Leah Sommerville, a senior account executive on DocMagic’s eClosing team, has been honored by PROGRESS in Lending as a 2022 Sales & Marketing Trailblazer. The award recognizes sales, marketing and public relations executives that are blazing trails in the mortgage industry.

PROGRESS in Lending states that leading salespeople are consistently adding revenue to the topline for their organizations, working tirelessly to ensure that their companies and clients are successful and in the limelight. However, they themselves don’t always get recognized. Currently in its fourth year, PROGRESS in Lending’s Trailblazer award seeks to applaud industry standouts in this field.

Leah Sommerville of DocMagic has become an integral part of its eClosing team. Over the years, she has played a role in helping lenders make the switch to digitizing their lending processes with the implementation of eClosing, eNotarization, eNote and eVault technology. She has been successful in helping lenders transform their business models with DocMagic’s suite of digital mortgage automation solutions.

“I am truly honored to be named to this all-star list of peers in my field who are doing great things for their companies on the revenue producing and awareness creation front,” stated Sommerville. “It has been an exciting time at DocMagic introducing lenders to the immense value our Total eClose™ platform delivers and I am excited to be recognized by the judges at PROGRESS in Lending.”

During the last few years, Leah has made significant inroads introducing DocMagic’s comprehensive Total eClose™ platform and ancillary solutions. She works closely with direct lenders, warehouse lenders, investors, settlement providers, notaries, and other lending entities to automate the closing process ---ultimately benefiting the entire mortgage supply chain. Leah’s efforts don’t stop with sales; she also works to create awareness, participating as a speaker on many webinars and discussion groups throughout the year to educate lenders on the value of digitizing the mortgage process.

The complete list of PROGRESS in Lending’s class of 2022 Trailblazers is showcased on its website: https://mymortgagemindset.com/the-2022-trailblazers-award-winners-are/.

Related Content:

• PROGRESS in Lending Names DocMagic’s Director of Client Services to 2022 Most Powerful Women in Fintech List (5/19/2022)

• HousingWire Names DocMagic One of the Top 100 Most Innovative Mortgage Companies for 2022 (3/9/2022)

• DocMagic’s Michael Morford recognized with 2021 Tech Thought Leader Award (12/20/2021)

TORRANCE, Calif., May 19, 2022—DocMagic, Inc., the premier provider of fully-compliant loan document generation, regulatory compliance, and comprehensive eMortgage services, announced that its director of client services, Lori Johnson, has been recognized by PROGRESS in Lending Association as a leading female technology professional in the mortgage industry.

Now in its fourth year, the Most Powerful Women in Fintech award lauds those who play a pivotal role in leading the way and reshaping how the mortgage industry thinks.

Lori Johnson has a rich background in the mortgage industry working for technology start-ups and growth focused companies. She joined DocMagic in 2014 after helping facilitate the acquisition of Document Express by DocMagic. The entire customer base was successfully migrated over to DocMagic’s dynamic document generation platform.

Today she serves as the director of client services for DocMagic. Lori has been instrumental in helping lender clients realize the benefits of digital lending automation, eClosings, eNotes, eVaults, and the importance of system-to-system interoperability as the mortgage ecosystem expands.

“Lori has and continues to serve as an invaluable asset to our customers and company,” remarked, Dominic Iannitti, president and CEO of DocMagic. “Her solution-oriented approach and hands-on style to clients embody the way DocMagic does business. We commend Lori for her ongoing industry contributions and are elated that PROGRESS in Lending recognized her successes.”

At DocMagic, Lori leads the company’s team to onboard lenders with its Total eClose platform and supporting technologies. She collaborates with lenders and third-party vendors to optimize workflows and maximize ROI. Lori is committed to innovation and perfection, always seeking the most effective way to harness technology.

“I am honored to be acknowledged by PROGRESS in Lending on this year’s list along with other women who are moving the industry and their companies forward,” stated Johnson. “There are many advances being made with digital lending technologies right now. It is exciting to see so many women playing key roles in helping expand the digital mortgage ecosystem for the good of the industry.”

Related Content:

• HousingWire Names DocMagic One of the Top 100 Most Innovative Mortgage Companies for 2022 (3/9/2022)

• DocMagic’s Michael Morford recognized with 2021 Tech Thought Leader Award (12/20/2021)

• DocMagic's Lori Johnson wins 2021 Elite Women in Mortgage Award (12/18/2021)

DocMagic earned a spot on HousingWire’s coveted 2022 Tech100 list for the ninth straight year. The publisher’s Tech100 list includes the most innovative and impactful organizations in the industry today.

