MORTGAGE INDUSTRY BLOG

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Press Release: DocMagic’s Jonathan Kearns Appointed to MISMO Residential Standards Governance Committee

Posted by DocMagic on 11/29/2017

The committee is comprised of select subject matter experts

TORRANCE, Calif., Nov. 28, 2017 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Jonathan Kearns has been appointed to the Mortgage Industry Standards Maintenance Organization (MISMO) Residential Standards Governance Committee.

The committee is comprised of select subject matter experts, nine of which who will began their two-year term on Jan. 1, 2018 through Dec. 31, 2019. The Mortgage Bankers Association (MBA) is the parent corporation of MISMO and is actively involved in the organization’s ongoing contributions to the industry.

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Introducing DocMagic’s Integrated Disclosure Solution - Start Testing Now!

Posted by DocMagic on 04/16/2015

We've Made It Easy For You...

DocMagic is focused on delivering fully compliant solutions to increase operational efficiency and reduce risk for our customers. We have completed extensive preparations to implement our new TILA-RESPA Integrated Disclosure (TRID) capabilities. We know that advance testing of these enhancements will help you to develop your own TRID compliant processes.

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DocMagic Implements MISMO Version 3.3 in Support of the TILA-RESPA Integrated Disclosure Rule

Posted by DocMagic on 02/11/2015

Press Release:
Adherence to MISMO’s latest dataset helps prepare DocMagic for the CFPB’s Integrated Disclosure deadline

TORRANCE, Calif., Feb. 11, 2015 – DocMagic, Inc., the mortgage industry’s leader in compliant loan document preparation and driver of complete eMortgage adoption, announced that its entire solution set now adheres to version 3.3 of the Mortgage Industry Standards Maintenance Organization (MISMO) Reference Model.

The Consumer Financial Protection Bureau’s (CFPB) Integrated Disclosure Rule combines the mortgage disclosures required under the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA). It requires lenders to use the new integrated disclosures beginning on Aug. 1, 2015. Successful compliance with this rule depends on use of the latest version of the data standard.

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DocMagic Execs Named to Prestigious Industry Boards

Posted by DocMagic on 01/10/2014

DocMagic Inc. has announced that Melanie Feliciano, the firm's chief compliance officer, has been appointed to the board of directors of the Electronic Signature & Records Association (ESRA). She was elected during the organization’s E-Sigantures 2013 Conference in New York last month.

“Melanie will make an excellent addition to the board of this organization,” said Dominic Iannitti, CEO of DocMagic. “Her legal background and long experience in the industry has made her a great advisor and educator to DocMagic’s customers. Now, she can share her experience with ESRA members. It is our hope that her service will lead to greater adoption of eSigned documents in the mortgage industry.”

ESRA is an important initiative focusing on e-signatures and electronic records. Its original founding members included Genworth Financial and Wells Fargo Home Mortgage. Education is the primary mission of ESRA. The association is a centralized educational resource for its members and the public with respect to the legal, regulatory and operational issues in relation to the use of electronic signatures and records.

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