Texas Capital Bank Implements DocMagic’s Total eClose Solution for eWarehouse Lending
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Per the MBA the cost per loan is approximately $8,500. That’s a real chunk of change. With the increase in rules, regulations, consumer protection, the complexity of “doing” a loan (finding a borrower, locking the loan, underwriting, processing, closing, funding, selling, and servicing), and the fear of making a mistake (with the resulting penalty), has led every lender to use the.
April 21, 2017 (SEND2PRESS NEWSWIRE. announced that Texas Capital Bank has implemented its Total eClose(TM) solution. This implementation enables the bank to function as an eWarehouse lender. They.
Texas Capital Bank | Press Releases – DALLAS, April 17, 2019 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced earnings and operating results for the first quarter of. Continue Reading
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DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced that Texas Capital Bank has implemented its Total eClose(TM) solution. This implementation enables the bank to function as an eWarehouse lender.
Why lenders should jump at new, easier fix for back pay disputes Why lenders should jump at new, easier fix for back pay disputes For the better part of the last decade, lenders have been struggling (often in vain) to comply with the fair labor standards act. However, curing these problems has often gone hand-in-hand with acknowledging significant liabilities and the risk that well intentioned changes could.
Unlike other document and eClosing solution providers, DocMagic takes an ultra hands-on approach to implementations, from developing the project roadmap, to training all parties-such as staff, title agents and notaries-to synchronized testing of each facet of the Total eClose platform.
E-Warehousing Picks Up Momentum April 21, 2017 / in Market Analysis / by Tony Garritano. Texas Capital Bank has implemented DocMagic’s Total eClose solution. This implementation enables the bank to function as an eWarehouse lender. They can now accept and fund eNotes from its lender customers.
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