MORTGAGE INDUSTRY BLOG

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Community State Bank now offering paperless eClosings via Total eClose

Posted by DocMagic on 11/23/2020

Community State Bank, which has seven locations across southeast Wisconsin, has implemented DocMagic’s full suite of eClosing solutions and is now offering their customers a 100% digital mortgage process—something that’s key in the middle of a pandemic.

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Survey: Homebuyers adapt to eSignings, remote closings during pandemic

Posted by Pauline Vu on 10/29/2020

Homeowners have adapted well to eSignings and remote closings and are very satisfied with their overall closing experience, according to a new national survey of people who bought and refinanced homes during the COVID-19 pandemic.

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Remote online notarization (RON) has several benefits beyond safety

Posted by Pauline Vu on 10/22/2020

Remote online notarization (RON) eClosings have been on the rise during the age of COVID-19, as they’re seen as the safest closing option during a time when social distancing is paramount.

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DocMagic teams up with Simplifile to facilitate eClosing adoption

Posted by Pauline Vu on 07/27/2020

DocMagic is joining forces with Simplifile, a document collaboration and eRecording provider, to create new process efficiencies that will further digitaize the closing process.

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County recorders, eRecording, and RON—by the numbers

Posted by Pauline Vu on 07/08/2020

At DocMagic’s May 27 webinar, “Road-Tested eClosing Strategies for Today,” Ben Sherman, president of real estate recording services firm Synrgo, shared some surprising facts and numbers about county recorders and electronic closings.

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New support for power of attorney (POA) transactions amid COVID-19

Posted by Pauline Vu on 05/07/2020

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.

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DocMagic Provides Raffle Donations, Helping NEXT™ Conference Raise over $3,200 for Girls Inc. of Chicago

Posted by DocMagic on 09/03/2019

NEXT™ Raises over $3,200 in Less than One Hour for Girls Inc. of Chicago

CHICAGO, August 29, 2019 NEXT Mortgage Events LLC, creator of NEXT women’s executive mortgage summit, has announced that it raised over $3,200 in personal donations for Girls Inc. of Chicago at the #NEXTSUMMER19 charity cocktail party raffle, held Aug. 26 from 5:00 p.m. to 6:00 p.m. at The Gwen Hotel in Chicago.

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DocMagic Earns a Spot on the HW TECH100 For the Sixth Straight Year

Posted by DocMagic on 03/29/2019

TORRANCE, Calif., March 29, 2019— DocMagic, Inc., the premier provider of dynamic loan document preparation, automated regulatory compliance and comprehensive eMortgage solutions, announced that HousingWire has honored the company with the HW TECH100™ award for the sixth year in a row.

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DocMagic Included in First 10 Tech100 Winners

Posted by DocMagic on 03/26/2019

Source: Housing WireDocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, has been named as an early winner of this year's HousingWire Tech100 Award. Check out the early list below!

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Secure Insight Creates National eClosing Training Program Using DocMagic's Total eClose Solution

Posted by DocMagic on 10/15/2018

Online eMortgage Education Module was developed to help attorneys, title agents and notaries successfully conduct eClosings

WASHINGTON, D.C., Oct. 15, 2018—Secure Insight, a New Jersey-based data intelligence and vendor management firm, announced today at the MBA’s Annual Convention & Expo that it teamed with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, to develop and host an online training program to teach attorneys, title agents, notaries and other entities how to accomplish clear, compliant and completely paperless eClosing transactions.

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