Avista Solutions Creates Much-Anticipated DocMagic Integration
As industry struggles to be in compliance with up-front disclosures, integration makes it easy to deliver eDisclosures with eSign, and enables efficient loan document production.
PR9.NET December 16, 2008 - Avista Solutions, a leading provider of web-based, end-to-end mortgage loan origination software, has integrated the Avista Agile loan origination system to DocMagic, a loan document solution produced by Carson, Calif.-based Document Systems, Inc., the largest loan document production company in the U.S.
The integration to DocMagic streamlines the loan document production process for Avista Solutions customers, giving Avista customers access to DocMagic's innovative technology, including its eDisclosure and eSign features, as well as DocMagics' renowned customer service. DocMagic's interface with Avista's Agile LOS is a 100 percent seamless and direct interface, the best the industry has to offer.
"Companies like ours often get requests from customers to integrate to others, and DocMagic has been one of the most requested integrations," said Avista Solutions CEO Mark Phlieger. "We are pleased to fulfill our customers' requests."
Avista users can leverage DocMagic's eDisclosure feature, which allows lenders to deliver and get receipt confirmations of disclosure documents via e-mail. DocMagic monitors the entire eDisclosure process, notifying lenders when borrowers view their documents and mailing printed copies of the documents to borrowers if they fail to view them electronically within 48 hours. This electronic option saves lenders the time and money required to mail disclosure packages to each new loan applicant.
"At a time when the industry is struggling to be in compliance with up-front disclosures, DocMagic can lend invaluable support," says Patrick Harkins, sales manager at DocMagic. "In fact, one of the biggest tasks in 2009 will entail tackling compliance. DocMagic helps companies stay in compliance with no forms management, and offers free training and support, complimentary high cost analysis, an eSign feature, and the ability to do everything paperless."
Harkins added that Avista's well-respected place in the mortgage technology industry and its technological compatibility with DocMagic makes the partnership a great fit for DocMagic.
"Everyone we work with says Avista Solutions does a great job," he said. "Avista offers an excellent product at a reasonable price, and it has the integration support that we require. The partnership is a positive alliance for both of us."
DocMagic is now fully operational within the Avista Agile LOS origination platform.
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Founded in 1988, Document Systems, Inc. is the largest loan document production company in the U.S. Its flagship product, DocMagic, provides an effective and reliable system for the delivery of customized closing loan documents and has turned the company into a national phenomenon. For more information, contact Sales Manager Patrick Harkins at (800) 649-1362 Ext. 246 or email@example.com or visit DocMagic on the web at www.docmagic.com.
About Avista Solutions
About Avista Solutions
Avista Solutions, a Mortgage Technology magazine “Mortgage Technology Help Desk Award Winner” and a perennial "Top 50 Mortgage Technology Provider," is a leader in sophisticated Cloud-based loan origination systems. Avista Solutions’ suite of mortgage lending software provides complete, end-to-end solutions incorporating loan origination, product eligibility, pricing and imaging that can be rapidly implemented across all origination channels. For more information, please call (843) 619-4800, or visit www.AvistaSolutions.com.
PRESS CONTACT: Lauren Johns
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