{"id":3672,"date":"2016-09-29T06:55:18","date_gmt":"2016-09-29T10:55:18","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=3672"},"modified":"2018-08-10T19:37:10","modified_gmt":"2018-08-10T23:37:10","slug":"corporate-settlement-solutions-implements-docmagics-total-eclose-solution","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/corporate-settlement-solutions-implements-docmagics-total-eclose-solution\/","title":{"rendered":"Corporate Settlement Solutions Implements DocMagic\u2019s Total eClose™ Solution"},"content":{"rendered":"

TORRANCE, Calif., Sept. 29, 2016 (SEND2PRESS NEWSWIRE) — DocMagic, Inc.<\/a>, the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that Corporate Settlement Solutions (CSS)<\/a>, a title and settlement services company, has successfully implemented DocMagic\u2019s Total eClose™ solution. As a result, CSS can offer a completely new customer experience, gain a competitive advantage, and remain 100 percent TRID compliant at all times.<\/p>\n

\"DocMagic
\n\u201cWe recognized early on that in order to differentiate ourselves from a crowded marketplace, it was paramount to offer elevated service to our clients,\u201d said Jerome Jelinek, CEO and general counsel at CSS. \u201cWith the addition of DocMagic\u2019s Total eClose, we offer lenders the opportunity to transform their mortgage origination process through the elimination of paper, thereby significantly reducing costs and increasing efficiencies.\u201d<\/p>\n

CSS combined DocMagic\u2019s functionality, services and integrations into a single offering to create an easy-to-use, out-of-the-box eClosing solution. DocMagic\u2019s Total eClose functionality unites eNote, eSignature, eNotary, MERS eRegistration, eDelivery, and eVault services to provide a highly-efficient, paperless end-to-end eClosing. In addition, documents that need to be notarized can be conveniently eSigned and eNotarized without leaving the comfort of their home.<\/p>\n

\u201cWe are excited that CSS is successfully leveraging our Total eClose solution to provide a completely electronic closing process for their customers,\u201d said Dominic Iannitti, president and CEO of DocMagic. \u201cAs a settlement service provider, it is impressive that CSS has taken a leading role in promoting the benefits of eClosings and as an early adopter, they will enjoy a significant advantage over their competitors.\u201d<\/p>\n

After the introduction of TRID and its increased liability for lenders and their assignees, if you originate, sell, buy or service loans, you must be able to demonstrate TRID compliance years after a loan closes.\u00a0DocMagic\u2019s system provides electronic proof and evidence of compliant transactions for future audits with a date and time stamp audit trail of everyone who has touched the transaction at any level. From the original loan application and Loan Estimate (LE) to receipt of delivery of the final Closing Disclosure (CD), data, calcs and documents are stored in an eVault to provide the ability to replicate proof of compliance.<\/p>\n

With TRID\u2019s increased compliance requirements and soon the implementation of the new Uniform Closing Dataset (UCD) requirement, the future is in fully-electronic transactions that help lenders meet strict timing requirements and provide the ability to fully recreate all compliance checks at every point in the transaction. The CFPB and industry experts agree that it\u2019s better to adopt and implement the technology and processes to make eClosings a reality now as opposed to later.<\/p>\n

Interested parties can sign up for a demo of the eClosing solution on CCS\u2019 website by clicking here: http:\/\/www.visitcss.com\/electronic-closings\/<\/a>.<\/p>\n

About DocMagic:<\/h3>\n

DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1988 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. The company\u2019s 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\/<\/a>.<\/p>\n

About CSS:<\/h3>\n

Corporate Settlement Solutions (CSS) is a dynamic, forward-thinking group of real estate settlement service professionals with a focused passion for providing a superior customer experience. The company started as a local title agency in northwest Michigan in 1992. CSS\u2019 growth fostered expansion into a regional vendor management company offering a full range of title, closing, valuation, flood, and recording products. The company offers powerful title software for accurate and efficient title and settlement transactions as well as an and-to-end eClosing solution. For more information, go to www.visitcss.com.<\/p>\n

MEDIA CONTACT: <\/strong>
\nJoe Bowerbank
\nProfundity Communications, Inc.
\n949-378-9685
\njbowerbank@profunditymarketing.com<\/p>\n","protected":false},"excerpt":{"rendered":"

TORRANCE, Calif., Sept. 29, 2016 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced that Corporate Settlement Solutions (CSS), a title and settlement services company, has successfully implemented DocMagic’s Total eClose(TM) solution. As a result, CSS can offer a completely new customer experience, gain a competitive advantage, and remain 100 percent TRID compliant at all times.<\/p>\n","protected":false},"author":4419,"featured_media":3671,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[39,38,599,12],"tags":[837,838,10202],"class_list":["post-3672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-news","category-finance-news","category-cloud-saas-news","category-torrance-news","tag-corporate-settlement-solutions","tag-loan-document-preparation","tag-profundity-pr","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":6626,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/3672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/4419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=3672"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/3672\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/3671"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=3672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=3672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=3672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}