We’re thrilled to share some exciting news from the DocMagic team—our Chief Operating Officer, Lori Johnson, has been named a 2025 Woman of Tech by Mortgage Women Magazine! This well-deserved recognition celebrates Lori’s remarkable contributions to mortgage technology, her leadership within our organization, and her ongoing advocacy for women in the industry.

“I’m honored to receive this recognition,” Lori shared. “Empowering women and advancing digital mortgage technology are very important to me, and I’m grateful to be part of such an innovative and forward-thinking company.”

With a career spanning decades in mortgage technology, Lori has been a driving force behind digital transformation. Prior to joining DocMagic, she co-founded and served as president of Document Express, leading it through its acquisition by DocMagic in 2014, where she played a hands-on role in successfully integrating the two companies.

At DocMagic, she served as director of client services, playing a key role in our growth, before stepping into the COO position last year. She is responsible for achieving company business objectives as well as leading initiatives focused on operational excellence and client success. Her efforts led to increased eClose adoption and a growth trajectory that landed DocMagic on Inc. 5000’s list of fastest-growing private companies.

Her leadership continues to shape our path forward. As our CEO Pat Theodora put it, “Lori’s unwavering dedication and leadership continue to shape the digital mortgage landscape. Her commitment to innovation and her mentorship of women in tech set a powerful example for future industry leaders.”

We couldn’t be more proud to have Lori on our team and are inspired by her vision, passion, and resilience every day.

For more information on the MWM Women of Tech 2025 honorees, visit https://nationalmortgageprofessional.com/news/code-breakers-ceiling-shakers.

 

 

 

This is the first year for MortgagePoint’s 2025 Tech Excellence Award and we’re thrilled to be named a recipient!

This award spotlights innovative technology providers throughout the mortgage, real estate, and housing sectors at a time when organizations depend on these critical technologies to reduce costs, streamline operations, and deliver the seamless digital experiences that today's borrowers expect.

In 2024, DocMagic made major strides in innovation. One of our standout developments was expanding the functionality of our proprietary SmartREGISTRY™ technology. These new features simplify lenders’ eNote setup process with the MERS® eRegistry, boosting client adoption of eNotes in 2024 and increasing remote online notarization (RON) adoption by 21%.

“We’re honored to earn this recognition of our continuous efforts to help our customers remain competitive,” said Pat Theodora, CEO of DocMagic. “By providing seamless, secure, and efficient digital mortgage transactions, we’re making the loan process easier and faster for lenders, settlement service providers, investors, and borrowers.”

Our technologies, such as Total eClose™, SmartSAFE® eVault, and an array of intelligent tools for eSigning, eNotarization, and investor due diligence, have helped lenders achieve major gains in operational efficiency, including reducing closing times to 15 minutes or less, a significant reduction in errors, and automatic MERS® registration.

The MortgagePoint Tech Excellence Awards are part of a new annual program that will continue to spotlight leaders advancing critical technology for the mortgage industry. To learn more about the award and see a complete list of honorees, go to Meet the Tech Excellence Award Recipients.

We’re pleased to share that our very own Leah Sommerville, Director of Sales, has been named a 2025 HousingWire Rising Star! This award recognizes 100 standout professionals under 40 who are shaping the future of mortgage, real estate, and fintech.

Since joining our team in 2019, Leah has become an eClosing expert, working closely with the DocMagic team to continue to advance digital mortgage strategies and promote industry adoption. Her dedication has helped hundreds of lenders streamline operations, cut costs, and enhance the borrower experience.

Now, as our Director of Sales, Leah leads sales efforts across our entire suite of digital mortgage solutions. She works with banks, credit unions, third-party providers, and other industry leaders to push mortgage lending further into the digital age.

“I’m truly honored to receive this award and excited about the future of our industry,” said Sommerville. “As DocMagic continues to drive innovation in the digital mortgage space, I look forward to contributing along with our incredible team.”

Our CEO, Pat Theodora, couldn’t agree more: “Leah’s leadership and expertise have been instrumental in advancing our mission to simplify and digitize mortgage lending. This recognition is well deserved.”

HousingWire’s Rising Stars program highlights professionals making a real impact on the industry. Editor-in-Chief Sarah Wheeler shared, “This year’s winners are redefining what’s possible in the industry. I can’t wait to see how they continue to drive progress.”

