DocMagic Enters Into Compliance Partnership With Blueberry Systems – NMP Skip to main content

DocMagic Enters Into Compliance Partnership With Blueberry Systems

Oct 26, 2012

Blueberry Systems LLC has announced that its Relay loan origination software (LOS) now seamlessly integrates with DocMagic Inc.’s document preparation and compliance technology, and features more capabilities including eSignature and eDelivery. Lending institutions can now maintain both origination and regulatory guidelines without ever leaving Relay. The integration adds complete document and eDelivery compliance within Relay’s workflow, keeping all loan data in one system and eliminating redundant data entry. In addition, originators using Relay now have access to eSignature and eDelivery capabilities from DocMagic to further streamline the document process and ensure compliance. Using the latest technology, originators benefit from the fastest and most efficient system for immediate eDelivery of fully compliant mortgage documents. “DocMagic has always been committed to providing superior technology and a level of customer service that far exceeds the expectations of today’s standards,” said Steve Ribultan, director of business development for DocMagic Inc. “By seamlessly integrating our system with Blueberry Solutions’ cutting-edge loan origination software, we continue to deliver on that promise.” Blueberry Systems’ flagship solution, Relay, offers a complete loan origination system to lenders, featuring a universal data model to provide the most accurate loan production data in the industry. Unlike many other systems that still rely on an outdated data management model, Relay’s universal data model combines the various systems and applications involved in the production process into a single database, eliminating data silos and the need for duplicate or staggered data entry. “Expanding our capabilities with DocMagic provides our clients a completely seamless experience,” said Dominick Marchetti, EVP of Blueberry Systems. “This integration eliminates the time wasted to re-enter data and the subsequent data entry errors that inevitably occur, providing our clients more options within our best-in-class system to ensure that disclosures and documents are accurate and compliant.”
About the author
Published
Oct 26, 2012
Insuring The Risk To Lenders At Closing

Traditional protections like title insurance and closing protection letters may leave lenders exposed to significant settlement, funding, and fraud-related losses

CHLA Uses Trump Mortgage Order To Renew Push For LO Comp Reform

Community lenders want more flexibility over employee compensation, closing-cost estimates, down payment assistance, and federal supervision of smaller IMBs

Servicers Begin Testing Systems Ahead of VA Partial Claim Deadline

VA lenders and servicers have until Nov. 28 to implement the new loss mitigation waterfall and Partial Claim Program

ROAD Act’s Housing Incentive May Be Too Small To Move Supply

Realtor.com finds the median city risks losing only about $84,000, although the policy could carry more weight in supply-starved Northeast and Midwest markets

CRA Proposal Could Reshape Bank Lending And Affordable Housing Investment

The OCC and FDIC would put more weight on lending while easing community development requirements for hundreds of banks

Fannie Mae AI Governance Deadline Arrives Aug. 6

Seller/servicers using artificial intelligence in origination or servicing must have formal policies, oversight, and vendor controls in place