Obama announces economic team and Treasury extends Money Market Guarantee Program – NMP Skip to main content

Obama announces economic team and Treasury extends Money Market Guarantee Program

Nov 24, 2008

Avista Solutions creates integration with Doc MagicMortgagePress.comAvista Solutions, Doc Magic, Avista Agile, Document Systems, eDisclosure, eSign Avista Solutions, a provider of Web-based, end-to-end mortgage loan origination software, has integrated the Avista Agile loan origination system to DocMagic, a loan document solution produced by Carson, Calif.-based Document Systems Inc., one of the largest loan document production companies in the U.S. The integration to DocMagic streamlines the loan document production process for Avista Solutions customers, giving Avista customers access to DocMagic's innovative technology, including its eDisclosure and eSign features, as well as DocMagics' renowned customer service. DocMagics interface with Avista's Agile LOS is a 100 percent seamless and direct interface, the best the industry has to offer. "Companies like ours often get requests from customers to integrate to others, and DocMagic has been one of the most requested integrations," said Avista Solutions CEO Mark Phlieger. "We are pleased to fulfill our customers requests." Avista users can leverage DocMagic's eDisclosure feature, which allows lenders to deliver and get receipt confirmations of disclosure documents via e-mail. DocMagic monitors the entire eDisclosure process, notifying lenders when borrowers view their documents and mailing printed copies of the documents to borrowers if they fail to view them electronically within 48 hours. This electronic option saves lenders the time and money required to mail disclosure packages to each new loan applicant. "At a time when the industry is struggling to be in compliance with up-front disclosures, DocMagic can lend invaluable support," says Patrick Harkins, sales manager at DocMagic. "In fact, one of the biggest tasks in 2009 will entail tackling compliance. DocMagic helps companies stay in compliance with no forms management, and offers free training and support, complimentary high cost analysis, an eSign feature, and the ability to do everything paperless." Harkins added that Avista's well-respected place in the mortgage technology industry and its technological compatibility with DocMagic makes the partnership a great fit for DocMagic. "Everyone we work with says Avista Solutions does a great job," he said. "Avista offers an excellent product at a reasonable price, and it has the integration support that we require. The partnership is a positive alliance for both of us." For more information, visit www.AvistaSolutions.com or www.docmagic.com.
About the author
Published
Nov 24, 2008
Congress Weighs New Roadmap To End Fannie, Freddie Conservatorship

Rep. Scott Fitzgerald's three-bill housing package would establish a statutory framework for releasing the GSEs while expanding construction lending and easing some TRID compliance requirements

CHLA Backs Bank Capital Proposal, Questions Impact On Mortgage Lending

Trade group supports lower mortgage risk weights but says broader market forces — not capital rules — drove banks' retreat from the market

Senate Passes 21st Century ROAD To Housing Act In 85-5 Vote

Sweeping housing package heads back to House after Senate clears final version with broad bipartisan support

MISMO Updates Business Glossary To Support AI, eMortgages

New definitions covering eHELOCs, remote online notarization, valuation modernization, and compliance initiatives aim to improve consistency

Underwriters Don’t Slow Down Loans. They Eliminate Uncertainty.

ndustry’s biggest bottleneck is not underwriting itself — it is the uncertainty that reaches underwriting too late in the process. When validation happens upstream, speed follows naturally.

MISMO Launches AI Governance Framework For Mortgage Lenders

New FRAME toolkit gives lenders, servicers, and technology providers a roadmap for managing AI risk while supporting innovation