Congratulations, Leah! We’re incredibly proud of this well-earned recognition.

→ Check out the full list of 2025 HousingWire Rising Stars.

 

 

We're honored to share that we've been recognized by HousingWire as one of the most innovative and impactful mortgage technology firms in the U.S. housing economy again for 2025. We’re one of only a handful of vendors to earn a spot on the coveted list every single year since the Tech 100 program started.

Pat Theodora, our co-founder and CEO, commented, “For 38 years and counting, DocMagic has stayed true to its core mission of reducing clients’ reliance on paper by automating manual tasks while ensuring compliance throughout the mortgage process. DocMagic is honored to again receive recognition for our unrelenting efforts to facilitate adoption of digital mortgages."

DocMagic was an early supporter of the ESIGN Act of 2000, implementing eSignature functionality on all of our loan documents and embracing the industry vision of achieving a true eMortgage. We developed numerous technology breakthroughs, including transformative mortgage technology solutions that accompany hard-driving adoption and educational campaigns.

Throughout 2024, we further deepened AI exploration in various areas of our compliance solutions and digital lending products, with the goal of further minimizing human intervention and maximizing business efficiencies through a digital workforce.

We also added important new features and functionality to our proprietary eNote registry solution, SmartREGISTRY™, which established easier eNote setup for lender clients via direct integration with the MERS^® eRegistry system. This has dramatically simplified and expedited the eNote process for lenders, boosting client adoption of eNotes in 2024 and increasing RON adoption as well.

Our SmartREGISTRY solution works seamlessly with our SmartSAFE^® eVault technology, which also integrates with Total eClose™, our comprehensive, completely paperless eClosing system. Total eClose integrates tightly with contemporary LOS platforms, establishing a streamlined, easy, efficient workflow for lender closing staff.

“The 2025 Tech100 honorees are driving real transformation in mortgage and real estate,” said Sarah Wheeler, Editor-in-Chief at HousingWire. “These companies are not just enhancing processes—they're redefining what’s possible. From streamlining lending operations to elevating the real estate experience, their innovations are paving the way for a more efficient and dynamic housing market.” The full list of 2025 Tech100 Mortgage winners can be found on HousingWire’s website.

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We are proud to announce that our Director of Product Development, Michael Morford, has been named to HousingWire’s Tech Trendsetters list for 2024. Now in its sixth year, HousingWire’s Tech Trendsetters award program honors the most impactful and innovative technology leaders serving the housing economy. This year, 75 standouts were selected for the prestigious accolade.

“Michael is a major technology innovator in the digital mortgage industry; his contributions are changing the way lenders nationwide do business,” remarked our CEO and co-founder, Pat Theodora. "He constantly drives the development of DocMagic's groundbreaking digital mortgage solutions that have benefited the entire industry. We are delighted that HousingWire has recognized his contributions as a Tech Trendsetter honoree."

Michael has focused on accelerating eClose adoption, breaking down barriers through DocMagic’s Total eClose™ platform, which provides a standard workflow for all types of eClosings. His leadership in the development of DocMagic’s remote online notarization (RON) solution was invaluable during the pandemic, delivering enhanced convenience and security for both lenders and borrowers.

Building on this success, he further advanced the platform by introducing the patent-pending AutoPrep™ technology. AutoPrep improves settlement agent participation by automatically detecting signature lines and e-enabling the title documents for presentation and execution in the eClosing event, without the need for manual tagging. Customers implementing DocMagic’s Total eClose™ platform have achieved significant cost and time savings per loan.

Michael additionally led the transition from traditional data exchange methods to a web services model, enabling real-time integration with loan origination systems (LOS). This transformation reduced document processing time and embedded automated regulatory compliance into workflows, significantly enhancing efficiency.

As a champion of MISMO^® specifications, Michael has driven industry-wide standardization and implemented critical data services like the Uniform Closing Dataset, Uniform Loan Delivery Dataset, and Investor eQC. These innovations streamline electronic loan delivery to downstream stakeholders, improving client outcomes and driving efficiency throughout the mortgage process.

“I am truly honored to receive HousingWire’s Trendsetters award,” said Michael. “At DocMagic, we are constantly looking for ways to improve the loan origination process with innovative eMortgage technologies. I am excited to be a part of the team working to maintain DocMagic’s position as a leader in the industry for years to come.”

