roostify Integrates with DocMagic to Facilitate a Faster, More Accurate Online Consumer Mortgage Process

Press Release:

Integration allows consumers to complete the mortgage application and execute disclosure documents from a single online platform, reducing errors and time-to-loan completion

San Francisco, Calif. (June 29, 2016) – Roostify, a provider of automated mortgage transaction technology, today announced the completion of its integration with DocMagic, the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions. Directly from Roostify’s platform via the web or mobile device, consumers are able to securely access, electronically receive, review and sign all initial disclosure documents at the time of application with DocMagic’s proprietary eDelivery and eSignature system.

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05/13/2016

DocMagic Announces ‘eQC’ Automated Due Diligence Solution for Investors and Correspondent Lenders

Press Release:

eQC combines proof of TRID compliance with unsurpassed loan-level data transparency, providing the ‘Holy Grail’ in automated due diligence.

TORRANCE, Calif., May 12, 2016—DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced the formal launch of its fully integrated ‘eQC’ solution that automates due diligence for investors and correspondent lenders. eQC provides a complete closed loan MISMO 3.3/UCD XML data file, an automated compliance report, and a detailed audit trail with a document integrity certification that certifies that the XML data provided and documents match prior to investor delivery.

The automated compliance component of eQC includes a complete electronic record of compliance that arms investors and correspondent lenders with a detailed audit trail that eliminates concerns over future TRID audits and violations.   

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04/18/2016

DocMagic Named 'Top 100 Mortgage Employer' for 2016 by National Mortgage Professional Magazine

Press Release:

TORRANCE, Calif., -- DocMagic, Inc. the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that it was named to National Mortgage Professional magazine's annual "Top 100 Mortgage Employers" list for 2016.

The award is based on the magazine's Mortgage Company Employer Score (MECS), which weighs various factors in order to compile the list. A polling of readers is used with the following criteria: corporate culture; compensation; day-to-day management; internal communications; training resources; long-term strategy; innovation; speed; technology; and industry participation.

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04/14/2016

SmartCLOSE Wins 2016 Progress in Lending Innovations Award!

SmartCLOSETM, DocMagic's collaborative TRID compliant closing portal is a winner of the 2016 Progress in Lending Innovations Award! With a goal to recognize true industry innovation, The Progress in Lending Association Executive Team judged every entry in several important categories; Industry Significance, Overall Uniqueness, Positive Change, Intangible ROI and Hard Savings ROI.

While the TRID compliance frenzy swept the industry there were a large number of Collaborative Closing portals launched in a short time period. Like many technology vendors, DocMagic saw the need for a portal that allows lenders, settlement service providers and others to work in sync inside a secure environment to view, share, update and exchange data prior to closing. That’s just the beginning however, as SmartCLOSE’s industry significance lies in the fact that its functionality moves far beyond the simple back and forth of email communications.

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03/30/2016

DocMagic Announces the Formal Launch of its New Total eClosing Solution

 

Presss Release:
Transforms the entire mortgage process from initial eDisclosure to final eClosing and investor eDelivery

TORRANCE, Calif., March 30, 2016 -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today the formal launch of its fully integrated eClosing solution that electronically transforms the entire mortgage process from initial eDisclosure to final eClosing through investor eDelivery. 

DocMagic's total eClosing process seamlessly integrates its eDocument library, SMARTDoc™ eNote with eSignature, eNotary, MERS eRegistration, eDelivery and eVault services in a comprehensive end-to-end eClosing solution that delivers substantially faster closings, total data transparency, superior regulatory compliance and maximum process efficiency. 

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03/21/2016

We're going BIG at MBA Tech 2016

Mark your Calendars!

We're celebrating the innovative eFuture of the mortgage industry on April 3 - 6 at MBA's Technology Convention & Expo in Los Angeles, CA! You're invited to attend our Futurescape Event Monday night, April 4th, at the Conga Room inside LA Live!

Join us at booth #302 where we'll be introducing our new eClosing process! We've extended the functionality of SmartCLOSE™ to support a complete eClosing collaboration between lenders and title companies.

DocMagic's eClosing process seamlessly joins our enote, e-signature, e-notary, MERS e-registration, e-delivery, and e-Vault services to deliver an end-to-end eClosing solution.

We're designing the tools and technology to help our customers work smarter... not harder!

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02/16/2016

DocMagic Unveils New Premium Rep and Warrant Offering Guaranteed TRID Compliance up to $5 Million

Press Release:
DocMagic puts its money where its mouth is with the most far-reaching compliance guarantee of its kind in the mortgage industry

TORRANCE, Calif., Feb. 16, 2016 -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, today announced the development of an extensive set of new reps and warrants for its calculations, documents and data, which provides peace of mind to lenders when it comes to compliance with the TRID rule.

The greater risk of civil liability under the new TRID disclosure requirements means lenders and investors may face liability for incorrectly completing various sections on the TRID disclosures. With DocMagic's TRID-ready systems and now the Premium Compliance Guarantee, DocMagic has implemented a solution that mitigates lender risk of non-compliance. With the Premium Compliance Guarantee, the Loan Estimate and Closing Disclosure are guaranteed to be accurate and complete.

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