DocMagic Blog

Navigate the shifting mortgage landscape.

03/22/2022

CFPB Releases Factsheet for Calculating Prepaid Interest Under General QM Rule

On February 23, 2022, the Consumer Financial Protection Bureau (“CFPB”) released a factsheet regarding the interest rate used to calculate prepaid...
Author: DocMagic
03/09/2022

HousingWire Names DocMagic One of the Top 100 Most Innovative Mortgage Companies for 2022

DocMagic earned a spot on HousingWire’s coveted 2022 Tech100 list for the ninth straight year. The publisher’s Tech100 list includes the most...
Author: DocMagic
03/08/2022

GSEs Announce Updates to Selling Guide

Fannie Mae released Selling Guide Announcement (SEL-2022-01) on February 2, 2022, to announce recent changes to their Selling Guide, including the...
Author: DocMagic
02/24/2022

LoanMAPS™ LOS Integrates with DocMagic increasing compliance while slashing costs

DocMagic announced the integration of multiple digital lending solutions with Take Three Technologies’ (“Take3”) cloud-based and seamless loan...
Author: DocMagic
02/08/2022

GSE Implementation of Desktop Appraisals

Unlike a full appraisal, a desktop appraisal is completed by a licensed appraiser without a physical inspection of a property. Working remotely, an...
Author: DocMagic
01/25/2022

CFPB Announces 2022 HPML Appraisal Threshold Adjustments

On November 30, 2021, the Consumer Financial Protection Bureau, together with the Office of the Comptroller of the Currency and the Board of...
Author: DocMagic
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