Press Release: With over 25 years of experience in solving industry problems, Iannitti is recognized
TORRANCE, Calif.—March 18, 2014—DocMagic, Inc., the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry, announced today that its Chief Executive Officer, Dominic Iannitti, has made an exclusive list of top industry technologists. This year’s Mortgage Banking magazine Tech All-Star list only includes 8 talented executives.
“It’s an honor to be recognized, however, our work has never been in pursuit of accolades,” Iannitti said. “We know we’ve done the job well when our customers tell us so and I am proud to say they tell us that every single day. I thank the editors of Mortgage Banking Magazine and look forward to serving this industry for many years to come.”
Iannitti founded DocMagic in 1988 when personal computers were new and business solutions that capitalized on technological tools were rare. He foresaw the day when all documents used to originate mortgage loans would be generated automatically in a fully compliant manner, provided in an electronic format and securely stored indefinitely. That goal was achieved this month when DocMagic became the first in the industry to originate an FHA mortgage with every document except the note executed in a completely electronic format.
“More than ever before, in the 12 years that Mortgage Banking has been handing out these awards, technology is the superhero that’s keeping the industry from melting down,” the editors wrote in their March cover story about the awards. “Today, there is no question that DocMagic has evolved well beyond those early PC days and today faces a time when compliance at closing has become a vastly more complicated proposition. The company’s compliance and in-house legal staff constantly monitor legal and regulatory changes at both the federal and state levels to ensure accuracy.”
DocMagic, Inc. is a leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1988 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. DocMagic guarantees and warrants that all agency forms are up to date and in compliance with GSE requirements. The company's compliance experts and in-house legal staff constantly monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit www.docmagic.com.