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DocMagic
 

September 2023 Edition

 
 
 

Adverse Action Notice Requirements when using Artificial Intelligence

On September 19, 2023, the CFPB published aLearn More

 
 
 
 

Compliance Term of the Month

API

An "application programming interface" that allows interaction programmatically between two different systems such as between an LOS and DocMagic

 
 

Form Updates

Redisclosure Packages - Form Selection Update

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DocMagic is making various updates for the selection of forms in redisclosure packages based on changes from prior disclosures to the loan’s rate type or loan type.   

 

Complimentary

DocMagic Updates to Expiration of eClosing Package

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DocMagic is making an update to the default expiration for eClosing packages.

 

Complimentary

Oregon Update to Recording Requirements

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Earlier this year, the Oregon legislature passed, and the governor signed,

Complimentary

New/Revised Documents - September 2023

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In order to keep DocMagic software users better apprised of document changes and additions as they occur, DocMagic posts listings of all newly created and revised documents.

 

Complimentary

 

Upcoming Event

Not All eClosing Platforms are the Same!

Total eClose -  A 100% paperless workflow that seamlessly integrates every component of the closing process.

 

 
 
 

System Updates

 
month_year

SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.