MORTGAGE INDUSTRY BLOG

For over 30 years DocMagic has developed award-winning loan document preparation, compliance and delivery solutions.

DocMagic Ranked a ‘Top 100 Mortgage Employer’ by National Mortgage Professional Magazine for Second Consecutive Year

Posted by DocMagic on 03/16/2017

TORRANCE, Calif., March 16, 2017—DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it was named to National Mortgage Professional (NMP) magazine’s annual ‘Top 100 Mortgage Employers’ list for 2017. This is the second consecutive year that DocMagic has earned placement on the annual list.

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Topics: DocMagic, national mortgage professional, top 100 employer

Going "E" from End to End, Part 2

Posted by DocMagic on 02/21/2017

By Tim Anderson

The days of no pressure are over. Any lender that hasn’t already waded into the ePool had better be ready to jump. With immense regulatory pressure looming, the old method of just doing something is no longer sufficient. It's time for a new tack.

The recent news about the IRS decision is an ex- ample of this. With all the buzz around this news, we’re already hearing from lenders who are interested in a point solution that will allow them to take advantage of this decision for doing business with the IRS. This makes sense because this is front and center in the news, but since these lenders are not considering how this decision impacts the rest of their business, it’s short sighted.

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Topics: DocMagic, eSign, eDelivery, emortgage, eNotes, paperless mortgage, e-mortgage, eNotary, evault, total eClose, eclose

Going "E" from End to End, Part 1

Posted by DocMagic on 02/16/2017

By Tim Anderson

For years a core group of us has been telling the industry that it’s time to get the paper out of our systems. We’ve performed studies that show paper is more expensive, that it takes more time to process, is usually missing pages or signatures, or gets lost. It took the foreclosure crisis to really bring home to the industry the negative implications of lost or incomplete documents. After billions of dollars in settlements to federal regulators and attorneys, it looks like our industry is finally ready to say goodbye to paper forever, or at least a majority of it.

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Topics: Paperless, electronic signatures, DocMagic, electronic disclosures, eDelivery, Mortgage Industry, emortgage, eNotes, Electronic Delivery, paperless mortgage, total eClose

E's of Use: E- or digital mortgages offer increased speed, efficiency, and savings, but lenders and other industry players still face challenges in implementation.

Posted by DocMagic on 02/09/2017
By Brian A. Lee

E- or digital mortgages offer increased speed, efficiency, and savings, but lenders and other industry players still face challenges in implementation.

Fintech investment has skyrocketed in recent years, from $1.8 billion in 2010 to $19 billion in 2015, according to a Citigroup report, but the mortgage industry, by most accounts, has been slow to board that high-speed train. Regarding the adoption of digital mortgages, lenders and other industry players are more apt to be like your old-fashioned parents who outwardly embrace innovation but wind up only using a relatively small percentage of their tech tools and gadgets.
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Topics: eclosing, DocMagic, emortgage, total eClose

Join us at the New England Mortgage Expo on Jan. 13

Posted by DocMagic on 01/12/2017
Join the eClosing evolution!

DocMagic recently helped a Massachusetts lender close on a series of fully paperless mortgages! DocMagic’s eclosing technology, Total eClose™ tracked each completely paperless loan process in real time, combining an electronic closing with an electronically signed promissory note and deed of trust!

Stop by booth #50 at the New England Mortgage Expo on January 13th to learn how DocMagic continues to move the needle in digitizing the mortgage process by working with our customers and partners at every stage of their eClosing evolution!

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Topics: eclosing, DocMagic, conference, paperless mortgage, total eClose, events

Total eClose™ Enables Industry's First Completely Paperless Digital Closing--Start to Finish

Posted by DocMagic on 11/30/2016


Press Release:

DocMagic's cutting-edge technology seamlessly incorporates eSignature-enabled SMART™ Documents, a nationwide eNotary network, MERS eRegistry access, a secure eVault, and Investor eDelivery in a single comprehensive eClosing platform.

TORRANCE, Calif., Nov. 29, 2016—DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that it has successfully completed the mortgage industry’s first comprehensive eClosing in Massachusetts, which included both lender and closing/settlement agent documentation, for radius financial group, inc. 

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Topics: eclosing, DocMagic, paperless mortgage, total eClose

Meet the DocMagic team at MBA!

Posted by DocMagic on 10/14/2016

We're excited to attend the upcoming MBA Annual Convention & Expo at the Hynes Convention Center October 23-26, 2016, in Boston, MA. Come see us in Booth 404 and let us tell you about our full suite of compliant & integrated eMortgage solutions:

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Topics: eclosing, DocMagic, Convention, conferences, total eClose

Join us at Calyx Ascend User Conference 2016

Posted by DocMagic on 10/05/2016

We're proud to be Platinum Sponsors of the Calyx Ascend16 Symposium and User Conference October 5-8, 2016, in New Orleans, LA. 

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Topics: DocMagic, conferences, ascend16

DocMagic's Chief Legal Officer, Melanie Feliciano, named "Leading Lady" on MReport's 2016 "Women in Housing" list

Posted by DocMagic on 08/17/2016

MReport Announces 2016 Women in Housing Honorees

DALLAS, August 17, 2016 – Today The MReport announced its 2016 “Power Players,” “Leading Ladies,” and “Emerging Leaders” honorees as part of its September 2016 special issue celebrating the accomplishments of women in the mortgage industry.

The 2016 “Power Players” are five mortgage and housing veterans with roles in both the government and private sector. In addition to powerful female leaders, 50 additional women were selected for MReport’s 2016 “Leading Ladies” and “Emerging Leaders” list. The women selected for these honors were nominated by their peers in the industry, who cited all the qualities that make them strong leaders—such as their intelligence, drive, and pursuit of innovation.

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Topics: Award, DocMagic, melanie feliciano, women in housing

D+H adds more than 100 DocMagic clients to its Mortgagebot® Solution

Posted by DocMagic on 08/17/2016

Press Release:

D+H adds new clients after signing reseller agreement with DocMagic in October 2015


LAKE MARY, FL, Aug. 15, 2016 /CNW/ - DH Corporation (TSX:DH) ("D+H"), a leading provider of technology solutions to financial institutions globally, today announced that it has brought on more than 100 new lendersto its MortgagebotLOSTM solution, after signing a reseller agreement with DocMagic, Inc. ("DocMagic") last October. DocMagic is a leading provider of fully compliant loan document preparation, compliance, eSign and eDelivery solutions.

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Topics: Compliance, DocMagic, Customer Service, D+H connections, partner

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