MORTGAGE INDUSTRY BLOG

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

QRL Leverages DocMagic's eVault Technology to Purchase eNotes from Corresponding Clients

Posted by DocMagic on 10/29/2018

Gains competitive advantage, speeds funding process, results in fewer exceptions

Anaheim, Calif., Oct. 29, 2018—Annual CUNA Lending Council Conference - DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that QRL Financial Services (QRL), a nationwide provider of residential mortgage lending services for community banks and credit unions, has leveraged its eVault technology to purchase eNotes. The announcement was made during the 24th Annual CUNA Lending Council Conference at the Disneyland Hotel in Anaheim, Calif.

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Secure Insight Creates National eClosing Training Program Using DocMagic's Total eClose Solution

Posted by DocMagic on 10/15/2018

Online eMortgage Education Module was developed to help attorneys, title agents and notaries successfully conduct eClosings

WASHINGTON, D.C., Oct. 15, 2018—Secure Insight, a New Jersey-based data intelligence and vendor management firm, announced today at the MBA’s Annual Convention & Expo that it teamed with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, to develop and host an online training program to teach attorneys, title agents, notaries and other entities how to accomplish clear, compliant and completely paperless eClosing transactions.

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DocMagic Teams with Several Southern California Non-Profit Groups and Organizations in Support of Breast Cancer Awareness Month

Posted by DocMagic on 10/10/2018

DocMagic supplies its signature pink slippers at a breast cancer awareness event and blood drive to assist cancer patients and local hospitals

TORRANCE, Calif., Oct. 9, 2018DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has donated a shipment of its popular custom-made pink bunny slippers, which will be handed out at a blood drive event for Breast Cancer Awareness Month. Twenty percent of all donated blood will be given to cancer treatment and research.

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DocMagic and NotaryCam Integrate to Eliminate Reliance on In-Person Notarizations for Paperless eClosings

Posted by DocMagic on 09/28/2018

MBA and ALTA are collaborating to make it easier for states to accept remote online notarizations

NEWPORT BEACH, Calif., Sept. 27, 2018DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, and NotaryCam the leader in online notarization solutions, announced an integration that eliminates the need to wet-sign loan documents in the physical presence of a notary by allowing loan documents to be quickly and compliantly eNotarized online.

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Freddie Mac Expands eMortgage Solutions with DocMagic's eVault Technology to Store and Control eNotes

Posted by DocMagic on 09/18/2018

Technology to validate data, assure quality and compliance for all pre-funded home loans

TORRANCE, Calif., Sept. 18, 2018DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced today that Freddie Mac has implemented its SaaS-based eVault technology and SmartREGISTRY™ platform.

DocMagic’s eVault provides a secure electronic repository for storing documents and performing automated eNote certification to Freddie Mac eMortgage lenders via Loan Selling Advisor®. By automating the eNote certification process, Freddie Mac will speed the funding process, thereby improving liquidity in the mortgage markets and reducing lender’s warehouse line costs.

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Join DocMagic at Digital Mortgage Conference 2018

Posted by DocMagic on 09/13/2018

Heading to Las Vegas for the Digital Mortgage Conference?

Whatever your unique business model, we can help you prepare for your next generation of buyers! Our suite of technology solutions advances the mortgage process at every stage, improving the experience for lenders and settlement service providers with:

  • An extensive eDocument Library plus eSignature technology
  • MISMO category one compliant SMARTDoc® eNotes
  • eNotary Technology for all 50 states
  • Direct connectivity with MERS® eRegistry
  • An irrefutable Audit Trail for proof of compliance
  • A secure, certified eVault
  • An Investor eDelivery channel

We'll be at kiosk #318, ready to support your eMortgage process. Book some time directly to your calendar!

 
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TRID Talks Video Series: Preparing for TRID 2.0 on October 1

Posted by DocMagic on 09/11/2018

Introduction to TRID 2.0

Throughout the month of September Chief Compliance Officer, Gavin Ales, will introduce some of the major changes coming with TRID 2.0 and provide clarification for each topic along with expert commentary on the new regulations, what has changed and what it means to be compliant.

Training and Education Manager, Ron Carillo, will show you how and where to get started testing TRID 2.0 implementation inside DocMagic.

Below, you’ll find the topics for current and upcoming episodes of TRID Talks.

Got questions about TRID 2.0? Contact us at trid@docmagic.com

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DocMagic Delivers an Automated Compliance Solution for the Long Term

Posted by DocMagic on 08/28/2018

Maintaining an effective Compliance Management System (CMS) entails each lender’s structured plan for meeting regulatory compliance. Developing training manuals and documents — the people, training, procedures — is just part of implementing a working CMS. It’s critical for lenders to implement automated technology solutions to ensure standardization, consistency and verifiable compliance across their entire operation. 

Electronic document generation coupled with automated compliance is key to delivering a verifiable service protecting all parties in the mortgage process. Providing a scalable and adaptable set of tools, DocMagic’s automated compliance solution allows lenders to respond quickly and easily to shifting regulatory requirements. 

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Lenders One Announces Lenders One eClosing by DocMagic at the Annual Summer Conference

Posted by DocMagic on 08/08/2018

A complete eClosing solution for Lenders One members to help accelerate the eMortgage journey

SALT LAKE CITY, Aug. 06, 2018 (GLOBE NEWSWIRE) -- Lenders One Cooperative, a national alliance of independent mortgage bankers, today announced the launch of Lenders One® eClosing by DocMagic, a complete eClosing solution for borrowers, lenders and investors. The eClosing solution provides an entirely paperless workflow that integrates every component of the closing process and guides users through each step.

Launched for Lenders One members today at the Lenders One Summer Conference in Salt Lake City, Lenders One eClosing by DocMagic is evidence that eMortgages and eClosings are no longer a future-state vision. When using the solution, the average loan closing “at the table” can be reduced from 60 minutes to 15 minutes, helping to dramatically improve the borrower experience. 

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DocMagic Joins Support for Girls, Inc.

Posted by DocMagic on 07/25/2018

We were thrilled that a few of our women executives got to be a part of a worthy charity effort in Dallas, TX last month. DocMagic joined other mortgage industry technology providers Credit Plus, Home Captain and Snapdocs as key benefactors in a charity effort that raised $1,500 for Girls Inc. of Metropolitan Dallas. Tanya Brennan, eMortgage Product Manager, and Lori Johnson,  Director of Client Services, were in town to attend the networking party at Hotel ZaZa in uptown Dallas and were happy to collaborate in sponsoring a Girls Inc. wish list containing games and craft supplies totaling $1,500. Read Full Press Release

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