Document Systems Releases LoanMagic V 4.0.With More Power for Loan Originators, This Tool Combines Multiple Applications into One CARSON, Calif. -- Document Systems, Inc. * Marketing, lead generation, contact management and more in one application * David Bartels' Selling Smarter system is built into the software * Bolts to front of LOS to give brokers more closing power than ever before Document Systems, Inc. (DSI (Dynamic Systems Initiative) An umbrella term for a suite of Microsoft products that help manage the Windows environment in large enterprises. DSI was introduced in 2003. ), a leading developer of mortgage technology for compliant loan document preparation and customer contact management solutions, has released version released version - release 4.0 of its popular LoanMagic[R] software. The new application combines tools for lead management, contact management, mortgage loan calculators, side-by-side loan comparison and marketing into a single tool. "The biggest complaint we hear from the broker community is that they are tired of being forced to buy a different technology for every job they have to do," said David Bartels, industry consultant, trainer and Director of Educational Services for DSI. "With LoanMagic 4.0, we're giving them everything in one application. That's why we call it a Point-of-Sale software program." LoanMagic is designed to be used in conjunction with any Loan Origination The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. System (LOS). The software gathers and tracks leads, walks originators through the loan sale process, collects contact information, pulls credit, compares loan programs and delivers pre-disclosure documents. All of the information can then be seamlessly delivered to the LOS for loan processing and closing. The updated information can be easily returned to LoanMagic for post close review and follow-up. Bartels has been offering the "Selling Smarter" version of the software to attendees of his High Performance Strategies for Loan Officer and Their Managers training seminars for several months. He says that having the right technology to enable brokers to convert more leads into loan applications and then create long-lasting customer relationships is the key to success. "DocMagic and LoanMagic are two of the greatest products in the mortgage space," said Bartels. "I'm excited about the opportunity to show loan officers how to sell smarter with LoanMagic. Because anyone can try it for free, there is not a better value loan officers can get right now." While version 4 is packed with new features, Bartels is most proud of the fact that it includes his proven Selling Smarter sales strategy. He built the methodology around an optimized prospective borrower interview. His techniques have been used by thousands of brokers to increase their loan production. Now those techniques have been integrated into LoanMagic 4.0. In addition, the new version brings a number of other new features to loan officers, including: * NEW SELLING SMARTER INTERVIEW SYSTEM Based on the nationally recognized Selling Smarter sales methodology, our new information-based, technology-assisted sales process A sales process is a systematic approach for performing product or service sales. The reasons for having a sales process include seller and buyer risk management, achieving standardized customer interaction in sales and scalable revenue generation. will double and even triple the number of loans you close. * NEW LOAN COMPARISON SYSTEM Streamlined data entry interface... reduced calculation time and multiple other upgrades boost your efficiency and save even more of your valuable time and energy. * NEW SEAMLESS DATA EXCHANGE WITH MICROSOFT OUTLOOK For the e-mail and news client bundled with certain versions of Microsoft Windows, see . Microsoft Outlook or Outlook (full name Microsoft Office Outlook Easily exchange and coordinate stored contact and appointment information. * NEW TUTORIAL SYSTEM At both University of Cambridge and University of Oxford, undergraduates are taught in the tutorial system. Students are taught by faculty fellows in groups of one to three. At Cambridge, these are called "supervisions" and at Oxford they are called "tutorials. Brief and effective, this new system places step-by-step training on LoanMagic's many features and reporting capabilities at your fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. ... when it's convenient for you. * EXPANDED REPORT CUSTOMIZATION OPTIONS Now, you can quickly and easily create a virtually limitless array of reports customized to your borrower's individual needs. * IMPROVED CREDIT REPORT ORDER PLACEMENT Now...easily access over 190 of the industry's top credit report suppliers. * ENRICHED USER INTERFACE Larger screen size... NEW root-level tree structure allows for instant one-click access to any critical files. * ENHANCED DATA SYNCHRONIZATION Keeping data in two or more computers up-to-date so that each repository contains the identical information. Data in handheld devices and laptops often require synchronization with the data in a desktop machine or server. Data backup and critical file synchronization File synchronization (or 'synching') in computing is the process of making sure that two or more locations contain the same up-to-date files. If you add, change, or delete a file from one location, the synchronization process will add, change, or delete the same file at the other operate in a flash and system initialization in·i·tial·ize tr.v. in·i·tial·ized, in·i·tial·iz·ing, in·i·tial·iz·es Computer Science 1. To set (a starting value of a variable). 