MORTGAGE INDUSTRY BLOG

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Pauline Vu

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What is data validation and why is it so important?

Posted by Pauline Vu on 03/31/2021

The first step of a closing is for a massive amount of information—about the borrower, the property and the type of loan—to be entered into the lender’s loan origination system (LOS). Data validation is the process by which that information is audited and verified.

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Survey: Almost 40% of millennials would buy home online

Posted by Pauline Vu on 03/24/2021

Millennials are much more likely than other generations to say they would be comfortable buying a home online—and their younger Gen Z counterparts aren’t far behind, according to a new Zillow survey.

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DocMagic named to HousingWire's Tech100 list for 8th straight year

Posted by Pauline Vu on 03/11/2021

DocMagic has been named to HousingWire’s 2021 Tech100 Mortgage list, which recognizes the mortgage industry’s most innovative and impactful companies.

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Ask the eClosing Team: What do lenders need to get set up for eNotes? 

Posted by Pauline Vu on 03/04/2021

Welcome to Ask the eClosing Team, a new series where DocMagic’s eClosing pros tackle real questions that we’re hearing from lenders. Today’s response is supplied by eClosing Team leader Dan McGrew, president and CEO of Elite Digital Advisors.

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Magazine survey shows overwhelming demand for eClosings

Posted by Pauline Vu on 02/24/2021

By a large margin, PROGRESS in Lending magazine’s 90,000+ readers say that eClosing technology is in high demand. 

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The new URLA: The No. 1 thing to do ASAP to ensure you’re ready

Posted by Pauline Vu on 02/17/2021

The effective date requiring the new Uniform Residential Loan Application (URLA) is fast approaching—starting March 1, the updated form will be required in residential mortgage loan packages that lenders intend to sell to Fannie Mae or Freddie Mac.

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RON update: First new remote online notarization law of 2021 passes

Posted by Pauline Vu on 02/12/2021

The first remote online notarization (RON) law of 2021 has passed, and it has a surprising detail—it also enshrines remote ink-signed notarization (RIN) in the state’s statute.

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Paradigm shift: 4 key mortgage industry changes over the last year

Posted by Pauline Vu on 01/27/2021

Brian D. Pannell, DocMagic’s Chief eServices Executive, examines some of the key changes the mortgage industry has seen over the last year.

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Case study: Amid pandemic, new lender flourishes in remote environment

Posted by Pauline Vu on 01/21/2021

At the start of the pandemic, companies across America were abruptly forced to send their employees home and quickly scramble to adjust to remote work. But even though new lender MortgageCountry had just begun operations, its president, Ira Brownstein, wasn’t worried.

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DocMagic’s David Garrett named to MISMO standards committee

Posted by Pauline Vu on 01/07/2021

DocMagic’s Integration Services Manager, David Garrett, is set to begin a two-year term this month for the Mortgage Industry Standards Maintenance Organization (MISMO) Residential Standards Governance Committee.

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