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DocMagic Earns a Second Consecutive Spot on the Inc. 5000 List of Fastest-Growing Private Companies

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that it again made Inc. 5000's list of fastest-growing private companies for 2022.

Companies on this year's Inc. 5000 list are ranked according to percentage of revenue growth from 2018 to 2021. DocMagic's growth rate for this three-year period was 100 percent, earning the company the rank of 4,434 in the financial services category.

"We are honored to have achieved a growth rate that places us on Inc.'s prestigious list of rapidly growing U.S. companies for a second time," said Dominic Iannitti, president and CEO of DocMagic. "The mortgage banking industry continues to be a highly competitive environment. Making this list in back-to-back years tells us that our digital solutions are putting our growing list of lender-clients in the most efficient, compliant and cost-effective positions possible."

DocMagic's award-winning Total eClose(tm) platform, document generation, automated compliance and targeted digital lending solutions are credited with helping lenders successfully operate in an unprecedentedly high-volume lending landscape.

Inc. magazine stated that the companies on the 2022 Inc. 5000 list have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Notable is that the total revenue among the 5000 companies on the 2022 list was $317.5 billion with 1,178,549 jobs added. Only 945 companies on this year's list were repeat honorees like DocMagic.

"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."

Complete results of the 2022 Inc. 5000 winners, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

About DocMagic

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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 Inc.

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that it again made Inc. 5000's list of fastest-growing private companies for 2022.

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

NMP Selects DocMagic Chief eServices Executive Brian D. Pannell for 2022 Most Connected Mortgage Professionals Award

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that Brian D. Pannell, the company's chief eServices executive, has been recognized by National Mortgage Professional (NMP) magazine as one of the most connected mortgage professionals within the industry for 2022.

NMP states that people named to the annual list are successful, well-connected, and powerful networkers and influencers who are completely dedicated to the mortgage industry. The award assesses the degree of connectivity winners have within the mortgage industry. Specifically, nominees are evaluated based on the extent to which they have leveraged social media platforms to successfully collaborate with industry colleagues, share ideas, promote positive news and events, and evangelize for the good of the industry.

"I am honored that the judges at NMP have selected me for this award," stated Pannell. "Being recognized as 'connected' is a reflection of how industry peers perceive the value of our insights and the contributions we make in our respective areas to consistently serve as trusted sources of guidance, information and leadership. At DocMagic, our clients rely on our deep subject-matter expertise and I'm proud to be able to share my experience and insights to help advance the lending process."

Amid an ever-evolving mortgage market and technology landscape, NMP's Most Connected winners stand out from their peers as thought leaders and influencers providing analysis, assessment and guidance to help mortgage industry participants better understand how to adapt and change to successfully compete in today's market.

Pannell was applauded by his peers and NMP's judges as a subject matter expert and leader on eSignings, eNotarizations, eClosings, eNotes, eVaults, eWarehouses, and more. He has helped countless lenders, banks, servicers, technology providers, GSEs and others understand the immense value of going "e." He is passionate about sharing the benefits of eMortgage adoption through his industry contacts, affiliations with industry associations and conferences, the mortgage industry media, and through the personal connectivity that social media provides.

The complete list of 2022 Most Connected award winners can be found in the July edition of NMP's digital magazine. https://nationalmortgageprofessional.com/magazine/nmp-magazine/40-year-old-virgin-mortgage/digital-edition

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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/.

DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that Brian D. Pannell, the company's chief eServices executive, has been recognized by National Mortgage Professional (NMP) magazine as one of the most connected mortgage professionals within the industry for 2022.

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

Mortgage Banker Magazine Honors DocMagic’s Dominic Iannitti with Inaugural Legends of Lending Award

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that its president and CEO, Dominic Iannitti, has been selected by Mortgage Banker magazine as a 2022 Legends of Lending award recipient.

The Legends of Lending award evaluates the most talented, ambitious and legendary individuals in the mortgage industry. The inaugural class is comprised of executives who have made an extraordinary impact on the mortgage industry over the course of their careers and highlights each winner on a personal level.

Mortgage Banker magazine stated that all nominations were reviewed carefully by a panel of judges, arriving at an elite list of 29 winners for the first-time accolade. Nominees were evaluated based on the significant contributions they have made to the mortgage industry along with their accomplishments and leadership characteristics that define them as legends.

"I am truly honored to win an award that acknowledges the achievements of industry leaders throughout their careers, and I thank the judges at Mortgage Banker magazine for the time they took to review the many nominations received," stated Iannitti. "There is something truly special about being recognized for making a difference across an entire industry. I humbly accept this distinguished award and congratulate each of this year's winners."

Mr. Iannitti founded DocMagic in 1987 and has since grown the company into one of the industry's most dominant fintech providers. Under Iannitti's leadership, the award-winning software firm has developed high-impact digital mortgage solutions that lead the industry in innovation and early adoption. He is committed to digitizing critical areas of the mortgage process, and has created many of the solutions required to facilitate an end-to-end paperless eMortgage.

DocMagic's ongoing success is, in part, attributed to Dominic's long-term vision, passion for innovation, and nimble leadership style. He has helped tackle some of the industry's most pressing problems, bringing all of the necessary members of the supply chain together to collaborate on issues and arrive at solutions.

Iannitti has earned over 100 awards and accolades over the course of his mortgage career. He is a well-known figure in the industry and has a reputation for his unwavering dedication and energy to always move the industry forward through creativity and digitization.

The complete list of Mortgage Banker magazine's inaugural Legends of Lending class can be found by accessing the digital edition, which includes a one-on-one Q&A interview with each winner: https://nationalmortgageprofessional.com/magazine/mortgage-banker-magazine/legends-lending/digital-edition

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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/.

DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that its president and CEO, Dominic Iannitti, has been selected by Mortgage Banker magazine as a 2022 Legends of Lending award recipient.

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

OpenClose’s Mitch Swanson Honored by PROGRESS in Lending with Next Gen Leader Award

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose®, the leading fintech provider of residential mortgage software solutions for banks, credit unions and mortgage lenders, announced that its product delivery manager, Mitch Swanson, has been recognized as a Next Gen Leader within the industry by PROGRESS in Lending Association.

The Next Gen Leader award highlights rising visionaries and thought leaders who have been in the mortgage industry for 15 years or less. PROGRESS in Lending states that the winners encompass a wide range of mortgage professionals with diverse skill sets that have one commonality: helping their companies make a difference for the good of the industry. Winners of the award are creative, out-of-the-box thinkers who go beyond what's expected, are not afraid to step forward and blaze a new trail, and constantly offer bold new ideas.

Mitch Swanson, PMP has spent his entire career in the mortgage industry working for both mortgage lenders and mortgage technology vendors. This rich blend of vendor and lender experience gives him unique industry insight to better assist lenders in optimizing the use of OpenClose's solution suite.

"I am elated that the judges at PROGRESS in Lending put me on the 2022 list of young, emerging leaders who are making a difference in the mortgage industry," said Swanson. "I have been dedicated to the mortgage industry from day one and am committed to helping lenders maximize operational efficiencies via technology. I look forward to working with more lenders and introducing them to OpenClose's suite of mortgage software solutions."

At OpenClose, Mitch has been integral with delivering the company's borrower direct lending automation solution, ConsumerAssist™. This self-service model flourished throughout the refinance boom, helping lenders manage an influx of loan applications, and is now being leveraged to cut costs while offering borrowers a superb lending experience. ConsumerAssist has been implemented with great success at banks, credit unions, and independent mortgage banks thanks to Mitch's leadership and innovation.

Mitch has also worked on OpenClose's Assist series that automate specific lending functions for a wide variety of customer types. In addition to onboarding new customers onto the ConsumerAssist platform, Mitch constantly works on product enhancements that deliver innovative solutions that increase borrower satisfaction and lender efficiencies.

One of Mitch's latest initiatives includes creating a three-tiered pre-approval process based on confidence levels calculated with inputs from third party verification services. This process will have the ability to generate pre-approval letters with little to no contact with a loan officer. Consequently, it will dramatically improve a buyer's chance at securing a property to purchase while reducing the number of resources required to generate an accurate pre-approval. Mitch's efforts are ongoing, as he continually works with the OpenClose team and its customers to further enhance OpenClose's software solutions.

"Mitch is an integral member of our product development team who is well-respected by his colleagues, industry peers and OpenClose's customers," said Allen Pollack, vice president of innovation at OpenClose. "He is a dynamic, multi-faceted person who is stacked with mortgage technology experience at both the vendor and lender levels. We are pleased that the judges at PROGRESS in Lending recognized Mitch's efforts that deservedly landed him on the 2022 Next Gen Leaders list."

The complete list of award winners for 2022 can be found on PROGRESS in Lending's website: https://mymortgagemindset.com/the-2022-nextgen-leader-award-winners-are/

About OpenClose:

Founded in 1999, OpenClose is the preeminent fintech provider that developed the mortgage banking industry's first SaaS-based lending automation software platform. Today, the company has expanded to become an award-winning, comprehensive loan origination software suite that slashes the cost to manufacture loans by up to 40 percent, reduces processing and underwriting cycle times by up to 50 percent, and requires minimal support to install and manage. OpenClose is the only vendor in the industry able to offer a true end-to-end, omni-channel, 100 percent browser-based, workflow-driven platform that effectively consolidates the digital POS, LOS, PPE and BI functions via a single provider, with easy access from any browser or mobile device. For more information, visit https://www.openclose.com/ or call (561) 655-6418.

OpenClose®, the leading fintech provider of residential mortgage software solutions for banks, credit unions and mortgage lenders, announced that its product delivery manager, Mitch Swanson, has been recognized as a Next Gen Leader within the industry by PROGRESS in Lending Association.

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

DocMagic’s Chief Compliance Officer, Gavin T. Ales, Receives 2022 Next Gen Leader Award

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that Gavin T. Ales, its chief compliance officer, has been named a Next Gen Leader for 2022 by PROGRESS in Lending.

The Next Gen Leader award highlights rising visionaries and thought leaders that have been in the mortgage industry for 15 years or less. PROGRESS in Lending states that the winners encompass a wide range of mortgage professionals with diverse skill sets that have one commonality: helping their companies make a difference for the good of the industry. Winners of the award are creative, out-of-the-box thinkers who go beyond what's expected, are not afraid to step forward and blaze a new trail, and constantly offer bold new ideas.

Gavin is an expert in mortgage banking compliance, federal and state regulatory compliance, financial services law, real estate law, and consumer credit law, among other focuses. He has a rich background in the mortgage industry working on both the lender and vendor side of compliance. Gavin routinely collaborates with lenders, GSEs, investors, servicers, warehouse lenders, settlement provides, technology partners, and other relevant entities on industry compliance matters.

As chief compliance officer at DocMagic, Gavin oversees the company's compliance service to ensure that all of DocMagic's technology solutions are fully compliant with changing rules and regulations. He regularly spearheads large, high-impact compliance projects and has led clients as well as additional members of the mortgage supply chain through some of the most challenging compliance initiatives. Prior to DocMagic, Gavin spent seven years at Prospect Mortgage serving in multiple roles, climbing to the position of deputy chief compliance officer.

"I am honored to receive this recognition from PROGRESS in Lending, which is a reflection of not only my efforts, but also the hard work and dedication of my team to ensure that lenders utilizing DocMagic's robust solution suite are always compliant with regulatory requirements and guidelines," commented Ales. "At DocMagic, our focus on innovation and staying ahead of 'what's next,' enables our clients to proactively plan and gain peace of mind vs. merely react to the ever-evolving nature of regulatory change."

The complete list of Next Gen Leader winners for 2022 can be found on PROGRESS in Lending's website: https://mymortgagemindset.com/the-2022-nextgen-leader-award-winners-are/

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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/.

DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that Gavin T. Ales, its chief compliance officer, has been named a Next Gen Leader for 2022 by PROGRESS in Lending.

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

DocMagic’s Leah Sommerville Recognized with 2022 Trailblazer Award

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that Leah Sommerville, a senior account executive on its eClosing team, has been honored by PROGRESS in Lending as a 2022 Sales & Marketing Trailblazer. The award recognizes sales, marketing and public relations executives that are blazing trails in the mortgage industry.

PROGRESS in Lending states that leading salespeople are consistently adding revenue to the topline for their organizations and marketing standouts are building credibility, awareness and value that pave the way for business development efforts. The commonality between the two functions is that these executives all work tirelessly to ensure that their companies and clients are successful and in the limelight; however, they themselves don't always get recognized. Currently in its fourth year, PROGRESS in Lending's Trailblazer award seeks to applaud industry standouts in this field.

