DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.
Issue link: http://digital.dsnews.com/i/958746
54 Default Title Directory SPECIAL ADVERTORIAL SECTION DOCMAGIC KEY PERSONNEL Dominic Iannitti CEO Susan Iannitti Director of Advertising Michael Morford Director of Product Development Steve Ribultan Director of Business Development STAFFING: More than 100 employees CORPORATE DETAILS: 1800 West 213 St., Torrance, CA 90501 | 800.649.1362 | DocMagic.com CORPORATE PROFILE: DocMagic is the leading provider of fully compliant loan document preparation, compliance, and eDelivery solutions for the mortgage industry. DocMagic is the largest provider of end-to-end document production and preparation, delivery, automated compliance, and comprehensive eMortgage services for the mortgage industry. COMPANY HISTORY Founded in 1988, DocMagic has grown over the past three decades to become the leading provider of Software as a Service (SaaS) document generation, automated compliance and digital transaction services to the national mortgage industry. DocMagic's mission is to deliver critical, robust technology solutions that address complex compliance issues and needs for both lenders and title companies. DocMagic works with over 10,000 companies nationwide. These companies span financial institutions, mortgage lenders, community banks, credit unions, national depository banks, law firms, settlement/title companies, correspondent lenders, brokers, fintech companies, and more. END-USER CATEGORIES » Lender/servicer » Investors » Attorney » Settlement service provider BUSINESS LINES, SERVICES, AND PRODUCTS » Key features: DocMagic's primary focus is to deliver compliant documents on a digital mortgage platform where all parties collaborate in a secure, scalable environment. » Delivery platform: DocMagic is the leading provider of SaaS-based document generation, eSign, eNotary, and eClosing services to the settlement services industry. » Key benefits: Paperless, end-to-end, digital mortgage transactions » Key Products: The SmartCLOSE collaborative closing platform was designed to bring lenders, settlement service providers, and associates together inside a secure environment to share, edit, validate, audit, track and collaborate on loan costs, data, and documents in real-time. COMPETITIVE ADVANTAGE: DocMagic has created and owns all the technology in its solution stack which allows them to realize significant efficiencies that competition simply cannot compare with. Built-In Automated Compliance: We believe our "in house" legal and regulatory compliance engine is a key differentiator, allowing us to ensure a complete, current and compliant data and document process. DocMagic's robust Audit engine is used to interrogate the data in a variety of ways including Data Validation, Compliance Review, TRID tolerance validation, ATR/QM, Predatory Lending, GSE salability analysis and more. The system is easy to customize to adjust the severity of the findings and adding new audits to meet a client's need. INDUSTRY AWARDS AND ACCOLADES: » DocMagic's Total eClose Solution Facilitated First State Sponsored eClosing in North Carolina: DocMagic's Total eClose served as the single platform that enabled the entire transaction. eNotarization was facilitated by long-time DocMagic strategic partner World Wide Notary (WWN). » Total eClose Wins 2017 Innovation Award: PROGRESS in Lending Association has named the work done by DocMagic a top innovation. » DocMagic named to National Mortgage Professional (NMP) magazine's annual 'Top 100 Mortgage Employers' list for 2017 for the second consecutive year. ADDED VALUE TO CLIENTS: DocMagic's title and settlement services industry solutions include a comprehensive, easy-to-use collaboration system for live fee data exchange and paperless eClosing between lender and title systems. DocMagic's in-house legal and regulatory compliance expertise is woven into every aspect of its process and technology. The company ensures a complete, current and compliant data and document process and has extensive representations and warrants on both the data and the documents. KEYS TO SUCCESS By not outsourcing critical functions like regulatory compliance, DocMagic can provide unparalleled speed in processing, lower costs and provide more extensive and sophisticated integrations. States Serviced Torrance, CA Corporate Headquarters