Plano, Texas, October 6, 2017 – RamQuest, Inc., a leading provider of title and settlement solutions for the Land Title industry, announced today that its Closing Market digital network is integrated with DocMagic’s SmartCLOSE. Closing Market is an application to application interface that electronically connects business partners allowing each participant to work from their own software. SmartCLOSE is a secure closing collaboration portal where participants can view and exchange data prior to closing.
“With SmartCLOSE, RamQuest customers can connect to lender LOS systems,” said Tim Anderson, director of services at DocMagic. “The SmartCLOSE portal makes it easy for RamQuest settlement agents to collaborate with lenders, exchanging documents and data in real-time…but it doesn’t stop there. Our auditing engine continuously analyzes and compares any changes in values to ensure compliance of the data.”
The SmartCLOSE collaboration portal can support all documents and data, including the full mandate of the UCD requirement. This integration enables RamQuest title companies to collaborate on fees with their lenders and also lets them choose when to synchronize the UCD data between SmartClose and their RamQuest title production solution.
“Access to SmartCLOSE will be beneficial for our customers,” said Ben Cork, chief strategy officer at RamQuest. “This collaboration portal will not only save them time but also increase their visibility into lender documents which will help them make better business decisions.”
Closing Market is RamQuest’s digital marketplace that seamlessly integrates diverse software systems which gives business partners an easy and efficient way to do business together and meet their customers’ needs. The Closing Market network allows participants to order, exchange and market products and services required in the Real Estate Closing Process.
About DocMagic DocMagic, Inc. is the leading provider of fully-compliant loan document preparation, regulatory compliance, eSign, eDelivery and comprehensive eMortgage services for the mortgage industry. Founded in 1988 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web-based systems for the production and delivery of compliant loan document packages. For more about DocMagic, visit www.docmagic.com.
About RamQuest, Inc. RamQuest, Inc. is a Texas-based corporation that has been serving the title industry since 1991. As the provider of the title and settlement industry’s most comprehensive title and settlement solutions, RamQuest products are currently in use for closings in all 50 states. For more information about RamQuest, visit RamQuest.com.
"I don't know how you use RamQuest without using Closing Market. It's like your right hand! A lot of vendors we don't even talk to unless they're using Closing Market because that's just such a valuable piece to use."
Nicole McGuyer, Vice President