Monday Morning Cup of Coffee: Spring turnaround, or spring-loaded trap?

Monday Morning Cup of Coffee: Spring turnaround, or spring-loaded trap?

The direction of housing and mortgage finance could turn this week

Move lawsuit against Zillow clears contempt hurdle with settlement

Move declares "full steam ahead" in prosecution

Freddie Mac completes largest sale ever of seriously delinquent loans

GCAT Management Services wins all three pools

Items Tagged with 'DocMagic'


DocMagic partners with WWN for paperless eClosing solution

Continues to push for online mortgages
Brena Swanson
DocMagic continues its push to bring the mortgage process online, announcing it formed an exclusive relationship with World Wide Notary to deliver a fully paperless eClosing solution.
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From HW Magazine

Single stack

Mortgage lending — finally — gets smarter with digital, automated and cloud-based technology
Kerry Curry
In the tech world a “stack” refers to all the elements of something. For the mortgage industry, the idea of the single stack is that one platform (digital, automated and based in the cloud) can either meet all of the functional requirements involved in assembling a mortgage, or can serve as an efficient moderator for the process via open APIs (application programming interface), which are now taking off within the mortgage industry.
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DocMagic integrates with MERS eRegistry

Aligns with new industry standards
Brena Swanson
There are a lot of regulation and compliance changes coming down the pipeline for the mortgage industry, and DocMagic continues to innovate its technology for the new standards, starting with these.
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Lenda to critics: This is the future of mortgage lending

Still, loan brokers don't like it
Brena Swanson
Loan officers hate them but the industry is following them. Lenda is one of the few firms paving the way for online mortgages. And while brokers strongly disagree, to the Lenda CEO, this is the price tag of progress.
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Executive Conversation: DocMagic reveals where eMortgages are headed

The new mortgage wave is now
Brena Swanson
Last year brought a lot of chatter about the likelihood of a true eMortgage. HousingWire sat down in an exclusive interview with DocMagic CEO and President to show just how predominant this will be moving into 2015
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DocMagic buys another loan document service provider

Fresh off eSignSystems acquisition
Jacob Gaffney
As part of the acquisition, DocMagic will bring on the entire team of Doc-Tech Corp, including co-founder and Doc-Tech president Lori Johnson, and Doc-Tech EVP of sales, Michael Chaney.
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DocMagic acquires eSignSystems

Gains handful of new products and services
Brena Swanson
DocMagic acquired electronic software solution provider eSignSystems from WAVE Systems. "The acquisition for DocMagic has spectacular timing for electronic mortgage adoption," said Tim Anderson, director of eServices for DocMagic.
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Interesting times for the mortgage industry require action

Recapping last week's posts and news on TILA-RESPA
Mark McElroy

Be aware that most systems don’t even stand behind their GFE/TIL and APR calculations with a rep and warrant for compliance.

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Here are the 12 lucky firms that landed the CFPB eClosing pilot program

Group explores benefits of technology in mortgages
Brena Swanson
It’s here. The anticipated list of participants in the Consumer Financial Protection Bureau’s mortgage eClosing pilot program was released Thursday, with 12 companies now helping pave the way into streamlining the mortgage process.
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The TILA-RESPA Combined Disclosure connection

Tim Anderson of DocMagic weighs in with Closing Call guest post
Tim Anderson

The primary issue is not only delivering the closing documents to the consumer three days ahead of closing (consummation), but now, with the delivery deadlines and tolerance requirements, the lender is on the hook to ensure even greater accuracy of the GFE/TIL at time of application.  

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