Author: PROGRESS In Lending

In The NewsPartnership

Partnership Streamline Loan Modifications With Remote Online Notarization

PROGRESS In Lending

NotaryCam®, a Stewart-owned company and provider of remote online notarization (RON) and identity verification/authentication technology for real estate and legal transactions, has partnered with mortgage subservicing leader Dovenmuehle Mortgage Inc. and Texas-based law firm RUTH RUHL, P.C. to offer remote online notarization (RON) services for loan modification agreements. This collaboration aims to modernize the loss mitigation process by improving efficiency, reducing cost and friction and enhancing the borrower experience.

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FraudIn The News

EquityProtect Stops San Luis Obispo County Real Estate Fraud In Its Tracks

PROGRESS In Lending

EquityProtect, an innovator in real estate fraud prevention and data security, effectively protected a San Luis Obispo County property owner from a sophisticated real estate scam. The situation exemplifies one of many cases in which EquityProtect has stepped in to prevent fraud before it happens, and it highlights the inefficacy of monitoring services that simply alert property owners after fraud has occurred.

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Digital LendingIn The News

DocMagic One Launches To Unify Mortgage Production Under A Single, AI-Powered Platform

PROGRESS In Lending

DocMagic launched DocMagic® One, a new platform for lenders that eliminates the inefficiencies of juggling multiple systems by bringing every critical loan manufacturing step into a single, intuitive platform. Document preparation, compliance checks, collaboration between borrowers, title agents and settlement agents, and closing coordination all happen in one place. Role-based permissions and organizational hierarchies keep tasks moving without bottlenecks.

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In The NewsMISMO

MISMO Publishes Standard For Electronic HELOCs

PROGRESS In Lending

MISMO®, the real estate finance industry’s standards organization, has published the  SMART Doc® V3 eHELOC Specification. This standard was developed to meet requests for natively created electronic documents to support the growth of home equity lines of credit (HELOCs). The use of the MISMO SMART Doc provides assurance that loan documents and associated data are consistent, reliable, and unaltered.

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