Technology

DocMagic announced in a recent press release that its eSign platforms have reached more than 100 million mortgage-related eSignatures. DocMagic provides compliant loan document preparation services, compliance, eSign, and eDelivery solutions.

International Document Services (IDS) Inc., a mortgage document preparation vendor, recently announced the internal promotion of their former EVP Mark Mackey to CEO for the company. IDS is a nationwide provider of mortgage documents and compliance. Their services include closing documents, initial disclosures, and fulfillment. The company was founded in 1986 in Salt Lake City, Utah.

ACES Risk Management (ARMCO) has hired mortgage quality control expert Phil McCall as its new COO. ARMCO provides Web-based audit technology as well as data and analytics to ...

Torrance, California based DocMagic, Inc. announced that it has completed all required TILA-RESPA Integrated Disclosure rule (TRID) software development and testing so that the company’s clients and LOS vendors can now take advantage of these enhancements and ensure they are prepared for the August 1 TRID deadline.

Appraisal management company Accurate Group announced the launch of a new interior property inspection tool—iValueNet. The Cleveland, Ohio-based company said that iValueNet is part of their ValueNet suite of appraisal tools that can be utilized by banks, credit unions, and mortgage lenders as a cost effective-alternative to other interior appraisal options on the market.

In an effort to prepare for August 1 TRID changes, Pavaso recently introduced a new program designed to help companies easily transition to digital closings called “Fast Track.” The program is intended to help lenders and title companies provide a better consumer experience for the upcoming law changes. Pavaso reports that the Digital Close solution takes only two weeks to complete.

Arch Mortgage Insurance (Arch MI), a provider of private mortgage insurance and a wholly owned subsidiary of Arch Capital Group Ltd, will host a complimentary webinar discussing the recent release of their Spring 2015 Edition of its Housing and Mortgage Market Review. The webinar will discuss the latest findings of the report, including the latest trends that influence the housing market today and a discussion of how states in the oil market could be affected by the recent drop in oil prices. Arch MI aims to help industry professionals understand what is happening in the nation’s housing market and why with their exclusive Housing Update Webinar.

Altisource announced it is launching its Residential Investor One Cooperative, which will help investors gain access to vendors and services in order to build profitable home investment portfolios. The cooperative was created to provide its members with savings and efficiencies when navigating individual residential real estate or larger home portfolios.

Inspectors have the ability to collect property condition data and corresponding photo evidence using Safeguard's Mobile Inspections Quality Control suite, which includes INSPI Mobile, INSPI QC, and MapAlert. Inspectors can submit real-time results from the field using the suite.

As the August 1 deadline for the Truth in Lending/RESPA Integrated Disclosures (TRID) nears, lenders are preparing for the multiple ways their loan operation will be impacted by the new Consumer Financial Protection Bureau requirements.