Demo Day

Mortgage Tech Demo Day: DocMagic

AutoPrep

DocMagic is introducing AutoPrep, a new technology that leverages artificial intelligence and machine learning to change standard documents into e-enabled documents in under 10 seconds. AutoPrep allows lenders to use any document preparation provider’s loan documents—even if they’re not e-enabled—with our end-to-end, 100 percent paperless eClosing process.

Product Fast Facts

#1

With AutoPrep, lenders can ingest any document preparation provider’s loan documents—even if they’re not e-enabled—into our end-to-end, 100 percent paperless eClosing process.

#2

AutoPrep can transform any standard document or PDF into a fully e-enabled document in under 10 seconds.

#3

AutoPrep uses AI, OCR, and machine learning technologies to scan and parse documents, locate all signature and notary regions, and electronically tag them for eClosing.

Visit Doc Magic’s Services Guide Page

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Opinion: Should Florida’s new HOA law go nationwide? 

Starting July 1st, Florida’s HB 1203 law will bring unprecedented changes to HOA regulations, curbing excessive powers and implementing mandatory training for board members. Residents will benefit from fairer rule enforcement, requiring a 14-day notice, a hearing, and an appeal before any fines. This legislation aims to promote fair housing practices and protect homeowner rights, marking a significant step forward in addressing longstanding issues within HOAs.

3d rendering of a row of luxury townhouses along a street

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