MORTGAGE INDUSTRY BLOG

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

DocMagic’s CEO honored with Lending Luminary Award

Posted by DocMagic on 10/27/2020

DocMagic CEO and President Dominic Iannitti was named a Lending Luminary award winner by the PROGRESS in Lending Association. The honor, now in its 2nd annual year, was awarded to just 25 people across the mortgage industry, including bankers, lenders, servicers, technology executives, consultants, and more.

Read More

Benefits of remote online notarization (RON) can’t be overstated

Posted by Pauline Vu on 10/22/2020

Remote online notarization (RON) eClosings have been on the rise during the age of COVID-19, as they’re seen as the safest closing option during a time when social distancing is paramount.

Read More

CFPB’s 5-year TRID assessment produces mixed results

Posted by Pauline Vu on 10/15/2020

Earlier this month the Consumer Financial Protection Bureau (CFPB) released a five-year lookback assessment of the TRID rule—and its findings contain mixed results.

Read More

California enacts consumer financial protection law

Posted by Compliance Team on 10/07/2020

The California legislature recently enacted a new consumer protection law, called the Consumer Financial Protection Law (CFPL).

Read More

DocMagic, VirPack integrate platforms

Posted by DocMagic on 10/01/2020

DocMagic has integrated with VirPack to facilitate the seamless exchange of loan files and docs for compliant eSigning through DocMagic’s eSign platform.

Read More

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 has been adapted from 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

Subscribe Here!

Recent Posts

Posts by Tag

See all