MortgageHippo Archives

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, and MortgageHippo, a Fintech-driven digital lending platform, announced a seamless eSign integration between their two platforms.

This integration enables MortgageHippo's lender customers to provide borrowers with the ability to electronically sign documents at any stage of the mortgage process, from point-of-sale to closing. eSignatures eliminate the time constraints and accessibility limitations of manual signatures, thus providing lenders with a faster mortgage process and reduced origination costs. The eSignature process that MortgageHippo provides via DocMagic is as legal and valid as a manual process using printed and wet signed documents.

MortgageHippo provides mortgage lenders with a comprehensive suite of white-labeled web and mobile-ready products that enable a modern, efficient, secure and fully online borrower experience from the point-of-sale to closing.

Lenders can order disclosures directly from their loan origination systems (LOS), most of which are already integrated with DocMagic. MortgageHippo then provides eDelivery of the disclosures to the consumer via the MortgageHippo borrower portal for compliant eSigning using DocMagic's eSign technology. This service is available for initial disclosures, Loan Estimates (LE), Closing Disclosures (CD) and closing documents.

"If lenders want to stay competitive, they need the tools to satisfy borrowers' growing appetite for an easy and robust digital experience," said Joe Dahleen, EVP and CSO at MortgageHippo. "MortgageHippo's integration with DocMagic allows us to provide those tools to lenders by offering eSignature capability throughout the entire mortgage process."

"We are pleased to partner with MortgageHippo and offer our mutual lender clients a strong digital mortgage point-of-sale solution that integrates tightly with our platform and LOS partners," said Steve Ribultan, director of business development at DocMagic. "Integrating with MortgageHippo is yet another step that DocMagic is taking to deliver on the promise of achieving a truly paperless digital mortgage process."

About DocMagic:
DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1988 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit https://www.docmagic.com/.

About MortgageHippo:
MortgageHippo works with lenders to devise and implement their digital mortgage strategies using its borrower-centric digital lending platform. The MortgageHippo platform allows lenders to deliver a modern borrowing experience, improve borrower conversions, significantly reduce origination costs and integrate with other innovative technologies. MortgageHippo's platform is fully customizable to lender preferences and configurable to lenders' workflows and processes. For more information, visit http://www.mortgagehippo.com.

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, and MortgageHippo, a Fintech-driven digital lending platform, announced a seamless eSign integration between their two platforms.

Related link: https://www.docmagic.com/

SHERMAN OAKS, Calif. /ScoopCloud/ -- Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced the availability of its one-click "get quote" button within MortgageHippo, a cloud-based digital mortgage platform that guides consumers through a modern, lender-branded borrowing experience.

By integrating with Matic, MortgageHippo makes it easy for borrowers to secure the homeowner's insurance required for a residential mortgage loan closing at a competitive price. Matic uses loan and property data furnished by MortgageHippo to determine precisely how much coverage is needed, then scans the market to compare policies from multiple top-rated carriers.

"Consumers want suitable homeowner's insurance at a fair price - but comparison shopping is difficult and time-consuming," said Ben Madick, COO of Matic. "Meanwhile, it takes loan processors about an hour of effort and a day or two in turnaround time per loan to verify a policy and update the closing disclosure. Matic eliminates the pain on both sides of the equation. Borrowers get a great policy at a great price, and lenders improve their bottom line by compressing a two-day process into two minutes."

"Matic delivers an exceptional consumer experience and gives mortgage lenders a real edge when it comes to lending efficiency and borrower conversion," said Valentin Saportas, CEO of MortgageHippo. "We're proud to partner with a company that exemplifies MortgageHippo's commitment to helping top-producing loan teams future-proof their organizations with early access to the best tech solutions in today's market."

MortgageHippo customers who are interested in enabling Matic can reach out to their account manager to turn on the integration.

About Matic:

Matic is a technology-driven insurance agency focused on helping lenders and loan officers better integrate homeowner's insurance into the lending process. By using loan application information and first-of-its-kind technology, Matic provides homebuyers multiple policy options within seconds, helping loan officers close their loans faster. Matic delivers the most trusted, affordable insurance policies available thanks to its partnerships with a diverse network of insurance carriers. Today's borrowers expect a digital home-buying experience, and Matic gives them the digital insurance experience to match. For more information, visit http://matic.com or follow Matic on LinkedIn.

About MortgageHippo:

MortgageHippo works with lenders to devise and implement their digital mortgage strategies using its borrower-centric digital lending platform. The MortgageHippo platform allows lenders to deliver a modern borrowing experience, improve borrower conversions, significantly reduce origination costs and integrate with other innovative technologies. MortgageHippo's platform is fully customizable to lender preferences and configurable to lenders' workflows and processes. For more, visit https://www.mortgagehippo.com.

Matic Insurance, a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, today announced the availability of its one-click "get quote" button within MortgageHippo, a cloud-based digital mortgage platform that guides consumers through a modern, lender-branded borrowing experience.

Related link: https://maticinsurance.com/

ScoopCloud

The affordable PR newswire service

Tag Archives: MortgageHippo

DocMagic Integrates eSign Technology with MortgageHippo’s Digital Lending Platform

MortgageHippo Picks Matic for Integrated Homeowner’s Insurance That Helps Lenders and Consumers Save Money