WIPRO GALLAGHER SOLUTIONS partners with DocMagic to enhance Digital Mortgage Process

FRANKLIN (TENNESSE - US) / BANGALORE / MUMBAI / RAJKOT - In a regulatory update as submitted to the Indian Stock Exchanges, Bangalore headquartered Azim Premji led Information Technology (IT) Consulting & Software services providing company Wipro Ltd said of Wipro Gallagher Solution having partnered with DocMagic., Inc to enhance digital mortgage process.

In a press-release titled, "Wipro Gallagher Solutions Partners with DocMagic, Inc. to Enhance Digital Mortgage Processes", as attached and enclosed with the regulatory filing as submitted by the company to the Indian Bourses, further read that, new relationship improves functionality and enables greater flexibility for lenders.

The release further read that, Wipro Gallagher Solutions (WGS), a Wipro Limited company and a leading provider of loan origination software solutions, today announced a partnership with DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services for the mortgage industry. 

The partnership will enable Wipro Gallagher Solutions to advance digital mortgage processes via a seamless integration to DocMagic services. 

DocMagic dynamically generates documents and enables NetOxygen LOS users to provide borrowers with the ability to receive the Loan Estimate (LE), eSign documents, and deliver an accurate Closing Disclosure (CD) while ensuring TRID compliance – without ever leaving the LOS. 

Bringing the process full circle, users can also seamlessly access DocMagic’s Total eClose™ platform to execute fully paperless eClosings via a comprehensive eClosing workflow from a single-source vendor.

Amid current challenges and social distancing measures, the new integration offers state-ofthe-art, relevant functionality for lenders, settlement providers, and other stakeholders. 

It allows borrowers to easily eSign documents and execute completely paperless eClosings. 

To showcase the new integration and address trends and mounting challenges in the mortgage market, Wipro Gallagher Solutions and DocMagic will be holding a webinar on July 22nd, 2020 at 11 AM CT, click here to register for the webinar. For more information, visit www.wipro.com/gallagher

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