Michael’s work has driven more lenders to electronic workflows from application to eClosings, expanding adoption across the industry. This aligns with the company-wide mission to digitize the mortgage process. His expertise keeps DocMagic ahead of industry trends, positioning the company as a key driver in the evolution of digital mortgages and eClosings.

“The 2024 Tech Trendsetters represent a group of truly innovative leaders who are pushing the boundaries of what’s possible in mortgage and real estate,” said HousingWire Editor-in-Chief Sarah Wheeler. “Their impact is reshaping both industries, and their forward-thinking solutions are setting new standards for how technology can drive growth and success in today’s evolving market.”

The 2024 HousingWire Tech Trendsetters were selected by HousingWire’s selection committee based on their vital and dynamic contributions to their organizations and to the housing industry.

HousingWire’s 2024 Tech Trendsetters include the top product and technology leaders who have been essential in bringing innovative tech solutions to market for mortgage and real estate clients. Tech Trendsetters highlights individuals who are developing cutting-edge technology and leading innovation for their industries.

We're proud to announce that we've been recognized by HousingWire as one of the most innovative and impactful mortgage technology firms in the U.S. housing economy for 2024.

Now in its 12th year, the Tech100 program provides housing professionals with a comprehensive list of market-leading technology providers whose solutions are driving efficiency, transparency, and accessibility across the mortgage supply chain. Industry participants have come to rely on the annually produced list to identify firms with cutting-edge products that effectively address the business challenges lending entities face daily.
“We are honored to earn a spot on HousingWire's 2024 Tech 100 list," said Dominic Iannitti, president and CEO of DocMagic. "Garnering this coveted industry accolade underscores our unwavering dedication to empowering clients in advancing their lending practices amidst the dynamic landscape of the digital mortgage ecosystem.”

HousingWire designated DocMagic a 2024 Tech 100 winner after evaluating the impact of multiple innovations it made in the last year along with supporting metrics. One of those advancements was DocMagic’s official introduction of ADA-Compliant Loan Documents, a project that added tags to each document for ease of accessibility by borrowers with disabilities. DocMagic also added QR code technology to its document generation capabilities, a groundbreaking enhancement that brings major benefits to document-related information management processes. Lastly, to establish a more unified client experience, key enhancements were made to DocMagic’s Total eClose™ platform, proprietary RON technology, and APIs for third-party integrations.

“The technology capabilities and solutions that this year’s Tech100 winning organizations have developed are an absolute testament to the relentless innovation within the real estate and mortgage technology landscape," HW Media Editor in Chief Sarah Wheeler said. “These past few years have been transformative for the industry and these honorees are continuing to bring long-awaited solutions to the challenges that mortgage and real estate professionals have struggled with for decades. Congratulations to all the deserving winners for their outstanding contributions to our ever-evolving industry.”

HousingWire stated that its Tech100 program grows each year, competition among applicants tightens, and the demand for technology in housing increases. The Tech100 program is separated into two groups — Tech100 Mortgage and Tech100 Real Estate — to highlight the achievements of organizations from both sectors. The 2024 HW Tech 100 winners for both groups can be found at https://www.housingwire.com/.

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Related Content:

• DocMagic’s 2023 in review: Pioneering the future of digital mortgages

• Enhanced integration of Empower LOS and DocMagic supports home equity, wholesale channels (12/11/2023)
  
• DocMagic and Vesta join forces to enhance digital workflow efficiency (11/14/2023)

Today, we're proud to reveal that Brian D. Pannell, our Chief eServices Executive, has been honored with a prestigious Vanguard Award by HousingWire. This recognition, now in its ninth year, celebrates visionary leaders in the housing and mortgage finance industry, acknowledging their exceptional contributions and forward-thinking initiatives. Pannell's remarkable achievements in advancing eNote adoption among lenders have not only earned him this distinguished award but also propelled DocMagic to new heights.

A Trailblazing Technologist

Upon receiving the Vanguard Award, Pannell expressed his honor and commitment to DocMagic's role as a leader in innovative eMortgage technologies. He emphasized the company's dedication to advancing fully automated originations alongside paperless eClosings, thereby propelling the mortgage industry into the digital age.

