NOW DocMagic brings you a tool to make 72-Hour Disclosures safe,
simple, fast and inexpensive.

Placing up front disclosures into the hands of your new loan applicants quickly is a critical task. The Truth in Lending regulation requires that these documents be postmarked within a specific 72-hour time frame. Satisfying this requirement can be a labor intensive process involving preparation, postage fees and late night runs to the post office. Preparation, delivery and return take time and can delay the origination process. DocMagic eDisclosure changes all of this. Let DocMagic process your predisclosures and deliver the documents electronically. Within a few seconds, your borrowers are viewing their documents. The entire electronic delivery process is complete almost immediately. No paper, toner, labor, postage or delays and the process is legal and complete!

DSI Monitors All Aspects of the eDisclosure Process
As borrowers access their documents, lenders are notified by email. Additionally, a daily report is emailed that summarizes the status of every loan in the pipeline and lets lenders know when the borrower opened the email, gives a record of the completed e-sign consent and more. DocMagic automatically notifies the lender if the borrower fails to access the eDisclosure within the first 48 hours. DSI can then facilitate the automatic physical production and delivery of the printed version within the remaining 24 hour period or DocMagic will alert the lender of the need to produce and mail a printed version. Either way you stay in compliance.

How the System Works
eDisclosure is built right into the DocMagic software you already use and only requires the lender to set a simple flag in the XML request file to set DocMagic servers in motion. The service can be triggered from DocMagic Direct, DocMagic Online or DocMagic for Windows. DSI will also create custom interfaces to embed this functionality into a lender's existing system. The tool can be configured to deliver disclosures electronically on every loan or to allow the lender to use it only on selected loans.

Customizing DocMagic for your enterprise is part of what we do every day. DSI supports over 15,000 companies that range in size from small to mid-sized lenders all the way up to large enterprise clients with branches all over the country. DSI's relationship managers provide status reports during every step of the implementation phase, including detailed planning, development, testing, pilot and rollout information.

White Paper: The Case for eDisclosure
In DocMagic eDisclosure: White Paper, DSI shares its rationale for the eDisclosure offering and outlines the cost savings, benefits and features it provides.

Keeping You in Compliance With Our In-house Team
At DSI, compliance is monitored by in-house legal counsel, compliance managers and investor specialists and backed by a $5,000,000 errors and omissions policy. DSI's eDisclosure was developed to conform strictly to the requirements of the federal E-Sign Act and to Regulation Z (including the Federal Reserve Board's Official Staff Commentary) relative to electronic disclosures. Great care has been taken to ensure that this is accomplished in an extremely user friendly environment. Our in-house legal counsel is available to assist with any compliance-related question and is available via phone, email or fax. You won't find a better team to work with in the industry.