Leah Sommerville of DocMagic has become an integral part of its eClosing team. Over the years, she has played a role in helping lenders make the switch to digitizing their lending processes with the implementation of eClosing, eNotarization, eNote and eVault technology. She has been successful in helping lenders transform their business models with DocMagic's suite of digital mortgage automation solutions.

"I am truly honored to be named to this all-star list of peers in my field who are doing great things for their companies on the revenue producing and awareness creation front," stated Sommerville. "It has been an exciting time at DocMagic introducing lenders to the immense value our Total eClose(tm) platform delivers and I am excited to be recognized by the judges at PROGRESS in Lending."

During the last few years, Leah has made significant inroads with introducing DocMagic's comprehensive Total eClose(tm) platform and ancillary solutions. She works closely with direct lenders, warehouse lenders, investors, settlement providers, notaries, and other lending entities to automate the closing process ---ultimately benefiting the entire mortgage supply chain. Leah's efforts don't stop with just a sales-based focus; she also works with DocMagic's marketing team to create awareness, participating as a speaker on many webinars and discussion groups throughout the year to educate lenders on the value of digitizing the mortgage process.

The complete list of PROGRESS in Lending's class of 2022 Trailblazers is showcased on its website: https://mymortgagemindset.com/the-2022-trailblazers-award-winners-are/.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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/.

DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that Leah Sommerville, a senior account executive on its eClosing team, has been honored by PROGRESS in Lending as a 2022 Sales & Marketing Trailblazer. The award recognizes sales, marketing and public relations executives that are blazing trails in the mortgage industry.

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

MISMO Certifies DocMagic’s Total eClose™ Platform and Proprietary RON Technology

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of compliant loan document generation, automated regulatory compliance and comprehensive eMortgage services, announced that it attained MISMO's eClosing System and remote online notarization (RON) certifications for its Total eClose™ solution.

Both certifications are part of MISMO's eMortgage Technology Certification Program created to support, advance and increase the mortgage industry's adoption of digital solutions and is specifically designed to facilitate and encourage eClosing transactions. Moreover, the RON certification confirms that the provider's platform, procedures, and policies comply with MISMO standards and the eClosing certification confirms that the platform meets MISMO-specific requirements.

MISMO standards are widely accepted and used throughout the real estate finance industry, and most major institutions, including government agencies and GSEs, which are utilizing MISMO standards to exchange data with business partners. In addition, agencies like the CFPB have made it clear that their examination and data exchange tools will rely on and conform to the MISMO standard.

DocMagic became Certified MISMO Compliant for eClosing in February of this year and is the only document generation provider with the eClosing certification. In 2021, DocMagic's proprietary RON capability was offered to its existing client base. The company's Certified RON solution seamlessly integrates with the company's industry-leading Total eClose platform, enabling lenders and their borrowers to realize a fully digital closing experience.

"We are pleased to have received these important certifications, which establish standards that improve lenders' ability to evaluate eClosing technology providers," stated Dominic Iannitti, president and CEO of DocMagic. "DocMagic has consistently championed the utilization of eClosing and RON technology in an effort to move the industry forward. These certifications help facilitate the adoption process and we fully embrace them."

DocMagic's Total eClose platform is a single-source solution that contains all components needed to execute fully paperless eClosings. The award-winning innovation was the first of its kind to be introduced to the mortgage industry in 2014 and since that time has gained widespread market adoption.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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 MISMO:

MISMO is the standards development body for the real estate finance industry. MISMO developed a common language for exchanging information for the mortgage finance industry. Today, MISMO standards are accepted and deployed by every type of entity involved in creating mortgages, and they are required by most regulators, housing agencies and the GSEs that participate in the industry. Use of MISMO's standards has been found to lower per loan costs, improve margins, reduce errors and speed up the loan process by reducing manual, paper-based processes while creating cost savings for the consumer.. For more information, please visit https://www.mismo.org.

DocMagic, Inc., the premier provider of compliant loan document generation, automated regulatory compliance and comprehensive eMortgage services, announced that it attained MISMO's eClosing System and remote online notarization (RON) certifications for its Total eClose™ solution.

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

PROGRESS in Lending Names DocMagic’s Director of Client Services to 2022 Most Powerful Women in Fintech List

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that its director of client services, Lori Johnson, has been recognized by PROGRESS in Lending Association as a leading female technology professional in the mortgage industry.

Now in its fourth year, the Most Powerful Women in Fintech award lauds those who play a pivotal role in leading the way and reshaping how the mortgage industry thinks.

Lori Johnson has a rich background in the mortgage industry working for technology start-ups and growth focused companies. She joined DocMagic in 2014 after helping facilitate the acquisition of Document Express by DocMagic. The entire customer base was successfully migrated over to DocMagic's dynamic document generation platform.

Today she serves as the director of client services for DocMagic. Lori has been instrumental in helping lender clients realize the benefits of digital lending automation, eClosings, eNotes, eVaults, and the importance of system-to-system interoperability as the mortgage ecosystem expands.

"Lori has and continues to serve as an invaluable asset to our customers and company," remarked, Dominic Iannitti, president and CEO of DocMagic. "Her solution-oriented approach and hands-on style to clients embody the way DocMagic does business. We commend Lori for her ongoing industry contributions and are elated that PROGRESS in Lending recognized her successes."

At DocMagic, Lori leads the company's team to onboard lenders with its Total eClose platform and supporting technologies. She collaborates with lenders and third-party vendors to optimize workflows and maximize ROI. Lori is committed to innovation and perfection, always seeking the most effective way to harness technology.

"I am honored to be acknowledged by PROGRESS in Lending on this year's list along with other women who are moving the industry and their companies forward," stated Johnson. "There are many advances being made with digital lending technologies right now. It is exciting to see so many women playing key roles in helping expand the digital mortgage ecosystem for the good of the industry."

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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/.

DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that its director of client services, Lori Johnson, has been recognized by PROGRESS in Lending Association as a leading female technology professional in the mortgage industry.

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

PROGRESS in Lending Lauds Kathy Olsen of OpenClose with Most Powerful Women in Fintech Award

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose®, the leading fintech provider of residential mortgage software solutions for banks, credit unions and mortgage lenders, announced that its director of support services, Kathy Olsen, has been honored by PROGRESS in Lending Association as a leading female technology professional in the mortgage industry.

Now in its fourth year, the Most Powerful Women in Fintech award recognizes only those women who play key roles in leading the way and reshaping how the mortgage industry thinks. PROGRESS in Lending named only a total of 35 honorees to the 2022 list.

With more than 30 years of experience in the mortgage industry, Kathy Olsen has spent a good portion of her career working in mortgage technology and specifically the LOS space. She oversees training and support for OpenClose's LenderAssist(tm) LOS customers and ancillary solutions.

Armed with experience working for lenders, mortgage technology providers and industry consultants coupled with 12 years at OpenClose, Olsen is in a unique position to help customers get trained and go live. Olsen is credited with onboarding and training dozens of new customers throughout one of the most explosive growth periods in OpenClose's 22-year company history. In recent years, lender demand for OpenClose's completely browser-based Assist series of lending solutions has spiked, as lenders enjoy a simple and cost-effective workflow to managing the mortgage lending process within an efficient, easy-to-use and elegant user experience.

"I am elated to receive recognition alongside so many other accomplished women who are helping spur forward progress for their companies and the industry," said Olsen. "There are a lot of great technology solutions available to lenders; however, it's the people behind those solutions that ultimately makes a difference. As one of the 35 winners, it's refreshing to see advances being made in the industry with female technologists."

"Kathy is very passionate about helping our customers quickly get up to speed on our platform and began enjoying newfound efficiencies," said Vince Furey, CRO at OpenClose. "She is a rare breed of highly dedicated and enthusiastic subject matter experts in the LOS space, and it shows in the way she interfaces with end users. We are lucky to have Kathy on our team."

The complete list of Most Powerful Women in Fintech winners for 2022 can be found on PROGRESS in Lending's website. https://mymortgagemindset.com/the-2022-most-powerful-women-in-fintech-award-winners-are/.

About OpenClose:

Founded in 1999, OpenClose is the preeminent fintech provider that developed the mortgage banking industry's first SaaS-based lending automation software platform. Today, the company has expanded to become an award-winning, comprehensive loan origination software suite that slashes the cost to manufacture loans by up to 40 percent, reduces processing and underwriting cycle times by up to 50 percent, and requires minimal support to install and manage. OpenClose is the only vendor in the industry able to offer a true end-to-end, omni-channel, 100 percent browser-based, workflow-driven platform that effectively consolidates the digital POS, LOS, PPE and BI functions via a single provider, with easy access from any browser or mobile device. For more information, visit https://www.openclose.com/ or call (561) 655-6418.

Social: @OpenClose_LOS #LenderAssist #KathyOlsen #MostPowerfulWomenInFintech #MortgageSoftwareSolutions

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

OpenClose®, the leading fintech provider of residential mortgage software solutions for banks, credit unions and mortgage lenders, announced that its director of support services, Kathy Olsen, has been honored by PROGRESS in Lending Association as a leading female technology professional in the mortgage industry.

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

Black Knight Empower LOS Now Integrated with DocMagic

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of loan document generation, compliance support and comprehensive eMortgage services, announced an integration with Empower, Black Knight's loan origination system (LOS), to help automate the DocMagic document generation process for lenders and provide access to additional DocMagic services.

Lenders now have access directly from Empower to DocMagic's intelligent document generation solution, supporting compliance, data integrity and trackability. DocMagic's data-driven technology leverages its sophisticated audit engine for automated data validation testing and regulatory compliance audits to analyze relevant compliance rules, regulations and applicable laws, assisting lenders with compliance on pertinent loan documents throughout the lending process.

"We are pleased to integrate with Black Knight to facilitate digital document generation and compliance support for the mortgage industry's leading lenders," stated Dominic Iannitti, president and CEO of DocMagic. "Black Knight has done an outstanding job aligning with key market providers to support their customer base, significantly growing its LOS business. We're excited that this integration for document generation will also pave the way to provide lenders with the benefits of additional DocMagic solutions."

Black Knight's end-to-end, feature rich LOS platform supports a growing digital lending ecosystem designed to support business expansion. The cloud-based system offers advanced capabilities that automate the lending process from start to finish. Empower is configured to support a lender-specific workflow and operates in tandem with DocMagic's automated and continuous compliance checks on relevant documents at key points throughout the process.

"Empower's strategic integration with DocMagic offers tremendous benefits to Empower users by providing innovative, lights-out integration to support best-in-class document generation, while preserving the integrity of the data and tracking it throughout the loan process," said Rich Gagliano, president, Black Knight Origination Technologies. "Together, Black Knight and DocMagic can help lenders support their compliance efforts and provide borrowers with a more satisfying loan experience."

Kansas City-based Nutter Home Loans, the first mutual Black Knight and DocMagic client to go-live with the Empower integration to DocMagic, is experiencing positive results. The national lender was founded in 1951 and originates Conventional, FHA, VA, Jumbo, and USDA loans.

"Nutter is committed to making the lending process as easy as possible for our customers," stated Tera Guy, EVP of operations at Nutter Home Loans. "DocMagic's integration with Black Knight delivers multiple efficiencies for our borrowers and our support staff. Like Nutter, the team at DocMagic places paramount emphasis on delivering service excellence, and in part, this is one of the primary reasons we engaged with them. We look forward to continued optimization of our service through future capability expansions."

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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/.

Media Contact:

Joe Bowerbank

Profundity Communications, Inc.

949-378-9685

jbowerbank@profunditymarketing.com

DocMagic, Inc., the premier provider of loan document generation, compliance support and comprehensive eMortgage services, announced an integration with Empower, Black Knight's loan origination system (LOS), to help automate the DocMagic document generation process for lenders and provide access to additional DocMagic services.

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

Centier Bank Leverages DocMagic’s eVault Technology to Accept and Manage eNotes

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of compliant loan document generation, automated regulatory compliance and comprehensive eMortgage services, announced that Indiana-based Centier Bank is now equipped to receive eNotes from their warehouse clients through DocMagic's eVault solution. The move positions Centier to secure more business as mortgage bankers increasingly adopt eClosing technology.

Founded in 1895, Centier Bank is Indiana's largest private family-owned community bank with more than 60 branches statewide. The bank is focused on providing excellence in service to customers and offering a one-of-a-kind personal touch. Centier's mortgage warehouse division serves as a trusted warehouse lender to mortgage bankers nationwide.

