---
title: We're Building a Collaborative Closing Solution!
description: We're Building a Collaborative Closing Solution!
---

[DocMagic Blog | Mortgage news to keep you compliant](https://blog.docmagic.com)

# [We're Building a Collaborative Closing Solution!](https://blog.docmagic.com/2015/04/20/tila-respa-collaborative-closing-solution)

 Written by [DocMagic](https://blog.docmagic.com/author/docmagic) | 04/20/2015

**Our Collaborative Closing Solution is a seamless 2-Way data exchange between lenders and settlement providers!**

DocMagic brings lenders, settlement providers and associates together inside our new [Collaborative Closing Platform](http://www.docmagic.com/compliance/integrated-disclosures/collaborative-closing-solution) to view and exchange data, coordinate closing costs and audit critical disclosure details prior to closing. DocMagic’s Collaborative Closing Platform is a secure, seamless and dynamic web-based solution designed to efficiently help you meet TILA-RESPA Integrated Disclosure requirements.

**An electronic, workflow-driven system automates the collaboration between lenders and their settlement providers:**

- Lenders & settlement providers work in sync inside our Collaborative Closing Platform
- Electronic access to edit, validate and approve MISMO 3.3 compliant, content-enabled XML disclosure documents
- Settlement provider changes automatically sync with TRID forms upon lender approval
- Automatically track TRID tolerance audits, fee increases and their related approvals
- Electronically deliver, sign, manage, and store documents via DocMagic’s eSign technology
- Complete electronic audit trail to document compliance with TRID’s timing requirements and other significant events
- Seamless integration with title, closing, and LOS systems

**[CLICK HERE TO LEARN MORE](http://www.docmagic.com/compliance/integrated-disclosures/collaborative-closing-solution)**

 

[View full post](https://blog.docmagic.com/2015/04/20/tila-respa-collaborative-closing-solution)

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