Bank of America reportedly reaches $17 billion RMBS settlement

KBRA: More smoke than fire in Ocwen’s restated earnings

Cautions that MSR transactions could see more regulatory scrutiny

Truth is, those recent housing numbers aren't so shiny

Housing starts? More like housing stops, amirite?

Items Tagged with 'DocMagic'


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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What happened at Ellie Mae? Twitter holds the answer

Social media captures mortgage blackout
Brena Swanson
Ellie Mae drove the industry to the brink Monday and Tuesday after its loan origination system Encompass 360 shut down. Then factor in that it was the end of the month—an extra busy time for lenders—and the market almost lost it.
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From HW Magazine

The case for a paperless mortgage

The roadblock isn't technology, but acceptance
Bryan Kay
Two months wandering in a new compliance landscape makes the prospect of a seamless, paperless eMortgage even more compelling. In our increasingly digital society, an entirely paperless process for mortgage loan origination seems to be the next logical step.
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From HW Magazine

Early reflection on the impact of new Dodd-Frank rules

As more rules hit the books, the industry responds to changes
Laurie Spira
More and more, companies understand that compliance in the new mortgage industry is something that needs to become a regular part of everyday operations. The stakes are now simply too high not to bake compliance into every aspect of the delivery of a financial product or service to American consumers.
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Executive Conversations: DocMagic walks strong into QM

Warning: "Adjusting to compliance might take a little longer"
Brena Swanson
Executive Conversations is a HousingWire web series that profiles powerful people in the mortgage finance industry. In the latest installment, we sit down with Laurie Spira, chief compliance officer at DocMagic, to see how the lender is laying the groundwork for all the new regulatory changes.
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Platinum Data Solutions hires Norm Koenig as SVP

Platinum Data Solutions appointed Norm Koenig senior vice president of sales. He brings a wealth of experience in sales and management to his new role.
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People Movers

DocMagic hires Lisa Rose as investor compliance specialist

DocMagic, a mortgage technology provider, added Lisa Rose to its team as an investor compliance specialist.
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DocMagic names director of software development

HousingWire Staff
Brian Yoder has joined DocMagic as director of software development – a role in which he brings more than 35 years of software development...
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Ellie Mae, DocMagic finally settle three-year lawsuit

Kerri Ann Panchuk
Mortgage lender software provider DocMagic has ended a three-year lawsuit against Ellie Mae [stock Ellie] [/stock] over allegations that Ellie created a competing software product using...
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Ellie Mae Gives Its Side of DocMagic Suit

Austin Kilgore
Mortgage software developer Ellie Mae is now releasing the details of its counterclaim against DocMagic. The suit revolves around the relationship between DocMagic’s online document service and three Ellie Mae products, Ellie Mae Docs, ePass and Encompass.
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