DocMagic and Secure Insight Partner to Build National Database of Certified Remote Online Authentication Providers


TORRANCE, Calif. And PARSIPPANY, NJ, March 18, 2021 (SEND2PRESS NEWSWIRE) – DocMagic, Inc., the leading provider of fully compliant loan document preparation, automated regulatory compliance and comprehensive eMortgage services, and Secure Insight, Inc., the leading risk reporting firm for data intelligence on mortgage settlement agents, jointly announced the offer of a centralized training program on online remote notarization (RON) technology and processes. The program establishes a trusted database of notaries public that is entirely based on the industry leading. Have been trained and certified by DocMagic Total eClose ™ Platform.

Lenders have a growing need for well-qualified e-notarization professionals to work with and ensure deals are completed smoothly and on time. This new certification program reaches the largest number of notaries with hands-on knowledge of DocMagic’s Total eClose solution and is poised to move the adoption pin significantly.

“Ultimately, this partnership creates a better RON process for both lenders and borrowers that will benefit all users involved in the eClosing process,” said Dominic Iannitti, President and CEO of DocMagic. “Lenders are currently busy with an influx of mortgage applications that they ultimately need to complete as efficiently as possible given the high volume of loans. Our new certification process will guarantee the lenders that RON eClosings are processed quickly and efficiently by a ready-to-use supply of competent eNotaries. “

Secure Insight has an extensive national notary database that is now easily accessible to find notary representatives qualified to conduct seamless, compliant eClosings using RON technology. By joining forces, DocMagic offers the technology and Secure Insight a unique database and individual training for notaries.

“One of the biggest challenges in facilitating RON transactions is that lenders are reluctant to entrust the closing process to a notary who may be ill-equipped to effectively conduct an eClose transaction,” said Andrew Liput, CEO of Secure Insight. “Working with DocMagic enables us to identify properly licensed, experienced and trained professionals that lenders will be happy to use to perform the specialized functions surrounding these unique transactions.”

DocMagic’s Total eClose solution is an award-winning platform that has also been recognized by independent third-party studies as the leading eClosing technology in the mortgage industry. Secure Insight has one of the largest databases of graduate professionals in the country and is now adding a widespread stable of knowledgeable eNotaries, creating a powerful educational foundation that drives digital mortgage loan literacy.

About DocMagic:

DocMagic, Inc. is the leading provider of fully compliant document creation, automated regulatory compliance, electronic signature and comprehensive eMortgage solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, California, DocMagic, Inc. develops award-winning software, mobile apps, processes, and web-based systems for the production and delivery of compliant loan document packages. The company’s solutions connect industry participants, promote collaboration and data integrity to conduct precision-based digital credit transactions. The company’s compliance experts and internal legal staff consistently monitor legal and regulatory changes at the federal and state levels to ensure accuracy. For more information on DocMagic, see http://www.docmagic.com/.

About Secure Insight:

Secure Insight was the first to offer a standardized risk management process and information database of fully risk-rated mortgage deals that protects consumers and lenders, reduces fraud, and ensures federal government compliance. Secure Insight monitors tens of thousands of attorneys, fiduciaries, and notaries across the country through proprietary SaaS technology and the mortgage industry’s only National Settlement Agent Database. This database is accessed daily by state and federal banks, mortgage lenders, and credit unions in the United States as a fraud prevention tool. Secure Insight was named one of the Top 50 Fintech Companies by Silicon Review for 2021 and named a Top Financial Security Provider by CFO Technology Magazine in 2020. For more information on Secure Insight, see www.secureinsight.com.

Media contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
[email protected]

Social media: @DocMagic @Secure_Insight #eClosingLeader #TotaleClose #RemoteOnlineNotarization #NationalSettlementAgentDatabase

News source: DocMagic, Inc.

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