Technology

Working with regulators, federal agencies, state and local governments, code officials, clients, and other parties requires continued vigilance and understanding of specific, unique requirements. When a change is made at any of those entities, it manifests itself into the specific actions of field services companies’ inspector and contractor networks.

Recently, DocMagic, Inc., reported a 42 percent increase in volume for 2016. The company credits its growth to the mortgage industry’s demand for products that enable TRID compliance, eSignatures and eClosings. This is the second consecutive year that DocMagic’s volume has increased by roughly 40 percent.

According to Mortgage Cadence, this new release of Mortgage Cadence’s cloud-based technology should provide a superior experience for borrowers and a more-efficient, cost effective process for lenders.

While traditional LOS-provided document management implementation have placed the burden of creating and managing electronic loan delivery profiles on the lender, VirPack's preconfigured implementation technology removes that problem.

Altavera joins a network fewer than a dozen organizations that are included in S&P’s list of reviewed third-party due diligence firms that have met the necessary criteria.

The Digital Close technology will provide built-in eSign and eNotarization capabilities, which allows borrowers to sign and notaries to verify and stamp documents digitally.

For the fifth year in a row, Paragon, Black Knight’s MLS software, ranked at the top in the Clareity MLS Customer Satisfaction Survey.

Experian and Finicity, a cloud-based financial data aggregation provider, announced Monday a collaboration that will digitize the mortgage lending process and bring some of the “credit invisible” into view for lenders.

The CoreLogic SafeRent screening solution will now integrate into leasing workflows supported by ResMan’s Client Services, including initial implementation and ongoing customer support.

The Office of the Comptroller of the Currency released a draft supplement on Wednesday which adds additional info to the existing Licensing Manual.