{"id":65814,"date":"2020-11-23T07:15:12","date_gmt":"2020-11-23T12:15:12","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=65814"},"modified":"2020-11-22T12:33:28","modified_gmt":"2020-11-22T17:33:28","slug":"community-state-bank-implements-fully-paperless-eclosing-process-with-docmagics-total-eclose-platform","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/community-state-bank-implements-fully-paperless-eclosing-process-with-docmagics-total-eclose-platform\/","title":{"rendered":"Community State Bank Implements Fully Paperless eClosing Process with DocMagic’s Total eClose™ Platform"},"content":{"rendered":"

TORRANCE, Calif., Nov. 23, 2020 (SEND2PRESS NEWSWIRE) — DocMagic, Inc.<\/a>, the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Southeast Wisconsin-based Community State Bank<\/a> has implemented its full suite of eClosing solutions to transform the bank\u2019s mortgage closing process, making it 100 percent digital. All seven locations of Community State Bank have now implemented DocMagic\u2019s Total eClose™<\/a> platform and are closing and funding residential home loans electronically.<\/p>\n

\"DocMagic<\/em><\/p>\n

Community State Bank selected DocMagic\u2019s eClose platform to completely digitize its mortgage closing process — including remote online notarizations (RON), eNote generation and secure eVault storage capabilities. The bank partnered with DocMagic primarily to implement technology that would help ensure the highest levels of customer safety during the pandemic. Secondarily, Community State Bank sought to improve the borrower experience with an easier, quicker and more efficient lending process.<\/p>\n

\u201cDuring these times of uncertainty, it is extremely important that our team be able to adjust quickly in order to continue serving our customers safely,\u201d said Community State Bank President and CEO, Scott Huedepohl. \u201cWe\u2019re very honored to be able to provide both a high-tech experience, while still offering personalized service to guide our customers along the way.\u201d<\/p>\n

Community State Bank is leveraging DocMagic\u2019s dynamic document generation capability to ensure the consistency and compliance of Loan Estimates (LE) and Closing Disclosures (CD), eSignatures, eNotarizations in all 50 states, and eDelivery to investors\/GSEs. Total eClose also generates a MISMO Category 1 SMARTDoc\u00ae eNote and has direct connectivity with the MERS\u00ae eRegistry. The entire process includes a detailed audit trail, with secure storage in DocMagic’s certified eVault. Collectively, DocMagic’s Total eClose platform creates a fully paperless workflow that seamlessly integrates every component of the closing process.<\/p>\n

\u201cWe\u2019re happy to have partnered with DocMagic to provide our mortgage customers with a completely paperless and virtual experience from start to finish,\u201d said Community State Bank Vice President of Mortgage Operations, Shakil Haider. \u201cBy utilizing DocMagic, our mortgage team can now offer customers the option of signing mortgage documents electronically, from the moment they apply through closing.\u201d<\/p>\n

\u201cWe\u2019re excited that Community State Bank elected to implement a fully digital mortgage closing process with DocMagic as its single-source provider,\u201d said Dominic Iannitti, President and CEO at DocMagic.<\/p>\n

\u201cCommunity State Bank has put their customers\u2019 needs at the forefront by implementing our automated, end-to-end lending platform. We provide our clients with an agile and technology-forward mortgage process that ensures they can sustain and scale critical business processes.\u201d<\/p>\n

After using the new platform, Community State Bank mortgage customer Gary Strand, remarked: \u201cThis was our first time closing a mortgage with Community State Bank. Our experience was very simple from start to finish. Having the option to close our loan online shows they are willing to accommodate their customers\u2019 needs and busy schedules while also keeping safety in mind during the pandemic.\u201d<\/p>\n

About DocMagic:<\/strong><\/p>\n

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.\u00a0The company\u2019s solutions connect industry participants, promote collaboration, and data integrity to execute precision-based digital lending transactions. 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 Community State Bank:<\/strong><\/p>\n

Community State Bank, a $500 million locally owned and operated community bank, is headquartered in Union Grove, WI and has proudly served the communities of Southeastern Wisconsin since 1898. For more information please visit CSB online at https:\/\/csb.bank\/<\/a>.<\/p>\n

Media Contact:<\/strong>
\nJoe Bowerbank
\nProfundity Communications, Inc.
\n949-378-9685
\njbowerbank@profunditymarketing.com<\/a><\/p>\n

Social Media:
\nDocMagic Twitter: @DocMagic
\nCSB Twitter: @CSBTweets
\nHashtags: #TotalClose #PaperlessMortgageClosing #LeadingeCloseSolution #DigitalLending #TechSavvyBank<\/p>\n","protected":false},"excerpt":{"rendered":"

TORRANCE, Calif., Nov. 23, 2020 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Southeast Wisconsin-based Community State Bank has implemented its full suite of eClosing solutions to transform the bank’s mortgage closing process, making it 100 percent digital.<\/p>\n","protected":false},"author":4419,"featured_media":65807,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[39,12804,156,1,10,38,10711,6,12],"tags":[14411,9856,10202,11022],"class_list":["post-65814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-news","category-ap","category-banking-news","category-business-news","category-california-news","category-finance-news","category-fintech","category-software-news","category-torrance-news","tag-digital-lending-platform","tag-enotary","tag-profundity-pr","tag-remote-online-notarizations","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":5273,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/65814","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=65814"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/65814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/65807"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=65814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=65814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=65814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}