July 2007 - Document Systems Inc., Carson, Calif., a developer of mortgage technology for compliant loan document preparation and customer contact management systems, released version 4.0 of its LoanMagic software. The application combines tools for lead management, contact management, mortgage loan calculators, side-by-side loan comparison and marketing.
The product is designed to be used with any loan origination system and gathers and tracks leads, walks originators through the loan sale process, collects contact information, pulls credit, compares loan programs and delivers pre-disclosure documents. Information can then be delivered to the LOS for loan processing and closing. The updated information can then be returned to LoanMagic for post close review and follow-up.