2. To prepare (a computer or a printer) for use; boot. 3. is now complete in just seconds. * ELEVATED LOAN PROGRAM UPDATE SYSTEM See loan program parameters (terms, caps, etc.) at a glance...quickly filter your library for faster selection. * ADDITIONAL MORTGAGE CALCULATORS Mortgage calculators are used to help a current or potential real estate owner determine how much they can afford to borrow to purchase a piece of real estate. Mortgage calculators can also be used to compare the costs or real interest rates between several different loans, determine the Additional calculators have been added to further strengthen your mortgage planning [Mortgage Planning] [1] is the initial and ongoing strategic and mechanical integration of a mortgage loan structure to increase effectiveness of a long or short term financial plan or investment strategy; Ultimately limiting debt exposure, controlling tax liability, and fact-gathering arsenal. "DSI has built a reputation on creating software that is so easy to use that it works almost like magic," said Don Iannitti, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Document Systems, Inc. "But creating loyalty in the mortgage lending business is no easy task for any originator. We wanted to combine our software with the proven training leadership of someone like David to create something truly revolutionary for the industry. Now, for the first time, loan originations can get both the skills they need and the tools they need in one place." DSI developed LoanMagic in 2000. It is the first fully integrated mortgage customer contact management system specifically designed to meet the needs of loan officers. It streamlines the tasks involved with acquiring leads, managing contacts, creating point of sale comparisons and the gathering of all personal and credit information necessary to secure a loan. The built-in loan program analysis tools allow loan officers to instantly create and email side-by-side comparisons of any of the 10,000 loan programs already built into the system. Connections embedded Inserted into. See embedded system. within LoanMagic allow easy access interface with Fannie Mae's Desktop Underwriter, Freddie Mac's Loan Prospector, over 190 of the nation's top credit report suppliers and much more. One click gives the loan officer immediate access to DocMagic's fully compliant state-specific pre-disclosure documents and loan closing packages. About Selling Smarter LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control Based in Thousand Oaks Thousand Oaks, residential city (1990 pop. 104,352), Ventura co., S Calif., in a farm area; inc. 1964. Avocados, citrus, vegetables, strawberries, and nursery products are grown. , Calif., Selling Smarter LLC helps mortgage originators implement and sustain an information-based, technology assisted selling process that multiplies the percentage of leads that are converted into loan apps, loans closed and commission income. The company delivers its services through a combination of public seminars, schools, private team workshops, customized consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" , technology implementation and self-study programs. To find out more, visit the company on the Web at www.selling-smarter.com. About Document Systems, Inc. Founded in 1988 and headquartered in Carson, Calif., Document Systems, Inc., is a mortgage technology company that develops software, processes and Web-based systems for the production of compliant loan document packages. Along with it's loan document production system, DocMagic[R], DSI provides legal expertise regarding the completion of all applicable forms, and both guarantees and warrants that all agency forms are up-to-date and in compliance with GSE GSE general somatic efferent system. requirements. DSI's staff includes a team of compliance experts that constantly monitor legal and regulatory changes at federal and state levels to ensure accuracy. DSI is the first company in the mortgage industry to develop a fully integrated mortgage customer contact management system, LoanMagic[TM], that is specifically designed to help loan officers streamline the tasks involved with acquiring leads, managing contacts and gathering all personal and credit information necessary to secure a loan. For more information on DSI, visit the company's Web site at www.DocMagic.com. |
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