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DocMagic adds ADA-compliant loan documents to its library

Housing Wire

Digital lending solutions provider DocMagic announced this week that it has added ADA-compliant mortgage loan documents to its document library. The new digital documents are accessible to visually impaired users and others with disabilities, unlocking opportunities for these consumers into the broader mortgage market.

Design 394
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Judge sides with trade groups, halts new CRA rules

Housing Wire

A federal judge in Texas has granted a preliminary injunction to banking trade groups that seek to halt the implementation of new rules for modernizing the Community Reinvestment Act (CRA), according to court documents reviewed by HousingWire.

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Notarize offers its users digital identity proofing and authentication services for eClosings

Housing Wire

Technology has streamlined the real estate industry, but it has also left the industry confused on how to bring the myriad of regulations, documents and requirements together into a cohesive, simple and secure experience that benefits all parties involved. .

Legal 397
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Online notarizations usher in era of trusted transactions

Housing Wire

A simple, ancient practice, one that often goes unnoticed despite the critical role it plays in the lives of millions of Americans, is getting modernized. Over a billion documents are notarized each year — you probably know the drill. The seal is completed, and your document is official. We’re talking about online notarizations.

Law 435
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Opinion: More can be done to shorten the average time to close

Housing Wire

Yes, the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing. A document might be needed closer to the closing date or as soon as a few days after the start of the process. It doesn’t lend itself to a 24-hour cycle.

HOA 488
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Here’s why some lenders choose IPEN over RON

Housing Wire

Soon, we believe printing and signing hard copies of loan documents will also largely be a thing of the past. IPEN allows a signer and notary signing agent in the same location to apply the signer’s electronic signatures to digital documents. Can you imagine needing to pay for groceries using cash or checks? We can’t either.

Design 418
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Opinion: More should be done to shorten the average time to close

Housing Wire

And the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing. A document might be needed closer to the closing date or as soon as a few days after the start of the process. It doesn’t lend itself to a 24-hour cycle.

HOA 459