Centier implemented DocMagic's eVault specifically for its mortgage warehouse lending business. DocMagic's solution enables the bank to accept and fund eNotes from customers closing loans electronically. Company spokespeople at Centier state that the business driver to implement DocMagic's technology was to facilitate ease of doing businesses with eNotes coupled with establishing a future competitive advantage.

"We strongly believe that in the next 12-18 months, eNote acceptance will gain significant industry adoption among both mortgage bankers and end investors," said Jim Taschler, vice president of mortgage warehouse at Centier Bank. "As such, we want to have the technology in place to effectively handle that method of doing business. Centier is committed to investing in technology that makes it easier to do business with us, which DocMagic's eVault makes happen. Ease of system use and simplicity of doing business is going to determine who leads the pack as the mortgage digital ecosystem grows. DocMagic is playing a pivotal role in helping transform our bank's business model."

Centier's eWarehouse lending process is now quicker, easier and clears warehouse lines expeditiously. By using DocMagic's SmartREGISTRY(tm) system to register their eNote on the MERS® eRegistry, it is securely stored within DocMagic's eVault platform. The new eWarehouse lending process reduces cycle times functioning in minutes versus days. The overall process to close, fund and sell the note is effectively fast-tracked.

"Centier has a sterling reputation in the state of Indiana with their exemplary service levels and community involvement," stated Dominic Iannitti, president and CEO of DocMagic. "Their decision to adopt an eWarehouse lending strategy is truly impressive and will ultimately reduce their origination costs and allow them to provide even better service for their clients. We are excited to work with such a forward-thinking, tech-savvy bank."

Taschler at Centier added: "Whereas it used to just be the GSEs accepting eNotes, we now see more and more aggregators also getting on board with eNotes. Everything is clearly going digital. When we see trending in the secondary market, it supports our assertion. We are excited to ramp up and digitize our mortgage business with DocMagic."

Adoption of eNotes has grown significantly over the last couple of years with an increasing number of organizations across the mortgage supply chain realizing benefits. As of April 1, 2022, the MERS® eRegistry reported over 1.6M unique registered eNotes to-date. The industry now boasts 23 different investors that can originate, fund and purchase eNotes. Further, the MERS® eRegistry currently has 30 warehouse lenders successfully funding eNotes. The list of companies now integrated with the MERS® eRegistry continues to grow and includes originators, warehouse lenders, servicing agents, subservicers, investors, Federal Home Loan Banks, ands custodians.

DocMagic's eVault is being utilized by GSEs, investors, servicers, warehouse lenders, banks and other relevant mortgage entities. The eVault is integrated into DocMagic's comprehensive eClosing process, offering lenders options from hybrid variations to fully digital eNote and RON eClosings.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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 Centier Bank:

Centier Bank is Indiana's largest private, family-owned bank, with 62 branches statewide and over 900 employees. The bank has retail banking locations in Allen, Boone, Elkhart, Hamilton, Lake, La Porte, Marion, Marshall, Porter, St. Joseph, and Tippecanoe Counties in Indiana. The bank was recently named as the #1 Bank in Indiana by Forbes Magazine. Centier has been named as a "Best Bank to Work For" in Indiana by American Banker and has achieved Hall of Fame status as a "Best Places to Work For" by the Indiana Chamber of Commerce. Visit the company's website to learn more: https://www.centier.com/.

DocMagic, Inc., the premier provider of compliant loan document generation, automated regulatory compliance and comprehensive eMortgage services, announced that Indiana-based Centier Bank is now equipped to receive eNotes from their warehouse clients through DocMagic's eVault solution. The move positions Centier to secure more business as mortgage bankers increasingly adopt eClosing technology.

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

HousingWire Names DocMagic One of the Top 100 Most Innovative Mortgage Companies for 2022

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of compliant loan document generation, automated regulatory compliance and comprehensive eMortgage services, announced that it earned a spot on HousingWire's coveted 2022 Tech100 list for the ninth straight year.

HousingWire's Tech100 program provides housing professionals with a comprehensive list of the most innovative and impactful organizations that are being leveraged to address the challenges that mortgage lenders and real estate professionals face every day.

"We're always innovating and enhancing our solutions to maximize customer success as our digital lending ecosystem advances," said Dominic Iannitti, president and CEO at DocMagic. "Over the course of 2021, we launched several new solutions designed to improve the borrower experience and make back-office staff more efficient. We are elated that HousingWire has recognized our innovations and again listed DocMagic as a Tech100 winner."

In 2021, DocMagic unveiled eSign 3.0, a redesigned user interface that dramatically enhances the borrower experience. eSign 3.0 also offers lenders and settlement providers new features that help them more easily initiate remote online notarizations (RON) to enable fully paperless eClosings via its Total eClose(tm) platform.

2021 also saw the launch of DocMagic's eDecision(tm) tool, which instantly determines e-eligibility and provides the most beneficial level of eClosing that a lender can offer borrowers. The automatic decisioning process begins as soon as the first set of disclosures is generated and continues to perform e-eligibility checks throughout the process.

In addition, DocMagic recently introduced AutoPrep(tm), a solution that applies AI, OCR and machine learning technology to instantly e-enable third-party documents, streamlining electronic document execution within its award-winning Total eClose(tm) platform. AutoPrep has been gaining steady adoption since being launched in 2020.

"This year's list of Tech100 honorees proves once again that innovation within housing is vital in differentiating the organizations who will thrive and those who will be left behind," said Clayton Collins, CEO of HW Media. "This list spotlights the innovators that are making the housing sector better and more sustainable by increasing efficiency, improving user and borrower experiences and bringing elasticity and improvements to age-old processes."

Notable is that DocMagic was the first vendor in the mortgage industry to launch a fully paperless eClosing solution, complete with remote notary capability. Total eClose was officially introduced in 2014 and has since become award-winning technology with widespread industry adoption.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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 HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to Move Markets Forward. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.

DocMagic, Inc., the premier provider of compliant loan document generation, automated regulatory compliance and comprehensive eMortgage services, announced that it earned a spot on HousingWire's coveted 2022 Tech100 list for the ninth straight year.

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

Recently Launched LoanMAPS™ LOS Now Integrated with DocMagic Eliminating Need for Disclosure Desk and Closing Department

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, is pleased to announce that it has integrated multiple digital lending solutions with Take Three Technologies' ("Take3") cloud-based and fully-integrated loan origination system (LOS), LoanMAPS™. LoanMAPS - an all-in-one LOS, POS, CRM, and report generator - was introduced to the industry via a soft launch in 2019 and is now commercially available for clients.

The new integration with LoanMAPS empowers clients by eliminating the need for an initial disclosure desk and closing department, which results in reducing the clients' full-time employee count and slashes clients' cost to produce loans. Via the integration, LoanMAPS users can easily and compliantly generate loan documents for borrowers, eSign documents, and will offer eClosing capability. Together, the solutions enhance the initial disclosure process, streamline closings, and provide users with an efficient and simplified mortgage process.

"The integration that we developed with Take3's LoanMAPS LOS is seamless and bi-directional, giving users the ability to harness several of our solutions to optimize the borrower experience, reduce lender costs and ensure compliance," stated Steve Ribultan, director of business development at DocMagic. "We are pleased to partner with Take 3 and extend this offering to mutual lender clients residing on LoanMAPS."

LoanMAPS, a cloud-based LOS, runs completely off a standard internet browser accessible from the user's desktop, laptop computer, or mobile device. Automating the entire lending process for mortgage bankers, LoanMAPS applies AI and sophisticated business logic to implement newfound efficiencies across the system from production through post-closing. Additionally, unlike most commercially available LOSs, LoanMAPS also includes a robust CRM, POS, and Report Generator, which eliminates the need to add third party applications, dramatically lowering the cost to originate loans while maximizing productivity. Take3 encourages clients to take their Cost to Produce Challenge and see how much they could save with LoanMAPS.

"A team of mortgage lenders developed LoanMAPS after decades of experience working with other solutions and realizing the value that having one technology provides in terms of one database and one training system," stated Anita Padilla, CEO of Take 3 Technologies. "LoanMAPS was built by mortgage bankers, for mortgage bankers."

Padilla continued: "From its conception, LoanMAPS was developed with the objective to give lenders the flexibility to grow their volume while saving time and money, alleviating compliance and underwriting guideline concerns, and slashing the total cost to manufacture loans. Working with a proven industry leader like DocMagic enables us to optimize the overall value that LoanMAPS offers."

DocMagic's Audit Engine fully automates data and document validation at all phases throughout the lending process to ensure accuracy and compliance. Continuous automated compliance checks validate that the documents are always generated in compliance with federal, state and investor rules and regulations. The integration with LoanMAPS also ensures that the TRID rules are adhered to at all times, eliminating costly errors.

"The interface between DocMagic and LoanMAPS has been hugely beneficial in streamlining our entire initial document disclosure process and ensuring compliance," said Gail Maes, Vice President of Operations at Megastar Financial. "The ease of use it gives our customers helps elevate the borrower experience and complements the intuitive functionality that LoanMAPS gives our back-office staff."

Take 3 Technologies is also integrating DocMagic's Total eClose™ platform with LoanMAPS. Total eClose automates the entire eClosing process via a single-source solution that guides users through a highly efficient eClosing experience which allows them to securely eSign and eNotarize a loan from anywhere via a simple internet browser. The addition of Total eClose to LoanMAPS saves borrowers significant amounts of time at the closing table and helps lenders enhance the borrower experience.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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 Take 3 Technologies:

Take Three Technologies developed LoanMAPS, a cloud-based and fully-integrated loan origination system. With LoanMAPS, you can replace your current LOS, CRM, POS, and Report Generator with one easy-to-use solution that covers of all of your mortgage banking technology needs. From client management and origination to processing and closing, LoanMAPS is here for you with easy implementation and training at your fingertips. Reduce your cost to close and increase your productivity with LoanMAPS today. For more information, visit the company's website https://welcome.loanmaps.com/.

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, is pleased to announce that it has integrated multiple digital lending solutions with Take Three Technologies' ("Take3") cloud-based and fully-integrated loan origination system (LOS), LoanMAPS™.

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

ReverseVision Recruits Marketing Maven Scott Shepherd to Elevate Brand and Support Growth

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that seasoned marketing executive Scott Shepherd has joined the company to head its marketing efforts. As head of marketing, he oversees ReverseVision's marketing department and is responsible for the design and implementation of its new marketing strategy.

Founded in 2007, Shepherd joins ReverseVision at a turning point in the company's history as the market leader in reverse mortgage automation solutions. ReverseVision has been putting in place the necessary building blocks to support an increasing need for reverse mortgage products among lenders and borrowers.

"I am elated to join the highly passionate, dedicated team at ReverseVision and look forward to taking its marketing and branding to the next level," said Shepherd. "Following a high-volume re-fi boom, the mortgage industry's changing business landscape is ripe to increase the adoption of reverse loan products via multiple delivery methods. ReverseVision is well-positioned to capitalize on these opportunities, while helping the mortgage industry expand and evolve with these much-needed loan products."

Shepherd has an extensive marketing background and a proven track record of successful execution in marketing, communications and branding. Over the course of six years, he was central to the development and growth of the eOriginal brand into one of the preeminent digital mortgage lending platforms in the country, ultimately leading to an acquisition by Wolters Kluwer in 2020.

Prior to joining ReverseVision, he headed the marketing strategy at Unleashed Technologies, a web development and digital services firm with commercial and non-profit clients in multiple vertical markets, including financial services. His strategic marketing efforts resulted in the company successfully positioning its solutions in an easy-to-understand, digestible manner for prospects.

Over the course of his career spanning more 25 years, Shepherd developed a broad base of knowledge involving nearly all facets of marketing in multiple industries within different sectors. He has managed marketing communications for several companies ranging from non-profit entities, private, international, government, education and consulting firms. In addition, he has been an editor, journalist and a public relations specialist.

"We welcome Scott to the team at ReverseVision and since joining us, he's already had a positive impact internally and externally," said Bill Mitchell, CRO at ReverseVision. "Scott is an experienced marketing professional who is accustomed to working in fast-paced, dynamic environments operating in growth mode. We are lucky to have him on board at a pivotal juncture as we experience a surge in demand for reverse mortgage technologies."

Scott holds a B.A. in journalism from Buffalo State College and an M.S. in management with a focus in marketing from the University of Maryland.