“This year’s list of Tech100 honorees proves once again that innovation within housing is vital in differentiating the organizations who will thrive and those who will be left behind,” said Clayton Collins,

CEO of HW Media. “This list spotlights the innovators that are making the housing sector better and more sustainable by increasing efficiency, improving user and borrower experiences and bringing elasticity and improvements to age-old processes.”

Over the course of 2021, DocMagic launched several new solutions designed to improve the borrower experience and make back-office staff more efficient. One of those solutions was eSign 3.0, a redesigned user interface that dramatically enhances the borrower experience. eSign 3.0 also offers lenders and settlement providers new features that help them more easily initiate remote online notarizations (RON) to enable fully paperless eClosings via its Total eClose™ platform.

2021 also saw the launch of DocMagic’s eDecision™ tool, which instantly determines e-eligibility and provides the most beneficial level of eClosing that a lender can offer borrowers. The automatic decisioning process begins as soon as the first set of disclosures is generated and continues to perform e-eligibility checks throughout the process.

In addition, DocMagic recently introduced AutoPrep™, a solution that applies AI, OCR and machine learning technology to instantly e-enable third-party documents, streamlining electronic document execution within its award-winning Total eClose™ platform. AutoPrep has been gaining steady adoption since being launched in 2020.

“We’re always innovating and enhancing our solutions to maximize customer success as our digital lending ecosystem advances,” said Dominic Iannitti, president and CEO at DocMagic.

DocMagic was the first vendor in the mortgage industry to launch a fully paperless eClosing solution, complete with remote notary capability. Total eClose was officially introduced in 2014 and has since become award-winning technology with widespread industry adoption.

Related Content:

• DocMagic’s Michael Morford recognized with 2021 Tech Thought Leader Award (12/20/2021)

• DocMagic's Lori Johnson wins 2021 Elite Women in Mortgage Award (12/18/2021)

• DocMagic's Gavin T. Ales wins Top 40 Under 40 Award (12/17/2021)

DocMagic’s Director of Product Development, Michael Morford was selected as a 2021 Tech Thought Leader by PROGRESS in Lending Association.

 The association says it developed the annual award to identify industry leaders who are out-of-the-box, solution-oriented technology thought leaders that are helping to address industry-wide issues and challenges.

Morford has more than 23 years of industry experience; 17 of those with DocMagic. He joined the company as the Integration Services Manager where he oversaw the development of interfaces with a multitude of third-party software providers. Now serving as Director of Product Development, Morford is directly responsible for DocMagic’s portfolio of solutions and services.

“I am elated to be honored with PROGRESS in Lending’s Tech Thought Leader award,” said Morford. “We’re always innovating at DocMagic and driving the industry to leverage leading-edge technology to gain newfound efficiencies that ultimately benefit our lender clients and their customers.”

As lead coordinator for the design, development and implementation of DocMagic’s web-based suite of digital lending solutions, Morford is at the forefront of innovating and enhancing software applications. He has seen the industry’s drive to adopt eMortgages steadily grow over the years, and in the last five years, he has helped DocMagic develop highly effective solutions while operating in a very fast-paced, dynamic, and constantly changing mortgage market.  

Morford regularly sits on industry technology-based panel sessions, serves as a thought leader in the mortgage media, and attends key conferences to share his ideas and help move the industry forward.

DocMagic’s Director of Client Services, Lori Johnson, was recently given the 2021 Elite Women in Mortgage award from Mortgage Professional America (MPA).

Now in its fifth year, MPA created the award to recognize the exceptional work of women whose efforts and contributions are paving the way for future generations.

Johnson is credited with helping DocMagic’s lender clients achieve a huge uptick in growth – via eClosing technology. The remote implementation model she oversaw during the pandemic was wildly successful in helping lender-clients to go live without disruption to operations. Johnson accomplished this by transitioning her entire team virtually overnight to a work-from-home (WFH) environment where they were able to execute tasks just as effectively as when they were at DocMagic’s headquarters.

“Being recognized alongside other accomplished females that are doing exceptional things for the industry is a huge honor for me,” stated Johnson. “For years, the outstanding team I work with at DocMagic has been moving mountains to help lenders, settlement providers, investors, and other relevant parties automate manual workflows and remove paper from antiquated processes.”

Johnson works tirelessly to ensure that complex and precision-based eClosing and digital mortgage technology implementations are executed flawlessly, delivering a level of customer satisfaction that lenders and partners rave about.

Johnson’s efforts helped DocMagic land on the 2021 Inc. 5000 list, with a 67 percent three-year growth rate from 2017 to 2020. 2021 will be another banner year for the company in sales, new client implementations, solution enhancements, seamless integrations, and more.

