DocMagic is making an agnostic version of its eSign technology free to help organizations increase productivity and efficiency among work-from-home employees during the coronavirus pandemic—both during the stay-at-home orders and after they are lifted.
A recent DocMagic update has made it easier to conduct transactions that involve someone with power of attorney (POA) acting on a borrower’s behalf, especially during the closing event. This is crucial during the current COVID-19 era, helping to reduce the amount of in-person contact needed by borrowers and title companies.
TORRANCE, Calif., October 16, 2019—DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced the launch of its new LoanMagic mobile application. LoanMagic, which is provided free to all DocMagic customers, leverages a powerful backend platform that provides full interoperability with DocMagic solutions, as well as other third party mortgage software.
Press Release:
Unrivaled industry eSigning adoption among mortgage clients fuels transaction spike
TORRANCE, Calif., May 11, 2015 -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that its eSign platforms have now processed more than 100 million mortgage-related eSignature transactions.
"We are very pleased with the sheer number of eSignatures that we are seeing executed among our client base," said Dominic Iannitti, president and CEO of DocMagic. "This is positive news for the mortgage industry as a whole. In previous years, eSign adoption was much lower among lenders working with borrowers. We have always encouraged clients to take advantage of our eSigning technology; this impressive number of transactions certainly reflects that."
Easy for the Borrower...
Convenient and Compliant for you!
Coming February 1st, a new look and intuitive features make DocMagic’s eSign platform better than ever – giving you a fast and compliant electronic document signing, management, and storage process! Just for borrowers, we focused on signer-friendly improvements designed to enhance the signing experience!
Powerful addition makes DocMagic the undisputed leader in eSign & eVaulting Solutions
TORRANCE, Calif.—October 16, 2014—DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today it has acquired award winning industry innovator and leader in electronic software solutions, eSignSystems, from WAVE Systems Corp. (NASDAQ: WAVX). As part of the acquisition, DocMagic will bring on the entire management team of eSignSystems, including co-founder and EVP of Sales and Marketing, Kelly Purcell, and SVP of Technology Solutions, Jonathan Kearns.
“The acquisition of eSignSystems by DocMagic is a marriage of extraordinary talented and visionary people with incredible SaaS and on-premise products and services,” said Dominic Iannitti, President and CEO of DocMagic. “The management team at eSignSystems has done an exceptional job bringing innovative solutions to the forefront of e-mortgage adoption, and their contribution to the eMortgage revolution cannot be overstated. By combining the best of eSignSystems on-premise software with DocMagic’s SaaS solutions, eSignature patent, compliance and enterprise infrastructure, there is no question that this acquisition was meant to be. Simply put, we are just better together.”
DocMagic’s eSign Console is getting new look and feel!
This exciting enhancement includes a new intuitive Performance Dashboard that gives you a snapshot of recent eSignature activity and unveils new tools and features to help you find what you need faster, stay organized and keep track of work in progress – all in one place!
Redesigned with user feedback in mind, DocMagic’s eSign Console has a bright and contemporary look and includes robust new functionality designed to minimize keystrokes and improve access to the information and services you need. We’ve enhanced search capabilities and included upgrades to the features you already know and love. The eSign Console accelerates productivity, giving you up-to-the-moment access to the eSignature process, document management features, critical RESPA status, and much, much more!
DocMagic introduced InkSign, the method for capturing wet signatures via the DocMagic eSign platform, in January, 2011.
While the method of faxing back documents that have been wet-signed by the borrower has been a success for InkSign, DocMagic recognizes that the use of facsimile transmission is waning while the method of scanning documents and emailing or uploading them is increasing in popularity. Accordingly, DocMagic has enhanced InkSign to enable borrowers to scan and upload wet-signed documents, if they prefer this method over facsimile transmission.
