DocMagic Blog

07/20/2021

CFPB report finds several mortgage-related violations in 2020

Mortgage servicers committed several Regulation X violations in 2020, according to a recent report by the Consumer Financial Protection Bureau (CFPB).

Author: Pauline Vu

eClosing Remote Online Notarization Surveys

07/14/2021

Digital closings rose 228% in 2020: ALTA survey

The number of title and settlement companies that offer eClosings increased 228% in 2020, according to ALTA’s 2021 Digital Closing Survey of 300...

Author: Pauline Vu

Compliance Fannie Mae Freddie Mac

07/06/2021

FHFA director replaced following Supreme Court decision

On June 23, 2021, the U.S. Supreme Court issued a 7-2 decision in Collins v. Yellen, which held that the structure of the Federal Housing Finance...

Author: Compliance Team

Document Generation Did You Know

06/30/2021

Did You Know: You can cut out the middleman and draw your own docs?

Some lenders pay an intermediary, such as a law firm, processing center or fulfillment company, to generate their mortgage documents and conduct...

Author: Pauline Vu

eClosing eNotes

06/24/2021

3 reasons why your post-closing department loves eClosings and eNotes

Lenders implementing eClosings are finding there are a host of upsides — and their post-closing departments are reaping some of the main benefits.

Author: Pauline Vu

eClosing Document Generation Did You Know

06/16/2021

Did You Know: You can get all your eClosing needs met by one vendor?

Some lenders think the only path to an eClosing is by employing a wide variety of vendors; for example, one vendor for document generation, another...

Author: Pauline Vu