DocMagic Inc., a provider of loan document preparation, compliance, e-sign and e-delivery solutions to the mortgage industry, has integrated World Wide Notary Inc.'s (WWN) patent pending DigaSign e-notary technology with DocMagic's eServices platform to deliver a fully paperless e-closing solution.
As per a company press release, the solution allows borrowers, lenders, settlement agents and mobile notaries to e-sign and e-notarize paperless mortgage documents.
"The addition of WWN's advanced e-notary capability adds significant value to our platform by keeping mortgage closing documents 100 percent paperless, from e-disclosure to e-closing," says Dominic Iannitti, president and CEO of DocMagic. "DocMagic has systematically been putting the necessary pieces in place to transform the company into a true end-to-end e-services solutions provider. Our exclusive arrangement with WWN incorporates a critical component: compliant e-notarizations. Without compliant e-notary capability, a fully paperless e-closing would be impossible to achieve."