About ReverseVision:

Since 2007, ReverseVision (RV) has been the leading reverse mortgage technology provider, serving 50 of the top reverse mortgage lenders, 100 percent of reverse investors, and more than 10,000 daily users. RV's award-winning technology offers new APIs (Reverse-as-a-Service) that open the total addressable market, creating new technology synergies that allow forward and reverse mortgages to coexist in the lender's core systems, helping break down adoption barriers so that mortgage bankers can serve their borrowers for life.

ReverseVision's core platform, ReverseVision Exchange (RVX), is comprehensive and proven to automate the entire reverse lending process from origination through secondary marketing. The company's technology is being successfully leveraged as a springboard that helps lenders get into the reverse space easily and efficiently. For more information, visit https://www.reversevision.com/.

ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that seasoned marketing executive Scott Shepherd has joined the company to head its marketing efforts. As head of marketing, he oversees ReverseVision's marketing department and is responsible for the design and implementation of its new marketing strategy.

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

Trust Lending Leveraging ReverseVision Platform to Grow Reverse Mortgage Wholesale Business

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that Trust Lending, a national mortgage banker, has gone live with ReverseVision's Exchange (RVX) platform for its wholesale lending channel. The platform helped Trust Lending springboard its wholesale channel into easily and expeditiously originating loans for reverse mortgage products.

Headquartered in Doral, Fla., Trust Lending is an established mortgage banker that has been in business for more than 15 years, offering a wide array of products to meet the differing needs of borrowers. The lender recently implemented ReverseVision's Exchange loan origination system (LOS) to automate the reverse lending process. Its goal was to grow a new reverse product line amid a profit-pinched market along with providing its broker partners with easy-to-use technology tools that help them quickly and efficiently originate and manage reverse mortgage deals.

Trust Lending engaged with ReverseVision as part of a long-term strategy to grow its wholesale business by adding a new revenue stream as the re-fi boom winds down. The mortgage lender is leveraging RVX to provide elevated service to senior borrowers, tech tools for brokers, and service a significantly underserved market. Trust Lending says that its model is simple: combine a hands-on, white glove service treatment for brokers coupled with offering comprehensive technology automation to make their broker partners as successful as possible.

"Trust Lending established the foundation of our business based on trust and excellence in service-not only for our borrower customers but also for our highly valued broker network," stated Cesar Robledo, reverse mortgage manager at Trust Lending. "ReverseVision's technology platform helped Trust Lending expand operations into the reverse mortgage business, and it gives our employees and brokers the functionality they need to efficiently originate, manage, process and close reverse loans with ease. ReverseVision's LOS has become the technology backbone of our reverse mortgage operations and we are excited about our newfound ability to scale this side of the business."

Trust Lending lauded ReverseVision's client services team for their rapid implementation of the system, efficient client onboarding process, and detailed training on the solution's features. The lender says it was up and running with full ability to handle reverse loans in under 60 days. In addition, broker set up and training was a snap, according to the company. Notable is that Trust Lending offers use of RVX to its broker network for free, but if they would like to instead simply call the loan in, Trust Lending's service model handles the technology aspect for brokers, if they prefer, thus making it as easy as possible to do reverse loans with Trust Lending.

"It's refreshing to see a tech-savvy independent mortgage banker like Trust Lending implement technology to help their brokers penetrate the reverse market," stated Joe Langner, president and CEO of ReverseVision. "There is a tremendous amount of opportunity for forward lenders to easily get into reverse mortgages and capitalize on an untapped market. Not only does it add a healthy revenue stream to the topline, but it also helps our seniors get the best loan product for their specific retirement situation. It's a win-win."

Trust Lending expects ReverseVision's LOS to be instrumental throughout 2022 in helping the company service more brokers, quickly grow its wholesale business, speed up turn times, further build its reputation for heightened service levels and ease of doing business, and add a highly profitable revenue source in reverse products.

About ReverseVision:

Since 2007, ReverseVision (RV) has been the leading reverse mortgage technology provider, serving 50 of the top reverse mortgage lenders, 100 percent of reverse investors, and more than 10,000 daily users. RV's award-winning technology now offers new APIs (Reverse-as-a-Service) that opens the total addressable market, creating new technology synergies that allows forward and reverse mortgages to coexist in the lender's core systems, helping break down adoption barriers so that mortgage bankers can serve their borrowers for life. ReverseVision's core platform, ReverseVision Exchange (RVX), is

comprehensive and proven to automate the entire reverse lending process from origination through secondary marketing. The company's technology is being successfully leveraged as a springboard that helps lenders get into the reverse space easily and efficiently.

For more information, visit https://www.reversevision.com/.

About Trust Lending:

Based in Doral, Fla., Trust Lending has been originating mortgage loans for more than 15 years and in the process has built a strong reputation as an outstanding mortgage lender serving the home financing needs of real estate professionals, builders and individual home buyers. Trust Lending provides personal, customized solutions to match the specific, yet ever-changing portfolio strategies of its clients. This is accomplished through leveraging our long-standing experience and providing superior results while maintaining a strict adherence to all industry best practices, rules and regulations. The company is focused on creating superior value for its clients through continued capital investment and platform expansion, hiring of experienced people, building effective processes and continued investment in technology.

For more information, visit https://trustlending.net/.

RELATED LINK:

https://www.reversevision.com/rvx/

ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that Trust Lending, a national mortgage banker, has gone live with ReverseVision's Exchange (RVX) platform for its wholesale lending channel. The platform helped Trust Lending springboard its wholesale channel into easily and expeditiously originating loans for reverse mortgage products.

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

DocMagic Officially Launches eDecision™, Fully Automating and Perfecting Digital Closing Eligibility

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced the rollout of eDecision™, a robust solution that significantly expands the level of analysis applied to e-eligibility determination for eClosings. The result is a clear-cut, highly accurate decision that tells users precisely how far they can take a digital closing based on the unique attributes of the loan transaction-all the way down to county-level eRecording acceptance.

eDecision is powered by DocMagic's sophisticated audit engine, which begins the decisioning process as soon as the first set of disclosures are generated-starting as early as the point-of-sale-and continuing with e-eligibility checks throughout the entire loan process. The solution accesses and compiles first-party data, leveraging an immense amount of information to improve the digital closing process.

"Our goal in developing eDecision was straightforward: to help clients execute flawless eClosings and bring a new level of automation to the overall process by providing lenders with an immediate determination of how 'e' they can be," said Dominic Iannitti, president and CEO of DocMagic. "Simply put, eDecision equates to eSuccess for all parties involved in the closing process."

The eDecision solution does not force users to leave DocMagic's platform and visit another website, use a third-party application, or access an ancillary database. Everything eDecision offers is available within DocMagic's core process and is provided as an integral component of the eClosing workflow, ensuring a seamless and efficient eClosing process each and every time.

eDecision's core capabilities:

* eClosing selection - eDecision automatically determines how "e" lenders can be with DocMagic's Total eClose solution, which offers four distinct types of compliant eClosings. From the moment the first document package is generated, the highest level of hybrid available or a fully-paperless eClosing is instantly identified.

* eNote certification - eDecision automatically confirms whether a lender is certified to originate eNotes, is registered with MERS, and has completed their MERS end-to-end testing.

* eRecording readiness - eDecision automatically validates whether the local recording jurisdiction is able to accept an electronically executed security instrument.

* Knowledge-based authentication (KBA) - eDecision automatically confirms whether KBA is required in the closing state where it occurs.

* eNotary acceptance - eDecision automatically identifies which type of notarization is accepted within the jurisdiction: remote online notarization (RON), in-person electronic notarization (IPEN), or traditional in-person notarization.

* Investor acceptance - eDecision will also soon provide a determination whether an investor will purchase an electronically closed loan, saving time for secondary marketing departments.

All analysis and results from eDecision are incorporated into DocMagic's Loan Detail Report (LDR), which is automatically included with all document requests and is widely accepted by most investors as proof of regulatory compliance. Furthermore, DocMagic's audit engine automates data and document validation throughout all phases of the lending process to ensure accuracy while performing continuous compliance checks to ensure strict adherence to applicable rules and regulations.

Iannitti concludes: "At DocMagic, with each innovation we engineer, we strive to eliminate manual processes and improve the overall user experience. We don't want our clients having to go elsewhere to research or rely on disparate third-party systems for what we believe should be a fully-integrated analysis that begins the moment our services are accessed for a particular loan transaction. eDecision gives lenders, settlement providers and notaries a completely integrated digital closing determination process - and the confidence they need to begin offering eClosings on a widespread scale."

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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/.

DocMagic, Inc., the premier provider of fully compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced the rollout of eDecision™, a robust solution that significantly expands the level of analysis applied to e-eligibility determination for eClosings.

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

PROGRESS in Lending Recognizes DocMagic’s Director of Product Development Michael Morford with 2021 Tech Thought Leader Award

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that Michael Morford, Director of Product Development, was selected as a 2021 Tech Thought Leader by PROGRESS in Lending Association.

PROGRESS in Lending states that the Tech Thought Leader award recognizes premier mortgage professionals who consistently introduce and drive innovative and creative ideas for today's highly unique business environment and beyond. The association says it developed the annual award to identify industry leaders who are out-of-the-box, solution-oriented technology thought leaders that are helping address industry-wide issues and challenges.

Mr. Morford has more than 23 years of industry experience; 17 of those with DocMagic. He joined the company as the Integration Services Manager where he oversaw the development of interfaces with a multitude of third-party software providers. Mr. Morford now serves as Director of Product Development and is responsible for DocMagic's portfolio of solutions and services.

"I am elated to be honored with PROGRESS in Lending's Tech Thought Leader award," said Morford. "We're always innovating at DocMagic and driving the industry to leverage leading-edge technology to gain newfound efficiencies that ultimately benefit our lender clients and their customers."

As lead coordinator for the design, development and implementation of DocMagic's web-based suite of digital lending solutions, Mr. Morford is at the forefront of innovating and enhancing software applications. He has seen the industry's drive to adopt eMortgages steadily grow over the years, and in the last five years, he has helped DocMagic develop highly effective solutions while operating in a very fast-paced, dynamic, and constantly changing mortgage market.

Mr. Morford regularly sits on industry technology-based panel sessions, serves as a thought leader in the mortgage media, and attends key conferences to share his ideas and help move the industry forward.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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/.

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that Michael Morford, Director of Product Development, was selected as a 2021 Tech Thought Leader by PROGRESS in Lending Association.

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

Mortgage Professional America Honors Lori Johnson of DocMagic with 2021 Elite Women in Mortgage Award

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that its director of client services, Lori Johnson, has received the 2021 Elite Women in Mortgage award from Mortgage Professional America (MPA).

Now in its fifth year, MPA's Elite Women award celebrates the outstanding achievements of women that work in the mortgage industry. MPA created the award to recognize the exceptional work of women whose efforts and contributions are paving the way for future generations. The award largely looks back at recent accomplishments that are having a positive effect on the mortgage industry.

"Being recognized alongside other accomplished females that are doing exceptional things for the industry is a huge honor for me," stated Johnson. "For years, the outstanding team I work with at DocMagic has been moving mountains to help lenders, settlement providers, investors, and other relevant parties automate manual workflows and remove paper from antiquated processes. I thank the judges at MPA for their research and the hard work of my entire team for making this accolade a reality."

MPA's judges were impressed with Lori's roll-up-your-sleeves leadership style that places the company and customer first, making excellence in service her primary focus. She works passionately and tirelessly to ensure that complex and precision-based eClosing and digital mortgage technology implementations are executed flawlessly, delivering a level of customer satisfaction that lenders and partners rave about.

In particular, Lori is credited with helping DocMagic's lender clients achieve a huge uptick in growth - via eClosing technology. First, the remote implementation model she oversaw was wildly successful in helping lenders clients to go live without disruption to operations during and after the pandemic.

Second, she successfully transitioned her entire team virtually overnight to a work-from-home (WFH) environment where they were able to execute tasks just as effectively as when they were at DocMagic's headquarters.

Of note is that Lori's efforts helped DocMagic land on the 2021 Inc. 5000 list, with a 67 percent three-year growth rate from 2017 to 2020. More and more lenders in the mortgage industry are now seeing the immense value of automating the closing process from start to finish. This has helped tremendously with adoption of this component of the digital mortgage workflow --- fully paperless closings.

DocMagic will close 2021 out with another banner year in sales, new client implementations, solution enhancements, seamless integrations, and more. Company officials say 2022 will be another strong year for technology innovation in the mortgage industry.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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/.

