Headed to OPSCON Atlanta!

DocMagic is heading to OPSCON Atlanta, August 3-4 at the Hyatt Regency Atlanta Perimeter!

Stop by the booth to meet Ron Carrillo, Business Development Manager and Tom Rice, Senior Account Executive. They’ll show you how DocMagic supports every closing type, from document generation to eNotes, RON/IPEN, and eVault in one platform. 

And don't miss our live Compliance Edge™ demo on the main stage August 4, 10:00–11:00 AM. 

DocMagic Changes for New Virginia Law on Assumption of Conventional Loans

As previously announced, Virginia recently adopted a provision to require lenders to allow for an assumption of a conventional loan between parties who are divorcing.  This follows Maryland who adopted the same provisions last year.   The changes require a lender to allow a divorcing spouse to assume a loan from the spouse they are divorcing, in connection with a divorce.   This does require that the assumin

DocMagic Enhancement to Trust Party Data Handling

DocMagic's current data model supports the provision of discrete trust and entity data for transactions involving trusts and other non-trust entities. This includes support for multiple trusts within a single loan transaction, such as dual-trust loan scenarios commonly used by spouses in certain states. The model also supports the delivery of trust representatives and their respective roles, enabling the conveyance of granular relationship information between parties and trusts.

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