DocMagic Reaches E-signing Milestone

January 25, 2018

DocMagic Inc. reached a significant milestone having processed more than 300 million mortgage-related electronic signatures.

The company reported the achievement is the result of increased adoption of several DocMagic technologies that feature its e-signing platform. Each of DocMagic’s digital platforms reports a significant increase in volume, which the company attributes to lenders’ growing need to prove a TRID-compliant, 100 percent paperless mortgage process.

“Borrower demand is driving the increase in e-signings, and lenders are choosing DocMagic to get a consistent, compliant eSigning solution that spans the original LE (Loan Estimate) to the final CD (Closing Disclosure),” said Dominic Iannitti, president and CEO of DocMagic. “Lenders know DocMagic is the go-to choice for compliance. We reached 300 million e-signatures because we have solved lenders’ number one burden for the past two years—electronic evidence of TRID compliance—while enabling them to stay competitive and enhance the overall borrower experience.”

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.