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that its director of client services, Lori Johnson, has received the 2021 Elite Women in Mortgage award from Mortgage Professional America (MPA).

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

DocMagic’s Chief Compliance Officer Wins Top 40 Under 40 Most Influential Mortgage Professionals Award

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that its chief compliance officer, Gavin T. Ales, has been honored by National Mortgage Professional (NMP) magazine with its 2021 Top 40 Under 40 award.

The annual list highlights the industry's most influential mortgage professionals under the age of 40 who are making a difference by exemplifying professionalism, perseverance, leadership, and excellence in their respective fields. According to NMP, the magazine again received numerous nominations and it was tough to arrive at the 40 honorees.

"I am flattered to be acknowledged as a person who has made industry contributions that have had a positive impact," commented Ales. "DocMagic has truly moved the needle with innovative technologies that are digitizing the lending process. What's more, adoption of our solutions is at an all-time high. I feel honored to have earned this accolade, but at the end of the day it's a team-based effort here at DocMagic that's making the real difference."

Gavin has implemented numerous complex compliance regulations into DocMagic's software applications, effectively supporting thousands of lending entities across the mortgage supply chain. He oversaw the implementation of TRID, works closely with the CFPB, the GSEs, and ensures lenders remain in compliance at all times---from the moment borrowers and originators engage at the point-of-sale all the way to underwriting, closing, secondary, and servicing. Most recently, he has been key in launching compliant eClosing solutions and eNotarization functionality.

Gavin is responsible for overseeing constant changes to many loan documents for compliance adherence. His legal and compliance department ensures that state, federal, CFPB, and investor-level compliance changes are assessed and accurately incorporated into DocMagic's software platform in a timely fashion. Gavin specializes in mortgage banking compliance; federal and state regulatory compliance; financial services law; real estate law; and consumer credit law, among other focuses. Prior to joining DocMagic, he was the Deputy Chief Compliance Officer at Prospect Mortgage.

Gavin holds a J.D. from American University, Washington College of Law and a B.B.A. with a focus in Economics and a minor in Banking and Finance as well as a B.A. in International Relations and Affairs and a minor in German from the University of Mississippi. He is a licensed attorney in the state of California and Maryland.

The complete list of 2021 Top 40 Under 40 honorees are showcased in the December issue of National Mortgage Professional magazine: https://nationalmortgageprofessional.com/news/nmps-40-under-40-2021.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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 NMP Magazine's '40 Most Influential Mortgage Professionals Under 40':

The annual list is comprised of mortgage professionals who are under the age of 40, as voted by their peers, who are accomplished individuals that carry the torch of professionalism, perseverance, leadership, excellence, and more - in their respective fields within the fast-moving mortgage industry. As with each year, NMP received many nominations, ultimately arriving at 40 official winners and identifying another 40 to watch that are mortgage professionals shaping the industry.

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that its chief compliance officer, Gavin T. Ales, has been honored by National Mortgage Professional (NMP) magazine with its 2021 Top 40 Under 40 award.

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

OpenClose Launches Mobile Assist™ Native Mobile App Platform

WEST PALM BEACH, Fla. /ScoopCloud/ -- OpenClose®, the leading fintech provider of mortgage software solutions for banks, credit unions and mortgage lenders, today announced the launch of its native mobile app platform, Mobile Assist™. Mobile Assist adds features and functionality to make originators more successful with a real-time omnichannel device platform that helps originators deliver superior service and guidance to their borrowers and referral partners in a secure, seamless and collaborative experience.

OpenClose's Mobile Assist allows originators to generate product and pricing scenarios, run AUS, lock loans, view conditions, receive real-time notifications, communicate easily and have greater visibility into all aspects of the loan manufacturing process. Originators can invite borrowers into a secure environment at any stage of the application process; upload or photo capture documentation; eSign documents; automatically verify employment, income and assets; view progression of their loan; action loan conditions; and collaborate with staff and affinity partners to efficiently complete the transaction.

For lenders, Mobile Assist extends the traditional office and will help attract top-tier sales talent and secure vital referral partners. The platform provides an environment where originators, borrowers, realtors and other affinity partners can fully function and collaborate on a native Android, iPhone or iPad device. With on-the-go connectivity to critical data and tools, you become the partner that offers originators cutting edge tools while establishing operational efficiencies and reducing the cost to manufacture loans

"OpenClose provides unburdened, secure connectivity to our digital lending ecosystem by eliminating the hardware tether associated with our competitors. With mobile devices being such an integral part of our culture today and the demand for in real-time experiences, OpenClose wanted to fundamentally shift the way people think about mortgage loan origination," said Allen Pollack, VP of Innovation at OpenClose. "Consumers demand the flexibility to engage on their time with the devices that are always by their side and have the opportunity to communicate not only with their lender, but also with all parties critical to their transaction. Originators can now embrace the culture and better service their borrowers and partners with unmatched work-from-anywhere personalized experiences."

OpenClose's Mobile Assist interacts seamlessly with its LenderAssist™ LOS, DecisionAssist™ PPE, and ConsumerAssist™ POS, providing a new level of synchronization between the lender's back-office staff, loan officers operating in the field, borrowers and affinity partners.

About OpenClose:

Founded in 1999, OpenClose is the preeminent fintech provider that developed the mortgage banking industry's first SaaS-based lending automation software platform. Today, the company has expanded to become an award-winning, comprehensive loan origination software suite that slashes the cost to manufacture loans by up to 40 percent, reduces processing and underwriting cycle times by up to 50 percent, and requires minimal support to install and manage. OpenClose is the only vendor in the industry able to offer a true end-to-end, omni-channel, 100 percent browser-based, workflow-driven platform that effectively consolidates the digital POS, LOS, PPE and BI functions via a single provider, with easy access from any browser or mobile device.

For more information, visit https://www.openclose.com/.

OpenClose®, the leading fintech provider of mortgage software solutions for banks, credit unions and mortgage lenders, today announced the launch of its native mobile app platform, Mobile Assist™. Mobile Assist adds features and functionality to make originators more successful with a real-time omnichannel device platform.

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

ReverseVision Adds Two New Hires to Support Expansion of Functional Areas and Corporate Infrastructure

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it added Eric Samuelson as vice president of finance and Andres Ochoa as systems administrator. The two positions will play key roles in optimizing internal functions and prepping the company to scale.

"The need for reverse products is poised to surge over the next five years, and as such we're putting the necessary building blocks in place now in order to grow at a healthy rate and continue servicing our clients well," said Joe Langner, president and CEO at ReverseVision. "The addition of Eric and Andres will establish financial controls and an operational infrastructure that helps us efficiently acclimate new employees and effectively onboard clients as ReverseVision manages expansion efforts."

Eric Samuelson comes to ReverseVision with a background as a vice president and corporate controller working for multiple fast-moving and dynamic organizations spanning 25 years. He is known for his innovative, out of-the-box thinking that implements sound financial and accounting processes and procedures, which help run businesses efficiently, especially during growth modes.

Andres Ochoa joins ReverseVision's IT team in the capacity of systems administrator where he will manage development of the company's internal operational technology stack. Previously, he was an IT support specialist at San Diego Country Credit Union where he assisted the organization in navigating its technology needs through the height of the pandemic during social distancing and safety concerns. Before that, he worked on Endpoint Management systems, deploying and supporting a largescale enterprise network consisting of 18,000 corporate and point-of-sale endpoints for Jack in the Box and Qdoba. Andres is adept in all areas of internal systems and IT infrastructure management, which will be important in optimizing ReverseVision's expansion.

In addition to their extensive experience and skill sets, both Eric and Andres are natural leaders who add valuable insight and guidance to their functional teams. ReverseVision will continue adding staff, resources and infrastructure as it grows, which will be announced throughout 2022.

About ReverseVision:

Since 2007, ReverseVision (RV) has been the leading reverse mortgage technology provider, serving 50 of the top reverse mortgage lenders, 100 percent of reverse investors, and more than 10,000 daily users. RV's award-winning technology now offers new APIs (Reverse-as-a-Service) that opens the total addressable market, creating new technology synergies that allows forward and reverse mortgages to coexist in the lender's core systems, helping break down adoption barriers so that mortgage bankers can serve their borrowers for life.

ReverseVision's core platform, ReverseVision Exchange (RVX), is comprehensive and proven to automate the entire reverse lending process from origination through secondary marketing. The company's technology is being successfully leveraged as a springboard that helps lenders get into the reverse space easily and efficiently.

For more information, visit https://www.reversevision.com/.

RELATED LINKS:

https://www.reversevision.com/apis-and-integrations/

https://www.reversevision.com/rvx/

ReverseVision, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it added Eric Samuelson as vice president of finance and Andres Ochoa as systems administrator. The two positions will play key roles in optimizing internal functions and prepping the company to scale.

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

ReverseVision Appoints Industry Veteran Bill Mitchell Chief Revenue Officer

SAN DIEGO, Calif. /ScoopCloud/ -- ReverseVision®, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it has hired Bill Mitchell as chief revenue officer (CRO).

In this newly created position, Mr. Mitchell will oversee ReverseVision's sales, business development and marketing efforts as the company expands its footprint in the mortgage industry. ReverseVision has been the leading reverse mortgage technology provider since its founding in 2007, now servicing 50 of the top reverse mortgage lenders in its stable of clients, 100 percent of reverse investors, and more than 10,000 daily users.

"Bill is an experienced technology focused sales and marketing professional who holds a deep understanding of the mortgage industry and what it takes to grow fintechs," said Joe Langner, president and CEO at ReverseVision. "There is an enormous amount of opportunity on the horizon for lenders to leverage our technology to augment their revenue streams as the mortgage market tightens. The entire team at ReverseVision looks forward to Bill's leadership as we expand."

Mr. Mitchell is a revenue generating and company building mortgage technology executive who has held senior and executive management positions at established software firms, emerging fintech companies and also start-ups. He has a robust background in loan origination systems (LOS), digital mortgage technologies and industry-leading software platforms. Mr. Mitchell was instrumental in building the client bases for each company he was involved with, making significant contributions to expand their businesses.

"I am excited about the opportunity to help take ReverseVision to the next level," stated Mitchell. "The mortgage market is already shifting and ReverseVision is in an ideal position to help lenders sustain their business models by adding reverse products or growing existing lines. What's more, the ongoing development of ReverseVision's new APIs significantly expands the total addressable market for its solution, creating new technology synergies that allow forward and reverse mortgages to coexist within the lender's core LOS and POS, which helps alleviate adoption barriers."

About ReverseVision

Founded in 2007, ReverseVision, Inc. is the leading national Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology platform, supporting more reverse mortgage transactions than all other systems combined. The company's comprehensive product suite aligns to lenders' unique business and operational models, connecting all lending participants across the entire reverse mortgage lifecycle. A five-time HousingWire TECH100(tm) company, ReverseVision is a privately held company based in San Diego, California.

For more information, visit https://www.reversevision.com/.

ReverseVision, the leading national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology, announced that it has hired Bill Mitchell as chief revenue officer (CRO).

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

DocMagic Unveils eSign 3.0, Enhancing Remote Notary and eClosing Capabilities

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced the official launch of its eSign 3.0 platform. The enhancements to the mortgage industry's preeminent eSigning platform introduce new tools and features designed to enable lenders to easily facilitate remote online notarization (RON) for paperless eClosings.

Among eSign 3.0's new features is a secure eClose portal that enables notary and settlement service providers to easily access and update closing document packages. When documents are added by the closing agent or notary, DocMagic's AutoPrep(tm) functionality instantly prepares the uploaded documents for electronic execution.

In addition to new RON and eClosing capabilities, signer functionality has been dramatically improved with eSign 3.0. With a growing percentage of borrowers using their mobile devices to participate in the mortgage process, eSign 3.0 offers a much more intuitive - and therefore easier - experience for borrowers.

"We developed eSign 3.0 by making the borrower experience our primary focus," said Dominic Iannitti, president and CEO of DocMagic. "The workflow takes both the user's physical and emotional experiences into account. We paid close attention to the way users physically handle their phones as well as their emotional responses to technology. The result is a far more statisfying borrower experience."

Other benefits of the updated platform include built-in knowledge-based authentication and identity validation; a redesigned workflow to give borrowers additional time to read and review documents in a single, centralized view; an accelerated signing phase where intuitive tools track progress at every stage; and full oversight until all documents are executed. The platform's integrated progress-tracking tools can be used on a computer or mobile device to keep borrowers aware of their progress every step of the way.

