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.
During its first two months of lending, MortgageCountry has been closing loans in an average of 13 calendar days—setting a new standard for speed.
As we’re fond of noting, DocMagic can process a compliant closing document package of 100+ pages in under five seconds. But it’s not just a slogan, it’s a fact. Other document preparation companies take as much as ten minutes to do what we do in a fraction of the time.
So how do we manage to beat the industry standard by so much? We've got three key advantages:
TORRANCE, Calif., Nov. 5, 2019—DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that its Total eClose™ platform is the eClosing leader based on market share, overall satisfaction and lender loyalty in STRATMOR Group’s 2019 Mortgage Technology Insight Study.
Technology. Innovation. Service.
D+H Connections User Conference
August 25-28 | Orlando, FL
Stop by booth #6 or schedule a meeting to experience the magic of our new mobile technology, automated ATR/QM Compliance, and Income Verification Solutions. DocMagic is a proud D+H MortgageBot Platinum Sponsor and provides innovative end-to-end Document Preparation, Delivery and dynamic Compliance Solutions for the Mortgage Industry.
Join us Thursday, November 7th for a FREE webinar:
7 Myths of Document Preparation and How to Avoid them.
Not all doc prep companies are the same…far from it! Join us for this informative and entertaining FREE webinar and learn the truth behind some common document preparation myths:
1. All document preparation companies are the same.
2. My LOS provides compliant disclosures for free.
3. My closers know what documents are needed.
4. There’s no real value in eSigning my documents.
5. I’m already complying with Dodd-Frank today.
6. My processors catch data entry errors.
7. I’m with a bank or credit union and predatory lending doesn’t apply.
DocMagic, Inc., the leading provider of fully-compliant loan document preparation, compliance and eDelivery solutions for the mortgage industry, announced today that Equifax has approved the company as an eSign provider for electronic IRS 4506-T requests from its clients. Equifax, an Income Verification Express Services (IVES) participant, provides this service to its clients nationwide and began accepting orders electronically signed with DocMagic eSign in January.
"The IRS has very strict requirements for accepting these orders electronically," said Melanie Feliciano, Chief Legal Officer for DocMagic. "Our eSign product meets these requirements and the team at Equifax has reviewed our product and confirmed that. Now, all DocMagic's customers can place their orders for IRS 4506-T with Equifax and use DocMagic's eSign technology to sign them electronically."