Texas Capital Bank Implements DocMagic’s Total eClose™ Solution for eWarehouse Lending

More online mortgage shopping equals lower servicer retention rates 14:15 ET Subscribe to our weekly e-newsletter, top news. borrower retention rate hits record low. Borrower retention is becoming a growing challenge in the mortgage industry, according to the latest Mortgage Monitor report from Black Knight.

 · Thanks to its implementation of DocMagic’s total eclose platform, Texas Capital Bank has successfully completed and funded it very first eClosing..

Marjorie Reyes | VA Loan Refinance | Quicken Loans Commercial SecurityNational Mortgage Implements a Fully Paperless. –  · DocMagic’s comprehensive suite of eSolutions and eServices also includes SMARTDocs, eNotes capability, eVault technology, eWarehouse lending, and even loan servicing. About DocMagic: DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry.

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ANAHEIM, Calif. – DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that QRL Financial Services (QRL), a nationwide provider of residential mortgage lending services for community banks and credit unions, has leveraged its eVault technology to purchase eNotes.

FIG. 1 depicts a computer system that can be used to implement an embodiment of the present invention. FIG. 2 is a schematic block diagram illustrating the high-level architecture and data flows of an automatic software production system in accordance with one embodiment of the present invention.

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Texas Capital Bank has implemented DocMagic’s Total eClose solution. This implementation enables the bank to function as an eWarehouse lender. They can now accept and fund eNotes from its lender customers that want to drastically speed up the process of closing and selling loans. Featured Sponsors:

TORRANCE, Calif. /California Newswire/ — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Texas Capital Bank has implemented its total eclose(tm) solution. This implementation enables the bank to function as an eWarehouse lender.

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TORRANCE, Calif., Apr 21, 2017 (SEND2PRESS NEWSWIRE) – DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Texas Capital Bank has implemented its Total eClose(TM) solution.

Existing-home sales decline for fifth time in six months U.S. Existing-Home Sales Post Fifth Decline in Six Months More (Bloomberg) — Sales of previously owned U.S. homes unexpectedly cooled in April, the fifth drop in six months, signaling a rocky start for the housing market this quarter amid a still-tight supply of available properties.Consumers expecting lower mortgage rates less optimistic about buying Consumers expecting lower mortgage rates less optimistic about buying Consumer expectations of further mortgage rate drops leaves them seemingly in no rush to enter the purchase market which could be why their optimism on home buying is falling, a Fannie Mae report said.