"It all starts with a robust API," said Iannitti. "eSign 3.0 is powered by a comprehensive suite of web services designed specifically for seamless integrations. The end result is that eSign 3.0 makes borrowers feel more connected and informed, so they're confident about working with their lender and walk away having enjoyed a more positive and memorable engagement."

The eSign 3.0 platform leverages the company's suite of eMortgage solutions, including components of its end-to-end Total eClose(tm) platform, dynamic document and MISMO Category 1 SMART Doc(r) eNote generation, automatic eNote registration with MERS(r), and secure storage within its certified eVault.

eSign 3.0 also incorporates DocMagic's AutoPrep(tm) technology to instantly identify signatures, initials and notary regions on documents added to the closing package by settlement and title agents, and automatically applies the essential e-tag information required to facilitate electronic execution. This eliminates the labor intensive and error-prone process of manually preparing documents for electronic execution.

The company will be showing demonstrations of its solution suite at the MBA Annual Convention and Expo in San Diego from Oct. 17 - 19, booth 314.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. 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/.

RELATED LINKS:

https://www.docmagic.com/esignatures

https://www.docmagic.com/evault

DocMagic, Inc., the premier provider of fully compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced the official launch of its eSign 3.0 platform. The enhancements to the mortgage industry's preeminent eSigning platform introduce new tools and features designed to enable lenders to easily facilitate remote online notarization (RON) for paperless eClosings.

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

DocMagic Named to Inc. 5000 List of Fastest-Growing Private Companies

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has been named to the 2021 Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in the country.

The Inc. 5000 ranks companies by overall revenue growth over a three-year period. Over the past three years, DocMagic achieved a growth rate of 67 percent, due in large part to dramatic increases in adoption of the company's award-winning Total eClose(tm) solution among mortgage lenders.

In the last 18 months, as mortgage lenders faced unprecedented challenges brought on by the pandemic, they increasingly turned to DocMagic's digital mortgage advisory services, remote implementation model, and strategic approach to automating new workflows. DocMagic's extensive subject matter expertise combined with its single-source Total eClose platform has helped numerous lenders successfully meet the many demands of a rapidly changing, high volume market.

"DocMagic has been a market leader for years, so lenders naturally turn to us first when they want to elevate their processes or need to adapt to new circumstances, and that's exactly what's happened since the start of the pandemic," said Dominic Iannitti, president and CEO of DocMagic. "We're proud of our market strength, which is demonstrated in our three-year growth rate."

An industry pioneer of eMortgage solutions and services, DocMagic launched the industry's first end-to-end eClosing solution in 2014, which included complete automation of the process along with dynamic docs with embedded eSignature capability, data integrity, SMART Doc(r) eNote generation, continuous compliance, and eNotary technology - all from within its single-source platform.

DocMagic has also been recognized for having the highest customer satisfaction levels and greatest adoption of its eClosing solution, as ranked by multiple independent third-party mortgage technology studies.

"We're honored to be named to the 2021 Inc. 5000 list among so many innovative and accomplished companies," said Iannitti. "Early on, we invested heavily in R&D to engineer the right blend of digital mortgage and eClosing technologies. DocMagic's ongoing growth reflects the diligent work and unwavering efforts of our entire company."

"The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled," says Scott Omelianuk, editor-in-chief of Inc. "Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we've lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people."

The Inc. 5000 list represents a unique look at the most successful companies within the U.S. economy's most dynamic segment, independent small businesses. Intuit, Dell, LinkedIn, Zillow, Zappos, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

Inc. Methodology

Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent - not subsidiaries or divisions of other companies - as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year's Inc. 5000. Companies on the Inc. 5000 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and ensure data integrity to execute precision-based digital lending transactions. DocMagic'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/.

Social: @DocMagic #eClosingLeader #TotaleClose #eMortgageServices #DigitalMortgageFintech #2021Inc5000List

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

DocMagic, Inc., the premier provider of fully compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has been named to the 2021 Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in the country.

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

DocMagic Promotes Chris Lewis to Director of Enterprise Solutions

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has promoted Chris Lewis to Director of Enterprise Solutions. The new title reflects the elevated role he has proactively taken at the company in increasing revenue, forging strategic partnerships, and making inroads with large entities and marquee accounts.

"Since joining the DocMagic family in 2016, Chris has done an outstanding job helping clients go "e" and ultimately achieve 100 percent paperless eClosings," stated Dominic Iannitti, President and CEO of DocMagic. "Chris has become one of the mortgage industry's best subject matter experts on eClosings, digital mortgage workflow automation, and supporting solutions. This promotion is well-deserved, and we look forward to supporting his continued success."

In the Director of Enterprise Solutions role, Chris provides highly consultative, analytical, and solution-crafting insight for DocMagic's enterprise accounts to strategically implement its comprehensive Total eClose™ platform, eNotes, and eVaults, among other technologies. He collaborates with top-tier organizations to arrive at approaches to digital mortgage automation that align with their specific business models and long-term goals.

Chris has a rich background in the mortgage industry spanning more than 25 years working for prominent banks, mega lenders, servicers, technology providers, and other key entities in the supply chain. He started his career at Fidelity National Financial (FNF) and held a variety of roles in title insurance, eventually becoming COO over a large nationwide title operation and later migrating to the position of Chief Data Administrator.

In addition, Chris held key roles at several spin-off companies that includes Fidelity Information Services, Loan Portfolio Services, and Black Knight. Prior to joining DocMagic, Chris was Executive Director at JP Morgan Chase where he helped implement new processes and technologies for its Loan Administration Division.

"I am passionate about delivering on the promise of eClosings and digital mortgage workflows and excited about the success our clients are realizing with Total eClose," said Lewis. "At DocMagic, we take a business advisory approach to eClosings, guiding clients to hone their processes and workflows, implement quickly but strategically, and enjoy a smooth launch of the platform. I am elated to continue helping mortgage companies realize newfound digital efficiencies."

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. 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/.

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

Social:

@DocMagic #TotaleClose #eClosingExperts #MortgageEnotes #MortgageEvault

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it has promoted Chris Lewis to Director of Enterprise Solutions. The new title reflects the elevated role he has proactively taken at the company in increasing revenue, forging strategic partnerships, and making inroads with large entities and marquee accounts.

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

ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose

TORRANCE, Calif. /ScoopCloud/ -- ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc.

The eVault technology will be integrated into ICE's mortgage closing platform, Encompass eClose, a leading-edge solution that helps to transform the way loans are electronically closed in the United States. Encompass eClose enables lenders to electronically facilitate every aspect of the eClosing workflow, from ordering documents to delivering loans to investors - and all steps in between - without ever having to leave Encompass, the industry's most recognized loan origination system.

"By creating an end-to-end solution and further automating the mortgage closing process, we're helping the industry transition to paperless closings and enabling more efficient processes for our customers," said Joe Tyrrell, President, ICE Mortgage Technology. "We acquired technology from DocMagic, who has deep experience in the mortgage space, and when this technology is integrated with our other services, Encompass eClose will enable customers to eliminate time and cost in the closing process and create better experiences for borrowers."

"ICE Mortgage Technology and DocMagic have been helping lenders implement digital mortgage processes for years," said Dominic Iannitti, president and CEO of DocMagic. "The migration towards digital mortgages is progressing quickly, and we're happy to have provided ICE with capabilities to enable fully-paperless lending workflows along with better supply chain connectivity."

Both ICE and DocMagic are committed to delivering technology to increase eClosing adoption in the mortgage industry.

ICE Mortgage Technology combines technology, data and expertise to automate the entire mortgage process from consumer engagement through loan registration. Today, more than 3,000 mortgage lenders, 45,000 agents, as well as technology partners and mortgage investors can use the powerful capabilities of ICE Mortgage Technologies solutions to drive efficiencies and profitability for their businesses.

About Intercontinental Exchange:

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks to connect people to opportunity. We provide financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. We operate exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. Our comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help our customers capitalize on opportunities and operate more efficiently. At ICE Mortgage Technology, we are transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration. Together, we transform, streamline and automate industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading "Key Information Documents (KIDS)."

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the SEC on February 4, 2021.

About DocMagic:

DocMagic, Inc. is a leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. 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/.

© 2021 Ellie Mae, Inc., doing business as ICE Mortgage Technology. All rights reserved. Encompass(r) and the ICE Mortgage Technology logo are trademarks of the entities of ICE Mortgage Technology.

*LOGO link for media (DocMagic): https://www.Send2Press.com/300dpi/21-0611s2p-docmagic-logo-300dpi.jpg

ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc.

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

AmeriSave Leveraging DocMagic Technology to Scale Operations, Elevate the Borrower Experience and Maximize Productivity

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that AmeriSave Mortgage Corporation, one of the fastest-growing privately-held mortgage lenders in the nation and a pioneer in digital origination, is utilizing its document preparation solution and Total eClose™ platform to drive digital mortgage efficiency.

AmeriSave has grown exponentially over the past several years, in part, by strategically leveraging DocMagic's technology to establish system-wide interoperability, enterprise scalability, newfound business process efficiencies, elevated customer service, and compliance adherence. DocMagic's document preparation solution, eSigning, and eClosing technology has helped AmeriSave operate smoothly throughout a volume intensive environment and enhanced the self-service borrower experience.

"DocMagic has been a wonderful partner to work with throughout the pandemic and re-fi boom, proving to be a key technology partner that has helped rapidly scale AmeriSave," said AmeriSave CIO, Magesh Sarma. "We look forward to continuing our partnership with DocMagic to establish even more efficiencies for our customers and internal teams."

DocMagic's solutions integrate tightly with AmeriSave's proprietary built loan origination system (LOS), which focuses heavily on streamlining the lending process by removing manual touch points using total workflow automation, task management, event triggers, auto calls to vendors, and more. Many of DocMagic's functions automatically occur at the appropriate time within the workflow of AmeriSave's LOS --- without any human intervention whatsoever. This has maximized employee productivity throughout the lending process, not only with DocMagic but with many of AmeriSave's vendor partners.

AmeriSave has effectively managed its growth by designing and implementing systems and processes that have been paramount to the company's continued success. DocMagic's Total eClose platform has helped AmeriSave expand during the re-fi boom and over the course of the pandemic, with simple and intuitive interfaces for borrowers.

“AmeriSave understands the importance of always ensuring that borrowers have as many options and tools as possible available at their fingertips to walk away with a good experience that ultimately creates repeat business,” stated Dominic Iannitti, president and CEO of DocMagic. “Everything we do at DocMagic places ease of use, simplification, and elegant design as a top innovation priority, which is reflected by AmeriSave’s ongoing achievements. We are elated that AmeriSave is having such immense success with our technology.”

Total eClose™ is DocMagic's single-source eClosing solution. It fully automates the closing workflow while leveraging the precision-based accuracy of its intelligent, dynamic document generation capabilities and compliance engine. DocMagic ensures that data and docs are consistent and accurate throughout the origination and closing process.

AmeriSave has been very successful as an industry leader in digital origination with simplified self-service options for borrowers to engage the loan process directly. Ease of use among DocMagic's solutions was cited by AmeriSave as a key component of the lender's self-service consumer direct lending model. Its early adoption to go digital coupled with the company's commitment to make attaining a home loan as easy as possible for borrowers has been widely recognized and lauded by borrowers. AmeriSave has consistently been ranked a leading lender in the mortgage industry for customer satisfaction, as rated by actual consumers.

Moving forward, AmeriSave has plans to also implement DocMagic's remote online notarization (RON) capability, eNotes, and eVault to establish further lending efficiencies.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. 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 AmeriSave Mortgage Corporation:

Founded in 2002, AmeriSave Mortgage Corporation is a leading mortgage lender best known for pioneering the first truly digital mortgage experience to borrowers. With six major loan centers located across the U.S., AmeriSave is a direct to consumer lender, licensed in 49 states and D.C., FNMA, FHLMC, GNMA approved. For more information, visit https://www.amerisave.com/. NMLS ID #1168

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc. for DocMagic
949-378-9685
jbowerbank@profunditymarketing.com

Social: @DocMagic @AmeriSave #TechSavvyLender #DigitalLendingPioneer #eClosingLeader #TotaleClose

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that AmeriSave Mortgage Corporation, one of the fastest-growing privately-held mortgage lenders in the nation and a pioneer in digital origination, is utilizing its document preparation solution and Total eClose™ platform to drive digital mortgage efficiency.

