DocMagic Blog

DocMagic and NotaryCam Integrate to Eliminate Reliance on In-Person Notarizations for Paperless eClosings

Blog-PR-banner

MBA and ALTA are collaborating to make it easier for states to accept remote online notarizations

NEWPORT BEACH, Calif., Sept. 27, 2018DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, and NotaryCam the leader in online notarization solutions, announced an integration that eliminates the need to wet-sign loan documents in the physical presence of a notary by allowing loan documents to be quickly and compliantly eNotarized online.

The integration works inside Total eClose™, DocMagic’s comprehensive end-to-end eClosing solution. It allows customers to initiate eNotarizations using NotaryCam’s remote service with just a few clicks, thus extending the convenience of a fully online eClosing experience through notarization – the final step in loan closing — without any hard stops or papering out.

“More and more states are permitting remote online notarization and as they do, we can expect to see consumer demand and expectation for remote eNotarizations to grow,” said Dominic Iannitti, president and CEO of DocMagic. “This integration allows DocMagic customers to meet consumer demand without any delays, which is a big part of our value proposition for all DocMagic products.”

The Mortgage Bankers Association has been collaborating with the American Land Title Association (ALTA) to prepare model legislation that would provide a framework for any state to adopt remote online notarization processes.

“Mortgage eClosings have progressed incrementally, and both DocMagic and NotaryCam have been pioneers and champions in the adoption the industry has achieved—so this integration is a natural fit,” said Rick Triola, founder and CEO of NotaryCam. “Our companies are very similar in what we deliver: the industry’s most flexible and customer-friendly experiences, backed by unfaltering accuracy, data integrity and compliance. We are looking forward to moving the industry forward, together.”

Prior to the addition of NotaryCam, DocMagic’s Total eClose solution supported eNotarizations by leveraging in-person notaries equipped with electronic notary signing technology, which it will continue to offer in addition to remote online notarizations, where permitted. Both DocMagic and NotaryCam are approved eMortgage technology vendors with the GSEs, having passed an extensive approval process.

 

One partner. One platform. A complete solution.

Let us digitally transform your mortgage process for increased efficiency and ROI. See how by scheduling a demo today.

Topics from this blog: eClosing Total eClose Remote Online Notarization eNotary

Back
  • Recent
  • Topics
Gaining seamless eClosings through notaries at the Agent’s...
DocMagic named 2024 Tech100 Mortgage winner
DocMagic’s 2023 in review: Pioneering the future of digital...
Enhanced integration of Empower LOS and DocMagic supports...
DocMagic and Vesta join forces to enhance digital workflow...

Download the Truliant Federal Credit Union Case Study

Truliant took several key steps to refine its 100% digital eClosing process — including finding the right technology partner.

Download now