DocMagic eSign

Formerly eSignSystems SmartSAFE

DocMagic eSign is a software solution offered by DocMagic, Inc. that aims to automate the mortgage workflow through electronic document signing, management, and storage capabilities. According to the vendor, this product is designed to cater to the needs of mortgage lenders, brokers, servicers, title companies, and real estate professionals. With an intuitive interface and a range of features, DocMagic eSign aims to streamline the document signing process while ensuring compliance for businesses in the mortgage industry.

Key Features

ClickSign®: According to the vendor, this feature automates the mortgage workflow by providing electronic document signing, management, and storage. Borrowers can review and sign documents on various devices, including desktops, tablets, and mobile devices. The system allows users to track the status of each loan package by providing access to a PDF copy of the documents. Additionally, the authoritative copy is securely stored in a certified eVault for long-term storage.

Capture and Track Documents: The system enables users to easily capture and track additional documents uploaded by borrowers. These documents are securely stored and encrypted with a tamper-evident seal. Date and time-stamped versions of documents provide a clear record of eSignatures. According to the vendor, this feature offers secure, long-term storage and management for the entire mortgage document lifecycle.

Easy for Borrowers, Convenient and Compliant for You: The ClickSign® electronic signature platform aims to provide convenience for borrowers while maintaining compliance for businesses. According to the vendor, this feature offers step-by-step tracking of the signing process, allowing users to instantly know the current status of loan documents. Notifications and date and time-stamped records help maintain compliance with documented audit trails.

eSignature Technology: DocMagic eSign provides comprehensive platforms supporting eSign, Appraisal eDelivery, and eNotary capabilities. According to the vendor, this feature offers an easy-to-use platform for managing, accessing, and securely storing eSigned documents. The system has processed over 500 million mortgage-related eSignature transactions and logs every eSignature for compliance purposes.

Appraisal eDelivery: The vendor states that this feature helps businesses stay in compliance with the ECOA Valuations Rule by providing easy access to appraisals directly from the loan file. Full-color appraisals can be uploaded, and every eSignature is logged for proof of consent and eDelivery compliance.

eNotary Technology: DocMagic eSign enables borrowers, lenders, settlement agents, and mobile notaries to eSign and eNotarize documents. According to the vendor, this feature supports both online and offline eSigning and eNotarization, eliminating the need for physical presence during the notarization process. This can help streamline the mortgage process and allow borrowers to eSign notarized documents.

Document Generation: The system aims to keep the mortgage process 100% paperless by generating and managing mortgage documents digitally. According to the vendor, this feature eliminates the need for physical document generation and storage, improving efficiency and reducing costs.

eVault: DocMagic eSign provides a secure environment for storing, transferring, managing, and maintaining eMortgage assets within the eVault. The vendor claims that this feature eliminates the need for physical storage of mortgage documents and offers a secure digital solution for accessing and storing eMortgage assets.

Print Fulfillment: The system offers print fulfillment services for mortgage-related documents. According to the vendor, this feature provides a centralized and efficient solution for printing and delivering physical copies of documents, ensuring convenience and accuracy.