Mike Sorohan's article, "LOS Vendors Adapt to Changing Conditions," in the MBA's Tech Newslink, featured the opinions of panel participants on various issues facing the industry. Mike Sorohan's article is "Part Two of a panel discussion on workflow process that took place recently at the Mortgage Bankers Association's 92nd Annual Convention & Expo in Orlando, Fla." Renee Smith-Cleary, Assistant General Counsel with DocMagic, Inc., was among the panel participants. To read the full article, click here.

Smith-Cleary discussed the eDisclosure functionality, which enables customers to provide the 3-day disclosures via email and have borrowers acknowledge receipt electronically. All activity related to this transaction is tracked and reports may be emailed to the lender. DocMagic's eDisclosures are easy to implement, compliant with existing legislation, and incorporate a built-in risk mitigation process. For more information on DocMagic's eDisclosures, click here.