Demo Day: DocMagic TRID Compliance Solution

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DocMagic revolutionizes the underwriting process by offering an AI-driven TRID solution for lending teams. We’re streamlining the underwriting process by automating document verification, classification, and data extraction with 95% accuracy. By minimizing human intervention, we’re empowering underwriters, saving time, and reducing compliance errors at the same time.

Product Fast Facts #1

Verifies authenticity for documents by qualifying borrowers, speeding identification, and safeguarding lenders against fraudulent submissions.

#2

The platform intelligently performs auto-classification with a 95% system automation of documents and data, enabling streamlined organization and easier retrieval of vital information.

#3

Our powerful Audit Engine computes data and applies rules to flag issues that require the attention of your underwriters, reducing the risk and potential compliance issues.

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Originally posted on: https://www.housingwire.com/articles/demo-day-docmagic-trid-compliance-solution/