Proof that current technology allows for completely electronic transactions, eSigned on the go
DocMagic, Inc., the leading provider of fully-compliant loan document preparation, compliance and eDelivery solutions for the mortgage industry, has taken the all electronic mortgage lending process to a whole new level by completing the first ever electronic document eSigning from a remote location while in motion. The firm recently completed, and memorialized on video, the eSigning of an IRS 4506-T from inside a moving Tesla automobile, using the car’s own 17” touchscreen.
“One of the promises of eServices is that it will allow us to do business with our borrowers anywhere, anytime. This demonstration proves that we have reached that goal,” said Dominic Iannitti, CEO of DocMagic. “DocMagic has taken innovation beyond the whiteboard and put it to the test on the streets of America and that test was a complete success.”