DocMagic Inc. has announced that its eSign platforms have now processed more than 100 million mortgage-related eSignature transactions.
“We are very pleased with the sheer number of eSignatures that we are seeing executed among our client base,” said Dominic Iannitti, president and CEO of DocMagic. “This is positive news for the mortgage industry as a whole. In previous years, eSign adoption was much lower among lenders working with borrowers. We have always encouraged clients to take advantage of our eSigning technology; this impressive number of transactions certainly reflects that.”
DocMagic is a leader in the mortgage industry for eSign technologies. The company has a long-standing reputation for developing innovative eSign solutions that integrate seamlessly with mortgage workflows.
DocMagic has two eSign solutions for clients to take advantage of: eSignSystems’ SmartSAFE XL eSigning, eDelivery and eVaulting platform was added to the DocMagic family in 2014. DocMagic’s eSign platform is a separate SaaS-based solution that features the company’s proprietary ClickSign technology. SmartSAFE XL is ideal for companies that require more flexibility, extendibility and control over eSigning processes.
In 2011, in an effort to encourage industry-wide adoption of eSignatures, DocMagic made its eSign technology available to anyone to sign any type of document at no charge. Documents executed using DocMagic’s eSign technology are as legally effective, valid and enforceable as documents printed and signed in ink.