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

Atlantic Bay Mortgage Group® Surpasses 10,000 Paperless eClosings with DocMagic’s Total eClose™ Solution

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that Atlantic Bay Mortgage Group®, a national independent mortgage banker, has successfully processed more than 10,000 paperless eClosings. The tech-savvy lender is utilizing DocMagic's Total eClose™ platform, with eNote generation, integrated eVault technology, and compliant document production. Together, the solution set has helped catapult Atlantic Bay into an industry-leader position in eMortgage lending and complete digitization of the closing process.

In January of 2020, Atlantic Bay had executed only seven eNotes but concluded the year with more than 7,000 eNotes registered with MERS. As of May 2021, the lender surpassed 10,000 eClosings, representing more than 20 percent of all loans originated as paperless closings.

"We are very excited about the immense success we've had and continue to experience with DocMagic's Total eClose solution," stated Christina Brown, Chief Operations Officer at Atlantic Bay. "From origination through closing, warehouse lending and onto secondary marketing, we've seen a tremendous upside to producing eNotes that has benefited us as a company, our staff, and our customers."

As a result of offering a completely electronic closing to borrowers that includes remote online notarizations (RON), Atlantic Bay reports that it has experienced increased accuracy; quicker turn times; strict compliance adherence; better secondary marketing sell-side efficiencies; more warehouse line liquidity; and a straightforward, speedy, and pleasant closing experience for borrowers. Together, these benefits have produced greater profitability and reduced costs for Atlantic Bay.

"Atlantic Bay exemplifies an incredibly efficient lender that has made all the right moves to fully embrace digital lending and completely remove paper from the closing process with our Total eClose platform," stated Dominic Iannitti, president and CEO of DocMagic. "When you put the necessary pillars in place like Atlantic Bay has, it paves the way to more scalable operations with paper-free eClosings at the heart of the workflow. The benefits Atlantic Bay is enjoying are tremendous and we're excited to showcase them as a client that's perfected the eClosing process."

Brown added: "More than anything, our success has been predicated on being early adopters of RON and eNotes, helping settlement agents become comfortable with DocMagic's software, working closely with our warehouse lenders and investors to accept eNotes, and having a 'just do it' attitude toward eClosings with eNotes. All of the legwork that we performed before, and in the early days of the pandemic, helped us gain a lot of experience and were able to execute thousands of eClosings. It's now become a competitive advantage for us."

Atlantic Bay is a long-time DocMagic client and has been an early adopter of hybrid eClosings since processing its first hybrid eClose in 2018. The lender's subsequent implementation of RON technology and eNotes has taken its closing, post-closing, funding, and loan sales to the next level. Moving forward, Atlantic Bay will widen the use of RON technology and continue to work closely with settlement providers to expand its footprint in digital originations and closings.

DocMagic's Total eClose solution gives Atlantic Bay users the ability to easily access the platform directly from a seamless integration with its loan origination system (LOS). Total eClose provides an end-to-end paperless workflow that seamlessly connects every component of the closing process. It includes use of DocMagic's eDocument library with integrated eSign technology, automatic generation of a MISMO Category 1 SMART Doc® eNote, eNotary technology for all 50 states, direct MERS® eRegistry of the eNote, and secure storage in its certified eVault.

Total eClose leverages the precision-based accuracy of DocMagic's intelligent, dynamic document generation capabilities. It also integrates tightly with DocMagic's AutoPrep™ solution that e-enables any 3rd-party documents to execute eClosings.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. 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 Atlantic Bay Mortgage Group:

Founded in 1996, Atlantic Bay Mortgage Group® is a privately owned national mortgage lender headquartered in Virginia Beach, Va. The company offers conventional and other home loans and reverse mortgage services. Atlantic Bay has been recognized as a Top 100 Mortgage Company in America, Best Mortgage Company, Most Enjoyable Place to Work, and an Inc. 500 Fastest Growing Company. Through its AB Cares program, the company has donated more than $2 million to charities and participated in events that promote the passions of our customers, employees and neighbors. For more information, visit the company's website https://www.atlanticbay.com/ NMLS #72043 (https://www.nmlsconsumeraccess.org/) is an Equal Opportunity Employer. Located at 600 Lynnhaven Parkway Suite 203 Virginia Beach, VA 23452.

Media Contact:
Joe Bowerbank
Profundity Communications, Inc. for DocMagic
949-378-9685
jbowerbank@profunditymarketing.com

Social Media: @DocMagic @AtlanticBay #eClosingLeader #TotaleClose #eClosingLender #PaperlesseClosings

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that Atlantic Bay Mortgage Group®, a national independent mortgage banker, has successfully processed more than 10,000 paperless eClosings.

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

MCM Capital and its affiliate, Temple View Capital, Select Libretto from Bizzy Labs for Compliance Monitoring on Loan Files

IRVING, Texas /ScoopCloud/ -- Bizzy Labs, a regtech company that uses a big data approach to perfect mortgage loan compliance during loan boarding and throughout the life of servicing, announces that MCM Capital and its affiliate, Temple View Capital, have selected Libretto from Bizzy Labs for compliance monitoring on their entire portfolio.

Libretto, a regtech offering from Bizzy Labs, improves loan portfolio compliance by automating identification of data anomalies in loan files, enabling their timely research and remediation. Its comprehensive business rule library is curated by legal and compliance experts and can be configured by loan type. Its systematic and automated approach to loan diligence translates into fewer borrower complaints and higher loan valuations.

"We are pleased that MCM Capital and Temple View Capital have selected Libretto as its compliance monitoring engine," said Gagan Sharma, CEO of Bizzy Labs. "As they work with multiple servicers, Libretto provides a single consistent mechanism to monitor their portfolio."

"We selected Libretto for its advanced design and comprehensive business rules library," said Mike Niccolini, MCM Capital CEO. "It is ideal for monitoring quality and detecting issues that may create compliance risk."

About Bizzy Labs:

Formed in 2020, Bizzy Labs is the product of BSI Financial's decade-long program to develop a technology-based alternative to manual processes that detect loan file anomalies. A stand-alone company located in Irving, Texas, Bizzy Labs provides regtech services to loan investors, originators and servicers. Its core product, Libretto, improves loan performance and profitability by reducing errors that create compliance risk and servicing challenges. Bizzy Labs is located on the Web at http://www.bizzylabs.tech.

About MCM Capital:

MCM Capital ("MCM"), along with its affiliate, Temple View Capital, LLC ("TVC"), based in Bethesda, Maryland, is a leading residential whole loan mortgage investor, manager, advisor, and technology provider. MCM's investment thesis is centered on asset value and servicing arbitrage opportunities created by dislocations in credit markets and underperformance by traditional mortgage servicers. It is located on the Web at https://www.mcmcap.com/.

Social: #BizzyLabs #Libretto #LoanPortfolioQuality #LoanFileComplianceMonitoring #MCMcapital

Bizzy Labs, a regtech company that uses a big data approach to perfect mortgage loan compliance during loan boarding and throughout the life of servicing, announces that MCM Capital and its affiliate, Temple View Capital, have selected Libretto from Bizzy Labs for compliance monitoring on their entire portfolio.

Related link: https://www.bizzylabs.tech/

DocMagic’s Leah Sommerville Receives Inaugural NextGen Leader Award

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that Leah Sommerville, one of its digital mortgage and eClosing subject matter experts, was honored with PROGRESS in Lending Association's inaugural NextGen Leader Award.

The new award recognizes rising visionaries and thought leaders that have been in the mortgage industry for ten years or less. The winners encompass a wide range of mortgage professionals with diverse skill sets that have one commonality: helping their companies make a difference for the good of the industry. They are creative, out-of-the-box thinkers who go above and beyond what's expected, are not afraid to step forward and blaze a new trail, and constantly offer bold new ideas.

"Being named to this new list of industry professionals who are all striving to make a difference is truly an honor," said Sommerville. "At the end of the day, working for an industry-leading company like DocMagic that is constantly innovating makes it easy to get excited and passionate about introducing digital mortgage solutions to lenders. I look forward to more success with DocMagic's Total eClose platform and supporting digital lending throughout 2021."

Notable is that in 2020, DocMagic achieved 128 percent year-over-year growth and executed the most eClosings in company history, tallying a 724 percent increase in transactions via its Total eClose™ platform.

Leah has been a member of DocMagic's eClosing team for several years, placing an emphasis on working with lending entities to help form their digital mortgage and eClosing strategies. She has dedicated herself to the furtherance and promotion of DocMagic's innovative digital mortgage solutions and has successfully leveraged her industry knowledge, relationships, and unwavering drive to help implement best practices and adoption of eClosing workflows and solutions - all in an effort to improve mortgage processes that benefit key stakeholders within the supply chain.

In a short period of time, Leah has developed into a respected thought leader in the digital mortgage transformation movement, specifically with eClosings, eNotarizations, eNotes, eVaults, eRegistry, investor eDelivery, and compliance adherence.

Leah utilizes her eClosing expertise to implement best practices and adoption techniques for lender eClosings. She helps provide lenders with the flexibility needed to be successful in a fast-moving mortgage market for both the short and long term.

DocMagic's Total eClose™ platform is an award-winning, end-to-end solution that seamlessly integrates every component of the closing process and enables a fully paperless workflow. The single-source solution can be leveraged by lenders in a modular fashion that grows with lenders' businesses as they advance digitizing their mortgage operations.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. 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 www.docmagic.com.

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

Social: @DocMagic #TotaleClose #eClosingLeader #NextGenLeader

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that Leah Sommerville, one of its digital mortgage and eClosing subject matter experts, was honored with PROGRESS in Lending Association's inaugural NextGen Leader Award.

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

DocMagic and Secure Insight Form Partnership, Creating a National Database of Certified Remote Online Notarization Providers

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance and comprehensive eMortgage services, and Secure Insight, Inc., the leading risk reporting firm for data intelligence on mortgage settlement agents, jointly announced the offering of a centralized training program on remote online notarization (RON) technology and processes. The program establishes a trusted database of notaries that have been fully trained and certified on DocMagic's industry-leading Total eClose(tm) platform.

Lenders have a growing need to tap well-qualified eNotarization professionals to work with and ensure deals close smoothly and on time. This new certification program reaches the greatest number of notaries with a working knowledge of DocMagic's Total eClose solution and is poised to significantly move the adoption needle.

"Ultimately, this partnership creates a better RON process for lenders and borrowers alike, benefiting all users involved in the eClosing process," says Dominic Iannitti, president and CEO of DocMagic. "Lenders are operating at maximum capacity right now with an influx of mortgage applications that they must ultimately close on as efficiently as possible amid heavy loan volume. Our new certification process will ensure lenders that RON eClosings will be handled quickly and efficiently by a ready supply of proficient eNotaries."

Secure Insight has an extensive national database of notaries that can now be easily accessed to locate notarial agents qualified to complete seamless, compliant eClosings using RON technology. By joining forces, DocMagic offers the technology and Secure Insight provides a unique database and individual training for notaries.

"One of the primary challenges in facilitating RON transactions is that lenders are hesitant to entrust the closing process with a notary that may be ill-equipped to effectively perform an eClose transaction," says Andrew Liput, CEO at Secure Insight. "Teaming with DocMagic allows us to identify properly licensed, experienced and trained professionals whom lenders will feel comfortable leveraging to perform the specialized functions surrounding these unique transactions."

DocMagic's Total eClose solution is an award-winning platform that has also been ranked by independent third-party studies as the leading eClosing technology in the mortgage industry. Secure Insight boasts one of the largest databases of closing professionals in the country and now adds a widespread stable of knowledgeable eNotaries, creating a powerful educational foundation that boosts digital mortgage lending competence.

About DocMagic:

DocMagic, Inc. is the leading provider of fully-compliant document generation, automated regulatory compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. 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 http://www.docmagic.com/.

About Secure Insight:

Secure Insight was the first company to offer a standardized risk management process and information database of fully risk-assessed mortgage closing professionals that protects consumers and lenders, reducing fraud and ensuring that federal regulatory requirements are met. Secure Insight monitors tens of thousands of attorneys, title agents escrow officers and notaries nationwide through proprietary SaaS technology and the mortgage industry's only National Settlement Agent Database. This database is accessed daily as a fraud prevention tool by state and federal banks, mortgage lenders and credit unions throughout the United States. Secure Insight was named one of the Top 50 companies to watch in the Fintech space for 2021 by the Silicon Review, and in 2020 was named one of the Top Financial Security Providers by CFO Technology Magazine. For more information about Secure Insight please visit www.secureinsight.com.

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance and comprehensive eMortgage services, and Secure Insight, Inc., the leading risk reporting firm for data intelligence on mortgage settlement agents, jointly announced the offering of a centralized training program on remote online notarization (RON) technology and processes.