DocMagic was recently honored with Mortgage Professional America (MPA) Magazine’s 5-Star Mortgage Technology Provider Award.

MPA’s editors and researchers spoke to lenders and tech specialists across the country, and also considered advancements in innovation, to determine which companies should receive the recognition.

“This may be the year mortgage tech finally breaks through in a big way,” MPA stated.

The award lauds mortgage technology firms that have excelled in their respective fields over the last year, especially with the pandemic ramping up demand for eClosings. DocMagic’s end-to-end Total eClose platform, digital mortgage solutions, eServices and document preparation products were cited as key reasons for receiving the honor.

“Mortgage technology continues to be critical because it’s how lenders differentiate themselves; it’s how they improve their processes and their bottom line,” DocMagic CEO and president Dominic Iannitti told MPA. “Technology enables them to handle a high volume of transactions effectively and not let anything fall through the cracks.”

Even before the pandemic, DocMagic established a dedicated eClosing team “to hand-hold lenders uncomfortable with crossing that chasm to a paperless environment and advising them through that process,” Iannitti said. That kind of support for clients taking on new tech “is where the industry needs to go — and we’re committed to getting it there.”

Related Content:

• DocMagic named to 2021 Inc. 5000 list of fastest-growing companies (8/26/2021)
• DocMagic's Leah Sommerville wins inaugural NextGen Leader Award (4/29/2021)
• DocMagic named to HousingWire's Tech100 list for 8th straight year (3/11/2021)

DocMagic has earned a spot on this year’s prestigious Inc. 5000 list of fastest-growing private companies in the U.S.

“DocMagic has been a market leader for years, so lenders naturally turn to us first when they want to elevate their processes or need to adapt to new circumstances, and that’s exactly what’s happened since the start of the pandemic,” said Dominic Iannitti, president and CEO of DocMagic. “We’re proud of our market strength, which is demonstrated in our three-year growth rate.”

The Inc. 5000 ranks companies by overall revenue growth over a three-year period. Over the last three years, DocMagic tallied a growth rate of 67%, due in large part to a dramatic increase in lender adoption of its single-source Total eClose solution.

“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” said Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”

In the last 18 months, as lenders faced unprecedented challenges amid the pandemic, they increasingly turned to DocMagic’s digital mortgage advisory services, remote implementation model, and strategic approach to automating new workflows. DocMagic’s subject matter expertise and Total eClose platform helped numerous lenders successfully meet the many demands of a rapidly changing, high-volume market.

“Early on, we invested heavily in R&D to engineer the right blend of digital mortgage and eClosing technologies,” Iannitti said. “DocMagic’s ongoing growth reflects the diligent work and unwavering efforts of our entire company. We’re honored to be named to the 2021 Inc. 5000 list among so many innovative and accomplished companies.”

The first Inc. 5000 list was produced in 1982. Intuit, Dell, LinkedIn, Zillow, Zappos, Microsoft and Patagonia are among the companies that first gained national exposure as honorees on the Inc. 5000.

Related Content:

• DocMagic's Leah Sommerville wins inaugural NextGen Leader Award (4/29/2021)
• DocMagic named to HousingWire's Tech100 list for 8th straight year (3/11/2021)
• Brian D. Pannell honored with HousingWire's 2020 Tech Trendsetters Award (12/4/2020)

Leah Sommerville, DocMagic’s senior account executive, has been named one of 10 winners of the NextGen Leader Award by PROGRESS in Lending Association. This award is specifically for people who have been in the industry for 10 years or less.

“We need new leaders that are not afraid to step forward and blaze a new trail. We need creativity. We need bold new ideas,” PROGRESS in Lending stated in announcing the award.

Sommerville is a member of DocMagic’s eClosing Team, where she has helped numerous lenders form their digital mortgage strategy and implement eClosings. She's no stranger to accolades — last year Sommerville was named one of National Mortgage Professional magazine’s Top 40 Under 40 Most Influential Mortgage Professionals. She's also a respected thought leader in the lending space.

“Being named to this new list of industry professionals who are all striving to make a difference is truly an honor,” she said. “At the end of the day, working for an industry-leading company like DocMagic that is constantly innovating makes it easy to get excited and passionate about introducing digital mortgage solutions to lenders.”

In 2020, DocMagic achieved 128% year-over-year growth and executed the most eClosings in company history, tallying a 724% increase in transactions via its Total eClose platform.

Sommerville has forged numerous partnerships between lenders, settlement agents, attorneys, notaries, investors, warehouse lenders and others in order to further digital mortgage initiatives that benefit the entire supply chain. She has also worked closely with leading loan origination system (LOS) vendors, settlement providers and third-party systems to facilitate automation of the entire eClose process. Her efforts have helped execute thousands of eClosings and increased eClosing adoption among relevant organizations by over 1,000%.