“I am truly honored to receive HousingWire’s Vanguard award,” said Pannell. “The entire team at DocMagic is focused on maintaining our role as a leader in innovative eMortgage technologies. I am excited to be a part of this major movement and help DocMagic lead the charge for years to come.”

Pannell has long been a driving force behind eClosing adoption within the mortgage industry. His unwavering dedication and hands-on approach have led to increased efficiency for DocMagic's lender clients—one notable project spearheaded by Pannell resulted in a significant surge in eNote adoption among federal banks, investors, and lenders.

In fact, thanks to Pannell's tireless efforts, DocMagic has achieved a nearly 40% increase in eNote adoption among its banking clients in the last year alone.

This achievement aligns seamlessly with our overarching mission: to eliminate paper from the mortgage process and digitize workflows, from origination to closing. Considering Pannell's focus on the efficiencies of eNotes for eClosing, below, we'll focus on eNotes themselves and just why they've been such a focus for clients in the past year.

The Power of eNotes

Traditional paper notes are slow, costly, and vulnerable. Typically stored in fortified vaults to withstand disasters, paper notes require costly retrofits, such as fireproof walls and waterless sprinkler systems. One critical weakness of paper notes is that there's only one original copy, with no backup concept. Losing the original note renders any copies worthless, akin to a lost endorsed check.

Also, each time a paper note is shipped, the risk of loss or damage multiplies significantly. It passes through several physical handovers, from the warehouse lender to the investor and finally to the custodian. With each shipment, the expense and risk increase substantially.

In contrast, eNotes eliminate these risks. They cannot be lost because there's no single original record to misplace. Additionally, eNotes can be securely backed up, virtually eliminating the risk of loss.

Instead of worrying about holding the original note, in an eMortgage workflow, the concept of an authoritative copy is introduced. While multiple copies of an eNote can exist simultaneously, only one is designated as the authoritative copy, akin to the original paper promissory note. The MERS® eRegistry system, in conjunction with eVault technologies, determines the authoritative copy of the eNote. Specifically, the copy of the eNote stored within the MERS®-designated "Location" Rights Holder's eVault is considered the authoritative copy, ensuring the security and integrity of the digital document.

These security and efficiency reasons—alongside many more—are why Pannell has guided his clients to further eNote adoption, leading to this prestigious award and recognition from HousingWire.

Celebrating Innovative eMortgage Solutions

Pannell's impressive credentials and extensive experience underscore his ability to forge critical technology and business relationships within the industry, leading clients to the perfect eMortgage solutions. DocMagic's industry-leading solutions include a variety of digital lending products, from ClickSign®, eNotary services, and eClosing to eNote generation and secure eVaults, such as SmartSAFE®. 

HousingWire's annual Vanguard awards recognize leaders across various sectors of the housing economy, including residential mortgage lending, servicing, real estate, and fintech. The 2023 Vanguard winners, including Pannell, will be honored at a ceremony during this year's HW Annual Conference in Dallas, Texas in mid-October. Their achievements will also be featured in the October/November issue of HousingWire and will continue to receive recognition on HousingWire.com.

Pannell's recognition with the Vanguard Award serves as a testament to his outstanding leadership and contribution to the mortgage industry's digital transformation. Under his guidance, DocMagic continues to lead the charge in innovative eMortgage technologies, shaping the future of mortgage origination and closing processes.

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Related Content:

• California Passes Remote Online Notarization Bill (10/02/2023)

• Ask the eClosing Team: Unlocking the potential of hybrid eClosings (9/21/2023)
  
• 100% Digital, 100% Delight: eClosing means great customer experiences (9/07/2023)

We're proud to announce that Leah Sommerville, a senior account executive and key member of our eClosing Team, earned a spot on this year’s prestigious Elite Women in Mortgage list published by Mortgage Professional America (MPA).

About The Elite Women Award

The annually-produced award highlights 50 female leaders who are making a difference and driving positive change within the mortgage industry. MPA says the winners represent a league of influential women who go above and beyond for their companies and the industry, exhibit a genuine passion for their craft, have significant accomplishments from the last 12 months, and possess unwavering determination.

