DocMagic provides powerful end-to-end digital mortgage technology with an intuitive interface that everyone—staff, settlement providers, borrowers and their agents — can use immediately, without a steep learning curve. DocMagic offers clients a technology-forward lending platform that ensures they can sustain and scale critical business processes. The company’s intelligent document preparation technology is a core drive behind its technology solutions. From paperless eClosings (e.g. eSigning, remote online notarization (RON), eNotes and secure eVault technology) to third-party systems that leverage DocMagic’s data for compliant digital transactions, DocMagic empowers lenders to work where they want and how they want.
- In 2021, DocMagic had 77.9% rev growth.
- The eSignings increased by 33.6%, and eClosings increased by 17.9%.
- From 2020 to 2021 there was an 85.4% increase in usage of eVaults representing a win for DocMagic and the lender clients on the adoption front.
Loan Origination, Servicing, Secondary