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

HousingWire Honors DocMagic with Tech 100 Mortgage Award for the Eighth Year in a Row

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it again earned a spot on HousingWire's 2021 Tech 100 list, recognizing the most innovative and impactful technology companies in the mortgage industry. DocMagic has made the list each year since HousingWire began the award in 2014.

HousingWire states that the 2021 Tech100 Mortgage winners are helping revolutionize the mortgage process - from origination to closing, and servicing to secondary markets. They are advanced, forward-thinking companies that play key roles in assisting mortgage entities to deliver outsized growth driven by innovation and impact.

DocMagic had a record year in 2020, achieving 128 percent year-over-year growth and performing the most eClosing transactions in its history. The company's award-winning Total eClose(tm) platform along with its document generation and automated compliance solutions helped lenders successfully operate in an unprecedented high-volume lending landscape. In addition, widespread social distancing and safety concerns resulting from the pandemic drove a spike in demand for DocMagic's robust eClosing solution suite. After working with hundreds of lending institutions to implement eClosing strategies and solutions, the company concluded 2020 with a 724 percent increase in eClosings.

"Earning HousingWire's Tech 100 award for the eighth straight year is a testament to the incredibly dedicated team we have here at DocMagic and the passion they hold for continuous innovation," said Dominic Iannitti, president and CEO of DocMagic. "We are elated to receive this award from HousingWire for digitizing key areas of the mortgage process and creating a superior experience across the supply chain."

The company's intelligent document generation technology is at the core of providing critical data that its other solutions leverage - from paperless eClosings, eSignings, remote online notarizations (RON), eNote generation, and secure eVault technology to third-party systems %that access DocMagic's data for compliant digital transactions. DocMagic's technology empowers lenders to work where they want and how they want by utilizing a comprehensive, single-solution suite designed to make the client experience as simple and intuitive as possible.

For years, DocMagic's technology has been helping its clients digitize workflows and completely remove the use of paper. This includes intelligent document generation; automated compliance; collaborative closing solutions; sophisticated eClose and eVault technology; SmartDOC eNote generation; e-enablement of third-party documents; and extension of mobile applications that enhance the borrower experience. These solutions positively impact back-office users, compliance staff, originators, real estate agents, notaries, borrowers, and other relevant parties.

"After the uncertainty and unpredictability of last year, we expected a greater adoption of technology. However, these 100 real estate and mortgage companies took digital disruption to a whole new level and propelled a complete digital revolution, leaving a digital legacy that will impact borrowers, clients and companies for years to come," said Brena Nath, HousingWire's HW+ Managing Editor. "Knowing what these companies were able to navigate and overcome, we're excited to announce this year's list of the most innovative technology companies serving the mortgage and real estate industries."

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. 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 www.docmagic.com.

About HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to Move Markets Forward. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance, and comprehensive eMortgage services, announced that it again earned a spot on HousingWire's 2021 Tech 100 list, recognizing the most innovative and impactful technology companies in the mortgage industry.

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

DocMagic’s Leah Sommerville Named to NMP’s 2020 Top 40 Under 40 Most Influential Mortgage Professionals List

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that Leah Sommerville, 33, a senior account executive on DocMagic's eClosing team, earned a spot on this year's Top 40 Under 40 award list provided by National Mortgage Professional (NMP) magazine.

The annual list comprises mortgage professionals who are under the age of 40 and are accomplished individuals that exemplify professionalism, perseverance, leadership, and excellence in their respective fields within the fast-moving mortgage industry. NMP received many nominations vying to be named one of the 40 honorees.

"I'm excited to be recognized by the judges at NMP as one of the 40 Most Influential Mortgage Professionals for 2020," said Sommerville. "This year presented multiple unique challenges with the start of the pandemic, social distancing requirements, stay-at-home orders, an unrelenting refi boom, new compliance rules, and more. It's also been a very gratifying year, as DocMagic was well-positioned to help our lender clients effectively manage those challenges with our document preparation solution and eClosing platform and we look forward to assisting them in 2021 as well."

Leah, an integral member of DocMagic's dedicated eClosing team, is focused on helping lender clients with their digital mortgage strategies. During the pandemic, she has been busy working with lenders that are rushing to implement DocMagic's single-source Total eClose™ platform. She utilizes her eClosing expertise, industry knowledge, and digital partner relationships to consistently implement best practices and adoption for lender eClosings-both with short and long-term technology implementations that give lenders the digital flexibility needed to be successful during the pandemic and also position them for future growth.

During her career Leah has helped drive the digital processes for over 400 organizations, increased eClosing adoption among relevant organizations by over 300%, and helped execute more than 8,000 eClosings to date. She has a highly consultative, solution-oriented approach to guide and advise lenders as they transition from a paper to digital mortgage world. Leah has forged numerous partnerships among lenders, settlement agents, attorneys, notaries, real estate agents, investors, warehouse lenders, and others in order to further digital mortgage initiatives that benefit the entire supply chain.

A full list of this years Top 40 Under 40 winners can be found in the December issue of National Mortgage Professional magazine: https://issuu.com/ambizmedia/docs/nmp_december_2020_issuu?fr=sMDJkZTIzOTExNjg.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. 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 www.docmagic.com.

About NMP Magazine's '40 Most Influential Mortgage Professionals Under 40':

The annual list is comprised of mortgage professionals who are under the age of 40, as voted by their peers, who are accomplished individuals that carry the torch of professionalism, perseverance, leadership, excellence, and more - in their respective fields within the fast-moving mortgage industry. As with each year, NMP received many nominations, ultimately arriving at 40 official winners and identifying another 40 to watch that are mortgage professionals shaping the industry.

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

Social Media: @DocMagic #Top40Under40MortgageProfessionals #LeahSommerville #eClosingLeader

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that Leah Sommerville, 33, a senior account executive on DocMagic's eClosing team, earned a spot on this year's Top 40 Under 40 award list provided by National Mortgage Professional (NMP) magazine.

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

HousingWire Honors DocMagic’s Brian D. Pannell with 2020 Tech Trendsetters Award

20-1207-Brian-D-Pannell-696x522.jpg /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that its chief eServices executive, Brian D. Pannell, has received HousingWire's 2020 Tech Trendsetters award. Now in its second year, the prestigious award recognizes the most impactful and innovative technology leaders serving the housing economy.

HousingWire's editorial board selected a total of 50 winners based on their professional success over the last 12 months, as well as their overall career accomplishments for both their companies and the industry sector they represent. Winners came from various sectors of tech within the housing economy, including residential mortgage lending, servicing, investing, construction, and real estate.

"Our Tech Trendsetters award recognizes a group of leaders who were critical to the outstanding performance of housing and real estate during this pandemic, finding innovative solutions when everything changed on a dime," said HousingWire Editor in Chief Sarah Wheeler. "We're very proud to celebrate their achievements and honor the impact they've had at such a crucial time."

Brian D. Pannell's solution-oriented approach has helped countless lending entities go "e," positioning them for long-term success and positively impacting their ability to serve their customers during the pandemic.

Brian has been key in driving facilitation, implementation, and industry adoption of multiple DocMagic solutions. One of those solutions is Total eClose(TM), DocMagic's award-winning, single-source eClosing platform that removes all paper from the closing process while leveraging the precision-based accuracy of the company's intelligent, dynamic document generation capabilities.

In addition, Brian has been hands-on in implementing DocMagic's eVault and eNote processes-not just for lenders but also for other members of the supply chain. For example, he worked on Secured Party and Master Servicer/Subservicer for the support of MERS, the Federal Home Loan Banks, Ginnie Mae, and the gap in servicing support that is seen for servicers that don't have their own eVaults.

"I am truly honored to have been named to HW's 2020 class of Tech Trendsetters," Pannell said. "This year has been one of the most challenging in my career given the influx of requests to implement many of our solutions throughout the pandemic and refi boom that is setting volume records. But seeing all the hard work pay off for DocMagic's clients and partners has been very gratifying, and receiving the Tech Trendsetters award at the end of this long year makes it all worthwhile."

In 2020, Brian also helped implement AutoPrep, a new technology that enables DocMagic's Total eClose platform to accept documents from any source by "e-enabling" them for paperless eClosings.

Brian has and continues to serve as an invaluable resource to the mortgage industry as a subject matter expert on end-to-end eMortgage automation, eSigning, eNotarization, eNotes, eVaults, eClosing, eWarehouse lending, and more. He has helped countless lenders, technology service providers, GSEs, and investors understand the immense value of going "e." He's played a key part in where digital mortgages are headed and serves as both a leader and educator to evangelize the industry-wide benefits for the many organizations he works with.

"In its second year, the 2020 Tech Trendsetters once again surpassed all expectations as the housing industry rose up to meet unprecedented challenges," HousingWire Magazine Editor Kelsey Ramírez said. "This year's Tech Trendsetters represent shapers whose innovative solutions continue to inspire the industry."

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. 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 HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to MoveMarkets Forward. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

Social Media: @DocMagic #BrianPannell #HWTechTrendsetters #eMortgageServices #TotalClose #AutoPrep

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that its chief eServices executive, Brian D. Pannell, has received HousingWire's 2020 Tech Trendsetters award.

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

Community State Bank Implements Fully Paperless eClosing Process with DocMagic’s Total eClose™ Platform

TORRANCE, Calif. /ScoopCloud/ -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Southeast Wisconsin-based Community State Bank has implemented its full suite of eClosing solutions to transform the bank's mortgage closing process, making it 100 percent digital. All seven locations of Community State Bank have now implemented DocMagic's Total eClose™ platform and are closing and funding residential home loans electronically.

Community State Bank selected DocMagic's eClose platform to completely digitize its mortgage closing process --- including remote online notarizations (RON), eNote generation and secure eVault storage capabilities. The bank partnered with DocMagic primarily to implement technology that would help ensure the highest levels of customer safety during the pandemic. Secondarily, Community State Bank sought to improve the borrower experience with an easier, quicker and more efficient lending process.

"During these times of uncertainty, it is extremely important that our team be able to adjust quickly in order to continue serving our customers safely," said Community State Bank President and CEO, Scott Huedepohl. "We're very honored to be able to provide both a high-tech experience, while still offering personalized service to guide our customers along the way."

Community State Bank is leveraging DocMagic's dynamic document generation capability to ensure the consistency and compliance of Loan Estimates (LE) and Closing Disclosures (CD), eSignatures, eNotarizations in all 50 states, and eDelivery to investors/GSEs. Total eClose also generates a MISMO Category 1 SMARTDoc(r) eNote and has direct connectivity with the MERS(r) eRegistry. The entire process includes a detailed audit trail, with secure storage in DocMagic's certified eVault. Collectively, DocMagic's Total eClose platform creates a fully paperless workflow that seamlessly integrates every component of the closing process.

"We're happy to have partnered with DocMagic to provide our mortgage customers with a completely paperless and virtual experience from start to finish," said Community State Bank Vice President of Mortgage Operations, Shakil Haider. "By utilizing DocMagic, our mortgage team can now offer customers the option of signing mortgage documents electronically, from the moment they apply through closing."

"We're excited that Community State Bank elected to implement a fully digital mortgage closing process with DocMagic as its single-source provider," said Dominic Iannitti, President and CEO at DocMagic. "Community State Bank has put their customers' needs at the forefront by implementing our automated, end-to-end lending platform. We provide our clients with an agile and technology-forward mortgage process that ensures they can sustain and scale critical business processes."

After using the new platform, Community State Bank mortgage customer Gary Strand, remarked: "This was our first time closing a mortgage with Community State Bank. Our experience was very simple from start to finish. Having the option to close our loan online shows they are willing to accommodate their customers' needs and busy schedules while also keeping safety in mind during the pandemic."

About DocMagic:

DocMagic, Inc. is the leading provider of fully-compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company's solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. 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 Community State Bank:

Community State Bank, a $500 million locally owned and operated community bank, is headquartered in Union Grove, WI and has proudly served the communities of Southeastern Wisconsin since 1898. For more information please visit CSB online at https://csb.bank/.

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

Social Media:
DocMagic Twitter: @DocMagic
CSB Twitter: @CSBTweets
Hashtags: #TotalClose #PaperlessMortgageClosing #LeadingeCloseSolution #DigitalLending #TechSavvyBank

DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Southeast Wisconsin-based Community State Bank has implemented its full suite of eClosing solutions to transform the bank's mortgage closing process, making it 100 percent digital.

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