“Leah’s expertise in eClosings is instrumental in guaranteeing the success of every client who chooses to embrace a paperless closing process,” stated Dominic Iannitti, president and CEO of DocMagic. “We commend Leah for her continuous dedication and are thrilled that MPA has honored her outstanding achievements with the prestigious Elite Women distinction.”

Leah Sommerville's eClosing And Mortgage Expertise

As a valued member of DocMagic's team of eClosing specialists, Sommerville is committed to assisting lenders in tailoring an optimal digital mortgage strategy to their unique business needs. Since joining the team in 2018, she has guided numerous lender clients through the transformation from paper processes to the cutting-edge realm of digital mortgages, creating a wave of efficiency and innovation.

“I’m honored to accept the 2023 Elite Women award from MPA and I thank the judges for recognizing my efforts,” stated Sommerville. “The industry has come a long way since introducing eClosings and I look forward to introducing some of the new digital mortgage innovations that DocMagic is developing.”

Notable achievements Sommerville has been a part of in the last 12 months include her involvement in the rollout of DocMagic's new eNotary onboarding program for a national database of notaries, enabling those notaries to attain RON certification on DocMagic’s Total eClose™ platform. Her efforts have helped train hundreds of notaries on how to effectively complete remote online notarization of loan documents with borrowers.

Sommerville also shepherded numerous lenders and secondary market participants through the MERS eRegistry membership process to start producing eNotes and subsequently store them in a secure eVault—guidance that enhances lender ROI, improves liquidity, and moves the industry toward going fully paperless.

In addition, Sommerville helped introduce DocMagic’s e-Eligibility tool, eDecision,™ that audits loans and confirms the type of eClosing that can be compliantly executed. Also notable is that Sommerville closed out 2022 exceeding her sales goal by 65 percent, which she accomplished in a down market despite a steep drop in loan volume.

Currently, Sommerville continues to press on, providing a consultative, hands-on approach to lenders for eClosings, working with industry eClosing partners, and speaking at conferences and events on the topic of digital mortgage automation.

The complete list of 2023 Elite Women winners can be found on MPA’s website.

Related Content:

• DocMagic and Finastra announce integration to transform closings (6/30/2023)
• MISMO seeks comments on VA form & David Garrett speaks on MISMO (6/22/2023)

• CEO Dominic Iannitti’s Best of Finance win spotlights the best mortgage and finance solutions (6/08/23)

Dominic Iannitti, DocMagic’s president and CEO, was selected for the inaugural group of Best of Finance award winners from Inman News, confirming the wide-reaching effects of our eClosing solutions. Inman News—a leading news source for real estate agents, brokers, executives and technology leaders—established the awards category to honor experts in the mortgage and finance space who innovate within residential real estate.

“I am thrilled and honored to be acknowledged as a mortgage finance leader by Inman News,” said Iannitti. “This award underscores our steadfast dedication to service, innovation, and above all, our customers.” And in a digital age where DocMagic’s powerful solutions are driving the adoption of fully paperless eClosings, that dedication to service is key to success.

About The Best Of Finance Award

Inman’s first selected group of Best of Finance award winners, available in full on Inman’s website, is a roster of mortgage and finance experts leading the way in better mortgage and finance services for all. Award recipients were hand selected by Inman’s editorial team—a team experienced in furthering Inman’s mission of sharing innovative and pertinent news about the real estate industry.

Inman shared that the 2023 Best of Finance award recipients were recognized for their commitment to “innovation, service and their immeasurable impact on the residential lending industry.” The CEO of Inman, Emily Paquette, said, “For the first time in Inman history, we are shining a spotlight on the companies and individuals helping to raise the bar for mortgage and financial services. Their dedication to the communities they serve is driving change across our industry.”

The complete list of award winners totaled only 128 recipients out of a large industry that amassed over $2.34 trillion in mortgage originations in 2022 (and that is expected to rebound in 2024). Although 2023 has seen industry revenue decline, flexibility is essential to achieve the rebound that government-sponsored enterprises (GSEs) predict in 2024.

What can lenders learn from following mortgage and finance awards?

