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DocMagic Revels in FHA's Removal of e-Mortgage Obstacle
DocMagic Inc. has informed its customers that that the Federal Housing Administration (FHA) has now removed the last obstacle to widespread adoption of electronic mortgages. At the MBA’s recent...
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NMP's Visionary Organizations
Every once in a while, an organization comes along, an organization that sets trends, remains ahead of the curve and sets a bar by which all others strive to attain. This month, we take a look at a...
View ArticleCFPB Publishes Integrated Disclosures Final Rule
More than two years in the making, the CFPB’s Integrated Mortgage Disclosures under the Real Estate Settlement Procedures Act (Regulation X) and the Truth-in-Lending Act (Regulation Z) were published...
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HUD Issues Final Rule on Qualified Mortgages
On Dec. 11, 2013, the U.S. Department of Housing & Urban Development (HUD) issued its final rule on qualified mortgages (QM) for single-family residential loans. The Dodd-Frank Act required HUD and...
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Historical First Paperless eClosing Announced by DocMagic
DocMagic Inc. has announced that its eSign compliant loan documents were chosen by Stewart Title and Mountain America Credit Union to complete the industry’s first ever eClosing of an FHA loan, in...
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DocMagic Expresses Concern Over Platform Reliability
DocMagic Inc. has announced that more of its customers are expressing concern with the reliability of their mission critical technology systems and asking for more information about system uptime from...
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New Penn Approves DocMagic eSign Platform for Correspondents
DocMagic Inc. has announced that its eSign and eDelivery process has been approved by New Penn Financial to deliver compliant initial disclosures for approvClick to continue
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VA Issues Interim Final Rule on Qualified Mortgages
On May 9, 2014, the U.S. Department of Veterans Affairs (VA) issued its interim final rule on qualified mortgages (QMs) for VA-guaranteed loans. The Dodd-Frank Act required the VA, the U.S. Department...
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CFPB Approves DocMagic for eClosing Pilots
DocMagic Inc. has announced that its strategic alliance with Pavaso will be expanded to allow the two firms to serve Franklin First FinanciClick to continue
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Paperless Loan Closing, Courtesy of DocMagic and Mountain America
DocMagic, Inc. announced that the firm has partnered again with Mountain America Credit Union to provide a paperless loan closing, this time for a loan insured by the Veteran's Administration. To the...
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DocMagic Integrates With Liquid Logics' LOS
DocMagic Inc., a provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry, has announced that DocMagic is now available from within the...
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eSignSystems Acquired by DocMagic
DocMagic Inc. has announced the acquisition of electronic software solutions provider Click to continue
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Prepared for Takeoff: The CFPB eClosing Pilot Program
In April of this year, the Consumer Financial Protection Bureau (CFPB) published a report, “Mortgage Closings Today,” regarding issues that consumers are experiencing in the mortgage closing process,...
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Prepared for Takeoff: The CFPB eClosing Pilot Program
In April of this year, the Consumer Financial Protection Bureau (CFPB) published a report, “Mortgage Closings Today,” regarding issues that consumers are experiencing in the mortgage closing process,...
View ArticleClik here to view.