DocMagic Blog

06/07/2021

GSE guidance for revised General QM definition

Fannie Mae and Freddie Mac (FNMA or FHLMC, respectively, or the “GSEs” collectively) recently provided additional guidance on their changes in...

Author: Compliance Team

eClosing

06/02/2021

Ask the eClosing Team: What steps should Ienders take to get set up for eClosing?

Welcome to Ask the eClosing Team, a new series where DocMagic’s eClosing pros tackle real questions that we’re hearing from lenders. Today’s response...

Author: Pauline Vu

eNotes Total eClose Integrations

05/25/2021

Atlantic Bay surpasses 10,000 eClosings using DocMagic's Total eClose

Atlantic Bay Mortgage Group has processed more than 10,000 eClosings — including thousands of eNotes — with the help of DocMagic’s Total eClose...

Author: DocMagic

Remote Online Notarization

05/18/2021

Senators reintroduce bill to allow remote online notarizations nationwide

Two U.S. senators from both sides of the aisle have reintroduced a bill that would allow “immediate nationwide use” of remote online notarization...

Author: Pauline Vu

Philanthropy

05/13/2021

DocMagic donating signature bunny slippers to blood drive for CHLA

Donors at an upcoming Los Angeles-area blood drive will receive a pair of DocMagic’s signature pink bunny slippers.

Author: DocMagic

Compliance

05/11/2021

GSEs announce plans to limit purchases to loans meeting revised General QM rule

On April 27, 2021, the CFPB formally announced the delay of the mandatory compliance date of the General Qualified Mortgage (QM) Final Rule from July...

Author: Compliance Team