Awards like this one highlight industry leaders with proven track records of innovating and evolving. Alongside Iannitti, the Best of Finance winners include leaders in:

• Lending, including correspondent lending
• Borrower payment facilitation
• Insurance
• Government-sponsored securitization
• eClosing, including DocMagic and our comprehensive eClosing platform
• Lender and broker workflow automation
• Other digital solutions

Award lists from trusted industry outlets can offer lenders a valuable chance to survey the industry and get a feel for what other lenders may be doing to stay flexible. The value for lenders in looking at award lists (and associated organizations) is twofold:

1. Lenders can keep an eye on the competition.

Look at award winners and identify any direct or indirect competitors among the lenders represented. Watch what these lenders are doing—how have they pivoted or expanded in the past year, and what can you and others learn from their strategies?

2. Lenders can identify new solutions for their own business.

If vendors are featured among award winners as with the Best of Finance award, you can take a look at award-winning vendor offerings and helpful solutions just by browsing award lists. Investigate digital solutions further to explore unique ways that your business can be flexible and save money.

Interested in paperless eClosing? Learn more about our Total eClose™ platform and how it can lead you and your borrowers through an eClosing step by step.

Whether you find it easy or difficult for your mortgage organization to implement new solutions, it’s crucial to watch industry news for where solutions are headed. The mortgage and finance space is evolving quickly. To keep pace, consider taking a second look at the leaders receiving accolades for their work in mortgage innovation.

Related Content:

• The competitive advantage of eNote technology (5/25/2023)
• Ask the eClosing Team: How do I get started with eClosing? (5/11/2023)

• DocMagic introduces critical ADA-compliant loan documents (4/25/2023)
  
  

This week, we’re proud to announce we’ve been designated one of the most innovative mortgage technology firms in the U.S. housing economy for 2023 by HousingWire. DocMagic has earned a spot on the coveted list of technology standouts every year since HousingWire began the award program.

Currently in its 11th year, the Tech100 program provides housing professionals with a comprehensive list of the industry's most innovative and impactful organizations. This list is widely used to identify partners and solutions that effectively address the challenges that mortgage lenders face every day.

“We are thrilled and humbled to receive the 2023 Tech100 award,” said Dominic Iannitti, president and CEO of DocMagic. “This recognition reflects the dedication and hard work of our team in pushing the boundaries of innovation in the mortgage industry. At DocMagic, we are committed to staying at the forefront of technology, and to delivering products and solutions that streamline and simplify the mortgage process for everyone involved. We thank the judges and everyone involved in this award for recognizing our efforts and achievements.”

Since 1987, DocMagic has been on a mission to remove paper from mortgage origination and closing processes to facilitate a better overall lending experience. The company has been successful at digitizing critical areas of loan origination, closings, secondary marketing and servicing transactions. In 2014, DocMagic pioneered the industry’s first single source eClosing solution, containing all of the functionality required to facilitate a completely paperless mortgage closing.

In the last year, DocMagic has enhanced many of its core solutions to better serve its clients. For example, remote online notary (RON) functionality was integrated into DocMagic’s Total eClose™ platform. DocMagic launched eDecision, the company’s eEligibility tool, which helps identify the specific type of eClosing that can be conducted in a given region prior to closing. These advancements reflect the company’s commitment to staying ahead of the curve in technology, and to providing the most advanced and comprehensive solutions possible.

Each year the Tech100 program has continued to expand, as the demand for technology in housing continues to progress. This was the fourth year the Tech100 program was separated into two groups — Tech100 Mortgage and Tech100 Real Estate — to highlight the innovation and achievements of organizations within both sectors.

“We're focused on elevating the innovators that are building paths and solutions that enable the largest and most important sector in the U.S. economy to operate efficiently and profitably — the innovators that make housing more accessible and more desirable for the 130 million households that benefit from the stability and economic advantages of homeownership,” said Clayton Collins, CEO of HW Media. “The Tech100 program is the gold standard for organizations in housing who are at the forefront of the kind of innovation that will change the industry forever.”

HousingWire stated that its Tech100 program grows increasingly more competitive each year, and the applicants improve in caliber as the demand for technology in the industry continues to progress. 

Related Content:

• House overwhelmingly passes federal RON bill (3/1/2023)
  

• DocMagic provides eClosing and eVault technology for Barr Group Mortgage’s First eNote Transaction through Click n’ Close’s non-delegated correspondent eNote program (2/16/2023)

• CUSO leaps over hybrid eClose to offer fully electronic loan closings (2/6/2023)