The mortgage document production company has been accepted into ALTA’s Elite Provider Program, which requires applicant companies to showcase financial stability through five recent balance sheets along with ten references.
"This designation underscores DocMagic's mission to deliver critical, robust technology solutions that address complex compliance issues and needs for both lenders and title companies," said Tim Anderson, DocMagic director of eServices. "ALTA's rigorous vetting process and high standards mirror DocMagic's own internal guidelines, and we're pleased not only to be named to the Elite Provider Program, but also to demonstrate the soundness of our solutions and our practices to the title community."
Factors that enabled DocMagic become an ALTA Elite Provider are its platforms such as the SmartCLOSE closing portal for TRID compliance, the Total eClose solution and its Fannie Mae and Freddie Mac-approved Uniform Closing Dataset technology.
ALTA members can now have discounts on DocMagic’s solutions and services.
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DocMagic is now an ‘elite provider’ for the American Land Home Title Association (ALTA), according to a news release.