DocMagic

DocMagic, Inc. is an American technology company.[2][3][4] The company was founded by its current President and CEO, Dominic Iannitti, in 1987 and is headquartered in Torrance, California.[5][6][7][8] DocMagic is based on a software as a service (SaaS) model; DocMagic's principal product, its Document Generation Solution, is a software which allows users such as banks or mortgage brokers to input variables so as to generate documents used in the mortgage process.

DocMagic Inc.
TypePrivate
FoundedDecember 10, 1987 (December 10, 1987) (as Document Systems, Inc.)[1]
HeadquartersTorrance, California,
U.S.
Key people
Dominic Iannitti (CEO)
WebsiteOfficial website

In 2014, DocMagic acquired eSignSystems, another software as a service company which had offered electronic notarization of documents to its users.[9][10]

DocMagic has since incorporated these technologies into its own services; by 2018, DocMagic had processed more than 300 million signatures using the eSign service.[11][12]

DocMagic's facility was designed by Rania Alomar Design & Architecture and was recognized by the American Institute of Architects with a 2013 AIA Institute Honor Award for Interior Architecture.[13]

In July 2020, DocMagic, Inc., has collaborated with Simplifile to introduce modern workflow efficiencies that would further digitize the closing phase, including automation after completion.[14]

References
  1. "Articles of Incorporation of Document Systems, Inc." California Secretary of State. Retrieved 2019-06-21.
  2. "Here are 11 tech companies revolutionizing mortgage lending" HousingWire. Retrieved 2019-02-27.
  3. "ICE makes its move in $15tn US mortgage market" Financial Times. Retrieved 2019-02-27.
  4. "Lenda to critics: This is the future of mortgage lending" HousingWire. Retrieved 2018-10-18.
  5. "New 25,000-Square Foot DocMagic Tech Center Now Online" National Mortgage Professional Magazine. Retrieved 2018-11-21.
  6. "Guaranteed Rate partners with DocMagic, cuts borrower time spent at closing table to 10 minutes" HousingWire. Retrieved 2018-10-18.
  7. "Non-QM, Digital, Tech Products; MSA Compliance Webinar; Vendors Raising Money" Mortgage Daily News. Retrieved 2019-01-18.
  8. "What It Took to Make a Fully Paperless Mortgage" American Banker. Retrieved 2019-02-27.
  9. "DocMagic Integrates eSign Technology with MortgageHippo’s Digital Lending Platform " MortgageHippo. Retrieved 2019-06-20.
  10. "Lenders One Announces Lenders One eClosing by DocMagic at the Annual Summer Conference" Global News Wire. Retrieved 2019-06-20.
  11. "DocMagic Integrates eSign Technology with MortgageHippo’s Digital Lending Platform " MortgageHippo. Retrieved 2019-06-20.
  12. "Lenders One Announces Lenders One eClosing by DocMagic at the Annual Summer Conference" Global News Wire. Retrieved 2019-06-20.
  13. "AIA Announces the 2013 Honor Awards: Interior Architecture" Architect Magazine. Retrieved 2019-06-20.
  14. "Docmagic And Simplifile Team On Eclosing Adoption, Enotarizations, And Erecordings". nmp. 25 July 2020. Retrieved 10 August 2020.
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