You may have noticed recently that the DocMagic worksheet that appears in the predisclosure, pre-closing and closing loan packages looks substantially different. Indeed, the worksheet has changed and been replaced with the Loan Details Report. We discussed the features of the Loan Detail Report in a prior issue of The Compliance Wizard.
Up until recently, the Loan Details Report could only be viewed within the DocMagic application. Now, it appears in the loan package so that all loan - specific data and the results of all DocMagic high cost loan analyses and other compliance audits may be viewed as part of a loan package. If you have any questions, please contact DocMagic's Customer Service Department, at (800) 649-1362.