Business, Free News Articles, Software

ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose

TORRANCE, Calif. -- 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

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

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Business, Free News Articles, Software

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

TORRANCE, Calif. -- 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

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

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Alliances and Partnerships, Business, Free News Articles, Software

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

TORRANCE, Calif. -- 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

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

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Business, Free News Articles

DocMagic to Give Away its Popular Bunny Slippers to Donors at Upcoming Los Angeles-Area Blood Drive

TORRANCE, Calif. -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, automated regulatory compliance and comprehensive eMortgage services, announced that it will be offering its signature pink bunny slippers to each person that donates blood at an upcoming mobile blood drive on Sunday, May 16, in downtown Los Angeles.

The blood drive is being held by non-profit organization Golden Heart LA in conjunction with Children's Hospital Los Angeles (CHLA) to help patients. A single pint of blood can save up to two patients' lives, according to the hospital.

Every month, CHLA patients need approximately 2,000 units of blood and blood components as part of the life-saving care provided at the hospital. To provide these units to patients, CHLA collects blood from approximately 800 blood donors per month. Nearly 90 percent of the blood transfused at the hospital comes directly from its donor center. CHLA says that in order to cover patient use, it requires continued blood donations to sustain the needs of patients.

EVENT DETAILS:

* What: Mobile blood drive

* When: Sunday, May 16, 2021 from 9:00 a.m. to 3:00 p.m. PDT

* Where: Onsite Bus - 530 Ramirez Street; Los Angeles, Calif. 90012 (Denny's Parking Lot)

Golden Heart LA is dedicated to helping children who suffer from life-threatening diseases, disabilities, and illnesses. The organization regularly works with CHLA and other entities to hold blood drives at various locations throughout Southern California.

DocMagic was founded in 1987 by Dominic Iannitti and has developed a reputation of getting involved in events that help charitable causes, especially those pertaining to children. The company's long-time mascot, named "Doc," is a novel bunny that has become a recognizable part of its brand within the mortgage industry.

Notable is that the genesis behind the bunny slippers started in 2016 when they were officially introduced at a mortgage technology convention in Los Angeles to celebrate the release of DocMagic's Total eClose™ eClosing system. Hundreds of conference attendees wore the slippers, which symbolized comfort and borrowers' newfound ability to easily close a mortgage loan electronically in the comfort of their own homes.

As a result of the pandemic, DocMagic's eClosing solution has been paramount to ensuring the safety of consumers by eliminating the need for borrowers to travel and sign loan documents in person.

DocMagic's slippers have grown in popularity over the years after being provided at the Total eClose product launch as well as other events and special occasions. Typically pink in color, the latest version of the slippers has been switched to purple to represent DocMagic's corporate branding. They are regularly given to good causes as a way of saying "thank you" to volunteers and participants.

More details about the one-day event are available on Golden Heart LA's Instagram page @GoldenHeartLA. Appointments can be made by visiting Children's Hospital Los Angeles's blood donation website https://www.chladonateblood.org/ or by calling 323-361-2441.

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 Children's Hospital Los Angeles:

Founded in 1901, Children's Hospital Los Angeles is the highest-ranked children's hospital in California and fifth in the nation on the prestigious U.S. News & World Report Honor Roll of best children's hospitals. U.S. News ranks Children's Hospital Los Angeles in all 10 specialty categories. Clinical care at the hospital is led by physicians who are faculty members of the Keck School of Medicine of USC through an affiliation dating from 1932. The hospital also operates the largest pediatric residency training program at a freestanding children's hospital in the Western United States. The Saban Research

Institute of Children's Hospital Los Angeles is home to all basic, translational, clinical and community research conducted at the hospital, allowing proven discoveries to quickly reach patients. Our mission: to create hope and build healthier futures. To learn more, follow us on Facebook, Instagram, LinkedIn, YouTube and Twitter, and visit our blog at https://www.chla.org/chla-blog.

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

Social Media: @DocMagic #ChildrensHospitalLosAngeles #GoldenHeartLA #BloodDonations #MobileBloodDrive #SaveLives

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

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Awards and Honors, Business, Free News Articles

DocMagic’s Leah Sommerville Receives Inaugural NextGen Leader Award

TORRANCE, Calif. -- 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

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

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Alliances and Partnerships, Business, Free News Articles, Software

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

TORRANCE, Calif. -- 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.

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

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Awards and Honors, Business, Free News Articles

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

TORRANCE, Calif. -- 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.

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

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Business, Free News Articles, Manufacturing

Getec Industries Achieved Record-Breaking Growth in 2020

TORRANCE, Calif. -- The COVID-19 pandemic has devastated businesses all over the country. Despite this hostile business climate, Getec Industrial's business grew by 28%. This was due to several actions taken by executive leadership this year.

Getec Industrial implemented strict policies and procedures to control the workplace from COVID-19 to protect customers, suppliers, and employees.

These measures included:
* Frequently clean and sanitize all work surfaces, equipment, and vehicles throughout the workday to reduce the virus's spread.
* Monitor all employees, vendors, and customers for visible symptoms of COVID-19 and take the temperature of all employees before starting each work shift.
* Mandating that all employees wear face shields and face masks while on the premises.
* Limit access to offices and facilities to all non-essential employees, vendors, and other visitors during the outbreak.
* Encourage all employees to follow social distancing practices to keep all workers at least six feet apart to the extent possible.
* Wipe down all boxes and shipments coming in and out of our facilities with an approved alcohol solution to limit the spread of the virus.

Because of the successful implementation of these policies and procedures, Getec reports 0 cases of COVID-19 at any of their worldwide offices.

Another major factor contributing to the company's success in 2020 is Getec's increased presence on social media. Zach Caltogirone has been promoted to the role of Social Media Director, which amplified Getec's visibility in the industry and attracted new customers. As a result, Getec landed new clients in the aerospace and networking industries.

"With all of the chaos going on in the world's economy right now, we have been blessed with our success this year," says Hart Cardozo III, COO of Getec Industries. "We attribute this success to the hard work of our entire team, who stayed focused during these difficult times. We hope to build upon this success in 2021."

ABOUT GETEC INDUSTRIAL

Getec Industrial's North America is the industry-leading, full-service provider of turnkey manufacturing. Our services include aluminum extrusion, die casting, CNC machining, metal stamping, plating, assembly, and packaging. We have a broad product line and offer solutions for nearly every thermal management and CNC machining need - from the most complicated solutions to the simplest. We take pride in providing our customers with on-time delivery of turnkey manufacturing, high-quality products that meet and exceed our customer's expectations. http://www.getecna.com

Related link: http://www.getecna.com/

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Awards and Honors, Business, Free News Articles

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

TORRANCE, Calif. -- 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

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

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Awards and Honors, Business, Free News Articles

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

20-1207-Brian-D-Pannell-696x522.jpg -- 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

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

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