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Industry | 2013.10.29

DocMagic Rolls out QM Test Functionality

TORRANCE, Calif.--(BUSINESS WIRE)--DocMagic, Inc., the leading provider of fully-compliant loan document preparation, compliance and eDelivery solutions for the mortgage industry, said it will roll out its new qualified mortgage (QM) test to its customers this month. The new functionality, based on the most recent rules handed down by the federal government, is in testing now with a select group of DocMagic clients. “While the new qualified mortgage standard doesn’t go into effect until 2014, l

 

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