Provides real-time collaboration for title agents and lenders to exchange data within ResWare
Boulder, Colo., Oct. 10, 2017 – Adeptive Software’s ResWare title production platform announces the seamless integration with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions.
The new integration enables title agents to collaborate with lenders using DocMagic’s SmartCLOSE solution directly within ResWare. It improves productivity, eliminates data re-entry, and allows agents to be fully TRID compliant. SmartCLOSE integrates with loan origination systems (LOS) so lenders can continue working in their system of record. It is DocMagic’s award-winning, collaborative closing portal that brings lenders and settlement service providers together in a secure environment.
“As a leader in title production technology, the ResWare-SmartCLOSE integration is a logical next step for data integrity, compliance and advancing the digital closing process. All of our customers, lenders, and consumers ultimately benefit from our partner collaborations and enhancements for a seamless experience,” says Bryan Buus, President of Adeptive.
When lenders and title companies are manually and independently entering and updating critical fee data, the risk of losing data accuracy, integrity and, most importantly, compliance is high. Also, without a central system to share loan data, it is difficult to track the most current file version, when accessed by multiple parties. This new integration ensures a secure, online exchange of the final closing fee data between systems.
“ResWare is used by many of the nation’s top title companies for processing title orders. One of the on-going issues many online closing collaboration portals have is two-way system integration with a lender’s LOS and the title company’s closing system. If the solutions aren’t integrated, then adoption among title agents is inhibited,” said Tim Anderson, Director of eStrategy & eServices of DocMagic.
About Adeptive Software
Based in Boulder, CO, Adeptive Software develops products that deliver efficiency, flexibility and scalability for the real estate title industry. Known for its title production and process flow software ResWare, it customizes and automates workflows to efficiently and accurately complete transactions throughout the entire title and escrow process. Used by many of the industry’s leading companies, ResWare ensures transactions are accurate and efficient and that employees are executing the same way every time, reducing missing information, lost productivity, and costly errors. Adeptive is the fastest-growing company in the title and escrow software market, thanks to ResWare’s continued strong adoption by agents and underwriters across the country. For more information, visit www.resware.com.
DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1988 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. The company’s compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit www.docmagic.com.