DocMagic Blog

Navigate the shifting mortgage landscape.

08/26/2021

DocMagic named to 2021 Inc. 5000 list of fastest-growing companies

DocMagic has earned a spot on this year’s prestigious Inc. 5000 list of fastest-growing private companies in the U.S.
Author: DocMagic
08/18/2021

Ask the eClosing Team: Why are eNotes better than paper? (and other burning questions)

Welcome to Ask the eClosing Team, an ongoing series where DocMagic’s eClosing pros tackle real questions that we’re hearing from lenders. Today’s...
Author: Pauline Vu
08/11/2021

Fannie Mae and Freddie Mac announce changes to uniform instruments

On July 7, 2021, Fannie Mae and Freddie Mac (the GSEs) announced changes to all uniform instruments, except those being retired — including notes,...
Author: Compliance Team
08/04/2021

FHFA to eliminate the adverse market refinance fee

The Federal Housing Finance Agency (FHFA) announced that the Adverse Market Refinance Fee of 50 basis points (0.500%) will be eliminated for loans...
Author: Compliance Team
07/28/2021

38 states allow remote notarization as RON, RIN and IPEN gain momentum

At both the federal and state level, remote online notarization (RON) appears to be gaining momentum. But at the same time, the practice is also...
Author: Pauline Vu
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
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