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Thu, 09/30/2004

October 06, 2004 - Document Systems Inc., Carson, Calif, announced a strategic partnership with Ellie Mae Inc., Dublin, Calif. The new alliance will provide a direct interface between DocMagic and loan origination systems (LOS) through ePASS, Ellie Mae's electronic portal.

DocMagic software processes Web-based systems for production and delivery of standard and customized loan document packages. With DocMagic, complete loan packages can be viewed, printed and securely delivered via the Internet. DocMagic's data validation system features a Federal Section 32 and state-specific predatory lending analysis for a growing list of states. The DocMagic eForms library consists of over 50,000 forms covering all lending jurisdictions and supports more than 10,000 loan programs.

Ellie Mae's ePASS technology pulls data directly from a borrower file within the loan origination system, transmitting it electronically to lenders and service providers. DocMagic's integration within ePASS would allow customers to order closing documents through DocMagic Online eliminating data entry and ensuring error-free documents. Through ePASS, DocMagic customers can order, track and retrieve closing documents at any time from any location.

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