"DocMagic One changes that, giving every role from loan officer to closer a single, efficient platform that saves time, reduces risk, lowers costs and delivers a better experience for third-party collaborators and, ultimately, borrowers. The platform includes business intelligence and lead pipeline analytics to give managers instant visibility into performance, the company explained. It also features a loan health scoring system to identify loan files that needed immediate attention, as well as automated compliance functions and AI-powered search and chat."
"As we expand our Intelligent Agentic Network, we are excited by how we can leverage AI and our patented machine learning capabilities to create an interconnected environment where multi-agent orchestration happens behind the scenes, Michael Morford, DocMagic's chief technology officer, said in a statement. This will make complex mortgage processes feel effortless and save lenders time and money. Mortgage lenders can use the platform to scale over time without additional expenses or complexities."
DocMagic One provides a single platform that consolidates loan production roles from loan officer to closer, aiming to save time, reduce risk, and lower costs. The platform includes business intelligence and lead pipeline analytics for instant visibility into performance, plus a loan health scoring system to flag files needing immediate attention. Automated compliance functions, AI-powered search and chat, predictive analytics, and advanced eSignature tracking support movement from application to closing with minimal human intervention. The platform can scale without added expenses, is available at no additional cost to current customers, and offers branded and white-label deployment options.
Read at www.housingwire.com
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