Related Content:

• DocMagic named to HousingWire's Tech100 list for 8th straight year (3/11/2021)
• Brian D. Pannell honored with HousingWire's 2020 Tech Trendsetters Award (12/4/2020)
• DocMagic's Lori Johnson honored with HousingWire's 2020 Insiders Award (9/3/2020)

DocMagic has been named to HousingWire’s 2021 Tech100 Mortgage list, which recognizes the mortgage industry’s most innovative and impactful companies.

HousingWire noted that this year’s winners are revolutionizing the mortgage process.

“After the uncertainty and unpredictability of last year, we expected a greater adoption of technology. However, these 100 real estate and mortgage companies took digital disruption to a whole new level and propelled a complete digital revolution, leaving a digital legacy that will impact borrowers, clients, and companies for years to come,” said Brena Nath, HousingWire’s HW+ Managing Editor.  

DocMagic had a record year in 2020, achieving 128% growth over 2019 and helping more than 130 lending institutions successfully implement eClosing strategies and solutions amid a pandemic and an unprecedentedly high-volume lending landscape. Demand spiked for DocMagic’s eClosing solutions, particularly its award-winning 100% paperless Total eClose™ platform and document preparation solution. The company concluded 2020 having performed the most eClosing transactions in its history, to the tune of a 724% increase in eClosings.

DocMagic has received the honor every year since HousingWire announced the inaugural list in 2014.

“Earning HousingWire’s Tech100 award for the eighth straight year is a testament to the incredibly dedicated team we have here at DocMagic and the passion they hold for continuous innovation,” said Dominic Iannitti, president and CEO of DocMagic. “We are elated to receive this award from HousingWire for digitizing key areas of the mortgage process and creating a superior experience across the supply chain.”

HousingWire Editor in Chief Sarah Wheeler, who has been helping to select winners since 2014, said every year the program becomes more competitive. “These companies are truly leading the way to a more innovative housing market.”

Related Content:

• Brian D. Pannell honored with HousingWire's 2020 Tech Trendsetters Award (12/4/2020)
• DocMagic's Lori Johnson honored with HousingWire's 2020 Insiders Award (9/3/2020)
• DocMagic earns a spot on the HW Tech100 for the sixth straight year (3/29/2019)

DocMagic’s Integration Services Manager, David Garrett, is set to begin a two-year term this month for the Mortgage Industry Standards Maintenance Organization (MISMO) Residential Standards Governance Committee.

Committee members weigh in on the voluntary standards that MISMO develops for the mortgage industry.

Garrett, who was elected in November, says his experience with DocMagic should help him make a strong contribution to the committee’s work.

“The technology we work with here at DocMagic is very cutting edge because we have a wide variety of partners and clients,” he said. “We also have so many different products, processes, and services that touch MISMO in some way, whether its doc gen, eNotes, eVaults, or the whole digital lending process from end to end. Very few organizations have all of those products under one umbrella. I hope that what I see here can help influence industry standards in a way that helps everybody.”

Garrett, who has been with DocMagic for over six years, helps clients integrate their current lending systems with DocMagic products such as Total eClose and document generation.

Before joining the committee, he was involved in MISMO’s Origination and eMortgage workgroups and was previously the co-chair of the Verifiable Profile SMARTDoc Development Workgroup. 

Garrett said the committee’s biggest issue will be trying to convince large swaths of the industry to adhere to a single standard.

“You have many facets of this industry using the MISMO standard in some form that it’s hard to get so many groups and organizations to adopt a single standard and stick to it,” he said. “A lot of the problem isn’t coming up with a standard but how to make it broad enough where we can get greater adoption. Everyone wants to have their own little flavor of it and that only works up to a point.”

The committee comprises 18 people, half of whom were elected at the same time as Garrett. It includes representatives from various mortgage industry sectors, including government-sponsored enterprises (GSEs), lenders, service providers, and more. Garrett won the seat for a technology vendor representative.

“We get to hear all kinds of different ways that people are solving problems,” Garrett said. “That’s what’s really nice about the meetings—you talk to your peers and your competitors and your clients and you get a broader view of the current problems the industry is facing.”

Related Content:

• The current state of eClosings: A Q&A with DocMagic's compliance chief (12/17/2020)
• DocMagic's Leah Sommerville named to NMP's Top 40 Under 40 list (12/10/2020)
• An eClosing Q&A with DocMagic's director of enterprise solutions (9/9/2020)